Ascent Solar Technologies, Inc.
Ascent Solar Technologies, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 16 | 3 | 2 | 3 | 2 | 3 | 4 | 6 | 0 | 1 | 2 | 1 | |||||
Accounts Receivable Net Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | |||||
Inventory Net | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |||||
Prepaid Expense And Other Assets Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Assets Current | 17 | 3 | 3 | 4 | 3 | 4 | 4 | 6 | 1 | 2 | 3 | 2 | |||||
Property Plant And Equipment Gross | 19 | 19 | 19 | 19 | 19 | 20 | 20 | 20 | 20 | 21 | 24 | 26 | |||||
Accumulated Depreciation Depletion And Amortizatio… | -19 | -19 | -19 | -19 | -19 | -19 | -19 | -19 | -19 | -20 | -20 | -22 | |||||
Property Plant And Equipment Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 4 | 4 | |||||
Other Assets Noncurrent | |||||||||||||||||
Operating Lease Right Of Use Asset | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 4 | |||||
Finite Lived Intangible Assets Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Equity Method Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Other Long Term Investments | - | - | 0 | - | - | - | - | - | - | - | - | - | |||||
Other Investments | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |||||
Other Assets Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Other Assets | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | |||||
Assets | 20 | 6 | 6 | 7 | 6 | 7 | 8 | 10 | 5 | 6 | 11 | 12 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | |||||
Accrued Liabilities Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | |||||
Employee Related Liabilities Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | |||||
Accrued Payroll Taxes Current | - | - | - | - | - | - | - | - | - | 0 | - | - | |||||
Accrued Professional Fees Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | |||||
Operating Lease Liability Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | |||||
Convertible Notes Payable Current | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 6 | |||||
Bridge Loan | - | - | - | - | - | 0 | 0 | 1 | 0 | - | - | - | |||||
Liabilities Current | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 6 | 12 | 11 | |||||
Liabilities Noncurrent | |||||||||||||||||
Operating Lease Liability Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | |||||
Standard Product Warranty Accrual Noncurrent | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities | 3 | 3 | 3 | 3 | 4 | 4 | 5 | 6 | 8 | 8 | 14 | 14 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 518 | 503 | 500 | 499 | 496 | 495 | 493 | 493 | 482 | 481 | 468 | 466 | |||||
Retained Earnings Accumulated Deficit | -502 | -499 | -497 | -495 | -493 | -492 | -490 | -488 | -485 | -482 | -471 | -469 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | |||||
Stockholders Equity | 17 | 3 | 3 | 3 | 3 | 3 | -3 | 4 | -3 | -2 | -3 | -3 | |||||
Liabilities And Stockholders Equity | 20 | 6 | 6 | 7 | 6 | 7 | 8 | 10 | 5 | 6 | 11 | 12 | |||||
Series A Preferred Stock | 0 | 0 | -0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | |||||
Series1 C Preferred Stock | 0 | 0 | - | - | - | 0 | - | - | - | - | - | - | |||||
Allowance For Doubtful Accounts Receivable Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Finite Lived Intangible Assets Accumulated Amortiz… | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 600 | 600 | 600 | 600 | 500 | 600 | 500 | 500 | 500 | 500 | 500 | 500 | |||||
Common Stock Shares Issued | 9 | 14 | 10 | 8 | 5 | 4 | 4 | 296 | 221 | 16 | 18 | 1,846 | |||||
Shares Outstanding | 9 | 14 | 10 | 8 | 5 | 4 | 4 | 296 | 221 | 16 | 18 | 1,846 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 71.99% | 12.96% | -31.71% | - | - | - | - | - | - | - | - | - |
| 2025 | -10.99% | 39.56% | -7.69% | -17.19% | 3.62% | -6.79% | 13.53% | 138.82% | 193.53% | -22.10% | -7.30% | 38.41% |
| 2024 | 15.38% | 0.00% | -13.46% | -58.82% | -68.03% | -61.58% | -11.44% | 15.50% | -18.45% | 19.15% | 12.77% | 11.35% |
| 2023 | -39.61% | -43.96% | -65.70% | -12.70% | -85.79% | -92.70% | 11.38% | 8.70% | -5.37% | -45.38% | -79.66% | -85.13% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 6.99 | 1.53 | 1.23 | 1.62 | 1.25 | 1.63 | 1.46 | 1.52 | 0.16 | 0.27 | 0.26 | 0.17 | |||||
