Add a timecode to FLV player

Ive created a re-skinned video player working from the customizable components. The only thing I need still is to have a dynamic text time tracker to the right of the seek bar. I’m having trouble finding topics on it by searching but that may be due to my keywords. Any help/suggestions would be much appreciated, even links to a tutorial. Thanks in advance.

Not entirely sure, but is this what you mean?
http://livedocs.adobe.com/flash/8/main/wwhelp/wwhimpl/common/html/wwhelp.htm?context=LiveDocs_Parts&file=00003573.html
Although it outputs as a trace, you should be able to send it to a textfield.