Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 588.25K | 41.89K | 458.26K | 1.22M | 607.78K | 66.61K |
Gross Profit | -384.89K | -106.48K | -1.43M | -788.67K | -1.29M | -107.97K |
EBITDA | -6.04M | -7.91M | -14.13M | -16.28M | -4.21M | 5.46M |
Net Income | -6.89M | -9.13M | -17.07M | -19.75M | -6.92M | -4.89M |
Balance Sheet | ||||||
Total Assets | 6.79M | 7.15M | 6.30M | 18.68M | 12.85M | 7.37M |
Cash, Cash Equivalents and Short-Term Investments | 2.95M | 3.17M | 1.05M | 11.48M | 5.96M | 167.72K |
Total Debt | 1.76M | 2.06M | 4.23M | 10.08M | 13.51M | 19.42M |
Total Liabilities | 3.36M | 3.77M | 7.83M | 14.09M | 15.68M | 27.56M |
Stockholders Equity | 3.43M | 3.38M | -1.53M | 4.59M | -2.83M | -20.19M |
Cash Flow | ||||||
Free Cash Flow | -6.94M | -8.42M | -13.41M | -10.69M | -9.68M | -2.88M |
Operating Cash Flow | -6.94M | -8.42M | -9.54M | -10.51M | -9.40M | -2.88M |
Investing Cash Flow | -3.36K | -421.00 | -3.88M | -265.47K | -301.52K | 254.44K |
Financing Cash Flow | 4.11M | 10.55M | 2.96M | 16.29M | 15.50M | 2.80M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
55 Neutral | $107.25M | -1.98 | -255.34% | ― | -17.53% | 8.53% | |
49 Neutral | $96.48M | -24.42 | -4.15% | ― | -33.25% | 81.55% | |
49 Neutral | $37.10M | -0.49 | -62.22% | ― | 22.78% | -27.59% | |
45 Neutral | $6.06M | ― | -181.54% | ― | -84.54% | 98.57% | |
41 Neutral | $59.65M | -0.02 | 209.06% | ― | -54.68% | 63.56% | |
39 Underperform | $47.33M | -0.72 | ― | ― | -51.35% | -103.78% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
On May 16, 2024, Ascent Solar Technologies entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC to sell shares of its common stock, initially valued at up to $4,219,000. Since then, the company has increased the offering amount multiple times, with the latest increase allowing for an additional $758,818 in shares. As of August 20, 2025, Ascent has sold 1,537,783 shares for gross proceeds of approximately $11,883,824.54. The proceeds are expected to be used primarily for general and administrative expenses, with management having significant discretion over their allocation.
The most recent analyst rating on (ASTI) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Ascent Solar Technologies stock, see the ASTI Stock Forecast page.
On August 6, 2025, Ascent Solar Technologies released a corporate update detailing its customer pipeline and sales progress in the aerospace and space industries. The company projects sales to reach $5 million to $20 million in 2026 and $25 million to $40 million in 2027, based on current customer discussions and market opportunities. The update highlights Ascent’s competitive advantages and customer acquisition strategies, following milestones such as collaborations with NASA and agreements with various organizations in the space and defense sectors. CEO Paul Warley emphasized the company’s focus on improving efficiency and meeting the demand for durable solar solutions in space.
On June 27, 2025, Ascent Solar Technologies, Inc. announced the commencement of a public offering of 1,000,000 shares of common stock and warrants to purchase an additional 1,000,000 shares, with the offering closing on June 30, 2025. The company expects to raise approximately $1.6 million in net proceeds, which will be used for working capital, product development, and general corporate purposes. The offering is part of a strategic move to strengthen the company’s financial position and support its growth initiatives. Ascent Solar has agreed to certain restrictions on issuing additional shares or securities for a specified period, reflecting a commitment to stabilize its stock and reassure investors.
On June 26, 2025, Ascent Solar Technologies announced a Collaborative Agreement Notice with NASA’s Marshall Space Flight Center and support from NASA Glenn Research Center to advance thin-film photovoltaic power beaming capabilities using CIGS PV modules. This collaboration aims to mature commercial products for distributed space power infrastructure, potentially reducing the cost, complexity, and risk of NASA missions. On June 27, 2025, Ascent entered a Teaming Agreement to supply a US-based defense solutions provider with its solar technology for orbital applications and future missions, indicating a strategic expansion in the defense sector.