Implicit computational complexity is an active area of theoretical computer science, which aims at providing machine-independent characterizations of relevant complexity classes. One of the seminal works in this field appeared in 1965, when Cobham introduced a function algebra closed under bounded recursion on notation to capture FP. Later on, several complexity classes have been characterized using limited recursion schemas. In this context, a new approach was recently introduced, showing that ordinary differential equations (ODEs) offer a natural tool for algorithmic design and providing a characterization of FP by an ODE-schema. The overall goal of the present work is precisely that of generalizing this approach to parallel computation, obtaining an original ODE-characterization for the small circuit classes FAC⁰ and FTC⁰.