| Quick Ratio | 6.69 | 1.26 | 0.97 | 1.34 | 0.98 | 1.39 | 1.26 | 1.38 | 0.03 | 0.18 | 0.19 | 0.08 | |||||
| Working Capital | 14.38M | 1.18M | 504.07K | 1.39M | 567.61K | 1.43M | 1.36M | 2.20M | -4.72M | -4.23M | -8.73M | -9.12M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.18 | 0.90 | 1.18 | 0.98 | 1.40 | 1.11 | -1.38 | 1.45 | -2.95 | -5.13 | -4.84 | -5.18 | |||||
| Debt Ratio | 0.15 | 0.47 | 0.54 | 0.49 | 0.58 | 0.53 | 0.58 | 0.59 | 1.51 | 1.24 | 1.26 | 1.24 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.02 | 0.03 | 0.04 | 0.04 | 0.02 | |||||
| Days Sales Outstanding TTM | 26.79 | - | - | 155.92 | - | - | 34.93 | 25.54 | - | - | - | 635.12 | |||||
| Receivables Turnover TTM | 13.62 | - | - | 2.34 | - | - | 10.45 | 14.29 | - | - | - | 0.57 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |||||
| Free Cash Flow Per Share TTM | -0.93 | -0.90 | -0.70 | -0.64 | -0.66 | -0.53 | -0.62 | -0.76 | -0.86 | -1.09 | -1.21 | -1.08 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | -114.83% | -155.73% | - | - | - | - | -390.75% | -213.89% | -323.97% | -312.94% | -393.99% | -730.01% | |||||
| Operating Profit Margin TTM | -7,419.03% | -10,256.71% | -11,856.44% | -18,333.60% | -15,039.48% | -20,378.46% | -27,265.96% | -4,621.84% | -3,855.17% | -3,413.63% | -3,303.80% | -8,481.10% | |||||
| Net Profit Margin TTM | -7,341.73% | -10,202.49% | -11,892.30% | -16,869.98% | -16,025.38% | -21,794.27% | -28,738.24% | -4,907.09% | -3,982.01% | -3,724.94% | -3,661.33% | -9,463.62% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 117.83% | 83.26% | 36.85% | -84.54% | -84.71% | -90.86% | -90.46% | 8.81% | -56.50% | -62.52% | -62.86% | -80.68% | |||||
| Net Income Growth (1Y) | -0.20% | -14.21% | -43.37% | -46.85% | -38.48% | -46.51% | -25.10% | -43.58% | -37.22% | -13.59% | -5.35% | 81.31% | |||||
| EPS Growth (1Y) | 67.62% | 77.74% | -11.77% | -24.82% | -27.84% | -47.02% | -26.42% | -46.92% | -38.87% | -19.61% | -7.15% | 79.99% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -3.78 | -4.02 | -2.56 | -4.11 | -2.27 | -5.69 | -2.95 | -12.19 | -45.63 | -80.19 | -151.70 | -1,542.50 | |||||
| P/B TTM | 1.87 | 9.44 | 7.02 | 8.31 | 7.32 | 15.37 | -11.38 | 38.31 | -241.98 | -896.67 | -894.51 | -12,779.86 | |||||
| P/S TTM | 277.65 | 410.47 | 304.29 | 694.10 | 363.54 | 1,239.99 | 847.37 | 597.97 | 1,816.89 | 2,987.09 | 5,554.26 | 145,976.55 | |||||
| Market Cap | 31.40M | 31.51M | 18.60M | 28.55M | 18.87M | 51.95M | 37.85M | 159.11M | 617.08M | 1.37B | 2.60B | 35.70B | |||||
| Enterprise Value | 15.33M | 28.73M | 16.51M | 25.60M | 16.62M | 48.78M | 34.13M | 153.32M | 616.90M | 1.37B | 2.60B | 35.70B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -7.41M | -6.94M | -6.66M | -6.94M | -8.78M | -8.42M | -9.11M | -11.65M | -13.43M | -17.22M | -17.60M | -15.58M | |||||
| Net Debt | -16.07M | -2.79M | -2.09M | -2.95M | -2.26M | -3.17M | -3.72M | -5.79M | -181.20K | -693.80K | -1.93M | 4.70M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Ascent Solar Technologies, Inc. (ASTI) — SEC Financial Statements & Analysis
Ascent Solar Technologies, Inc. (ASTI) is a semiconductors & related devices company, incorporated in DE. Ascent Solar Technologies, Inc. trades on Nasdaq as: ASTI. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Ascent Solar Technologies, Inc. reported a 117.83% year-over-year revenue growth, a Gross Profit Margin of -114.83% (TTM), a Debt-to-Equity ratio of 0.18x, a Price-to-Sales (P/S) ratio of 277.65x (TTM), a Price-to-Book (P/B) ratio of 1.87 (TTM), at a market cap of $31.40M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 117.83%
- Gross Profit Margin TTM
- -114.83%
- Debt To Equity
- 0.18x
- P/S TTM
- 277.65x
- P/B TTM
- 1.87
- Market Cap
- $31.40M
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Ascent Solar Technologies, Inc. in?
Ascent Solar Technologies, Inc. (ASTI) operates in the Semiconductors & Related Devices industry.
What is ASTI's market cap?
Ascent Solar Technologies, Inc. (ASTI) has a market capitalization of $31.40M as of 2026-03-31.
What exchange does ASTI trade on?
Ascent Solar Technologies, Inc. (ASTI) trades on the Nasdaq.
Where is Ascent Solar Technologies, Inc. incorporated?
Ascent Solar Technologies, Inc. is incorporated in DE.