Ascent Solar Technologies, Inc. (ASTI) Financial Statements (2024 and earlier)

Company Profile

Business Address 12300 GRANT STREET
THORNTON, CO 80241
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9066,34411,4832,8504293,028
Cash and cash equivalents9066,34411,4832,8504293,028
Receivables 15952112836561
Inventory, net of allowances, customer advances and progress billings678513615684678638
Inventory678513615684678638
Other undisclosed current assets3021,508344875808660
Total current assets:1,9018,45912,4444,5222,7514,887
Noncurrent Assets
Operating lease, right-of-use asset3,9304,1424,3254,4904,6664,816
Property, plant and equipment4,352579552536535325
Long-term investments and receivables686861619198
Long-term investments686861619198
Intangible assets, net (including goodwill)798180808482
Intangible assets, net (excluding goodwill)798180808482
Other noncurrent assets1,3321,2341,215625625625
Total noncurrent assets:9,7616,1046,2335,7926,0015,946
TOTAL ASSETS:11,66214,56318,67710,3148,75210,833
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,9361,3291,4843,0592,3391,996
Accounts payable1,152581595717828601
Accrued liabilities7837488892,3421,5111,395
Debt5,6062,000  963946
Due to related parties567435245
Other undisclosed current liabilities3,4803,6433,4221,480482460
Total current liabilities:11,0226,9774,9744,5823,8363,447
Noncurrent Liabilities
Long-term debt and lease obligation  6,1175,2684,0055,1525,302
Long-term debt, excluding current maturities  6,1175,268 963946
Liabilities, other than long-term debt3,4333,6503,849212121
Accounts payable and accrued liabilities212121212121
Operating lease, liability3,4113,6293,8284,0054,1884,356
Total noncurrent liabilities:3,4339,7679,1184,0265,1735,323
Total liabilities:14,45516,74414,0918,6089,0098,771
Equity
Equity, attributable to parent(2,793)(2,180)4,5861,706(257)2,062
Preferred stock000000
Common stock643333
Additional paid in capital466,294451,336452,136444,022434,146434,146
Accumulated other comprehensive income (loss)(14)(9)(16)(16)(13)(7)
Accumulated deficit(469,079)(453,511)(447,537)(442,303)(434,393)(432,080)
Total equity:(2,793)(2,180)4,5861,706(257)2,062
TOTAL LIABILITIES AND EQUITY:11,66214,56318,67710,3148,75210,833

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues101124136638566
Cost of revenue(1,227)(1,866)(2,174)(4,206)(577)(533)
Cost of goods and services sold(666)(462)(492)(410)(577)(533)
Gross profit:(1,126)(1,742)(2,162)(4,200)6133
Operating expenses(2,026)(3,283)(2,750)(3,451)(2,343)(2,244)
Operating loss:(3,151)(5,025)(4,912)(7,651)(2,282)(2,211)
Nonoperating income (expense)(762)(1,058)(323)(233)(30)(2,086)
Other nonoperating income 1011202 
Loss from continuing operations before equity method investments, income taxes:(3,913)(6,083)(5,234)(7,883)(2,313)(4,297)
Income (loss) from equity method investments (0) 0(27) (0)
Loss from continuing operations:(3,913)(6,083)(5,234)(7,911)(2,313)(4,297)
Loss before gain (loss) on sale of properties:(7,911)(2,313)(4,297)
Net loss attributable to parent:(3,913)(6,083)(5,234)(7,911)(2,313)(4,297)
Other undisclosed net loss available to common stockholders, basic (11,654)     
Net loss available to common stockholders, diluted:(15,567)(6,083)(5,234)(7,911)(2,313)(4,297)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net loss:(3,913)(6,083)(5,234)(7,911)(2,313)(4,297)
Comprehensive loss:(3,913)(6,083)(5,234)(7,911)(2,313)(4,297)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(5)7 (3)(6)(7)
Comprehensive loss, net of tax, attributable to parent:(3,918)(6,077)(5,234)(7,913)(2,319)(4,304)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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