Ascent Solar Technologies Inc (ASTI) financial statements (2020 and earlier)
Company profile
| Business Address |
12300 GRANT STREET THORNTON, CO 80241 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 0 | 0 | 0 | 0 | 0 | 3 | 3 | ||
| Cash and cash equivalents | 0 | 0 | 0 | 0 | 0 | 3 | 3 | ||
| Receivables | 0 | 0 | 0 | 1 | 2 | 3 | 0 | ||
| Inventory, net of allowances, customer advances and progress billings | 1 | 1 | 1 | 3 | 4 | 2 | 2 | ||
| Inventory | 1 | 1 | 1 | 3 | 4 | 2 | 2 | ||
| Deferred tax assets | ✕ | 0 | 1 | 1 | 1 | ||||
| Other undisclosed current assets | 0 | 0 | 0 | 1 | 1 | 26 | 0 | ||
| Total current assets: | 1 | 1 | 2 | 4 | 8 | 35 | 7 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4 | 4 | 5 | 6 | 9 | 15 | 21 | ||
| Long-term investments and receivables | 0 | ||||||||
| Long-term investments | 0 | ||||||||
| Intangible assets, net (including goodwill) | 1 | 1 | 1 | 2 | 2 | 1 | 1 | ||
| Intangible assets, net (excluding goodwill) | 1 | 1 | 1 | 2 | 2 | 1 | 1 | ||
| Restricted cash and investments | 4 | ||||||||
| Other noncurrent assets | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Deferred tax assets, net | ✕ | 71 | 53 | ||||||
| Other undisclosed noncurrent assets | (71) | (53) | |||||||
| Total noncurrent assets: | 5 | 5 | 6 | 7 | 11 | 21 | 22 | ||
| TOTAL ASSETS: | 6 | 6 | 8 | 12 | 19 | 56 | 29 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3 | 4 | 3 | 6 | 5 | 5 | 2 | ||
| Accounts payable | 1 | 2 | 2 | 5 | 4 | 2 | 0 | ||
| Accrued liabilities | 2 | 2 | 2 | 1 | 2 | 3 | 2 | ||
| Debt | 2 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Estimated litigation liability | 0 | 1 | 0 | ||||||
| Due to related parties | 0 | 0 | 0 | 0 | |||||
| Other undisclosed current liabilities | 24 | 19 | 11 | 11 | 4 | 6 | 3 | ||
| Total current liabilities: | 28 | 24 | 14 | 18 | 10 | 11 | 6 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5 | 5 | 5 | 5 | 6 | 6 | |||
| Long-term debt, excluding current maturities | 5 | 5 | 5 | 5 | 6 | 6 | |||
| Liabilities, other than long-term debt | 0 | 0 | 0 | 0 | 1 | 1 | 1 | ||
| Accounts payable and accrued liabilities | 0 | 0 | 0 | 0 | 0 | ||||
| Estimated litigation liability | 0 | 1 | 1 | ||||||
| Total noncurrent liabilities: | 0 | 5 | 5 | 5 | 6 | 7 | 7 | ||
| Total liabilities: | 29 | 29 | 19 | 24 | 16 | 18 | 13 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (23) | (23) | (15) | (14) | 3 | 8 | 15 | ||
| Preferred stock | 0 | 0 | |||||||
| Common stock | 0 | 0 | 1 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 398 | 396 | 386 | 370 | 348 | 307 | 263 | ||
| Retained earnings (accumulated deficit) | (420) | (419) | (402) | (384) | 345 | ||||
| Warrants and rights outstanding | 16 | ||||||||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | (690) | (315) | (248) | ||||
| Total stockholders' equity: | (23) | (23) | (15) | (14) | 3 | 8 | 15 | ||
| Other undisclosed liabilities and equity | 3 | 2 | 30 | 0 | |||||
| TOTAL LIABILITIES AND EQUITY: | 6 | 6 | 8 | 12 | 19 | 56 | 29 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1 | 1 | 1 | 2 | 7 | 5 | 1 | |
| Revenue, net | ✕ | ✕ | 1 | 2 | 7 | 5 | 1 | |
| Cost of revenue | (1) | (1) | (4) | (6) | (16) | (24) | (21) | |
| Gross profit: | (0) | (0) | (4) | (4) | (10) | (19) | (20) | |
| Operating expenses | (4) | (6) | (10) | (21) | (18) | (15) | (8) | |
| Operating loss: | (4) | (7) | (14) | (25) | (28) | (34) | (28) | |
| Nonoperating expense | (6) | (9) | (4) | (14) | (18) | (9) | (2) | |
| Investment income, nonoperating | (1) | |||||||
| Other nonoperating income (expense) | 1 | 0 | 1 | 0 | (0) | (0) | (1) | |
| Interest and debt expense | (0) | (0) | (0) | (0) | (0) | (3) | (1) | |
| Net loss: | (10) | (16) | (19) | (39) | (46) | (46) | (31) | |
| Other undisclosed net income attributable to parent | 0 | 0 | 0 | 0 | 0 | 3 | 1 | |
| Net loss attributable to parent: | (10) | (16) | (19) | (39) | (46) | (43) | (30) | |
| Preferred stock dividends and other adjustments | (1) | |||||||
| Other undisclosed net loss available to common stockholders, basic | (8) | (6) | ||||||
| Net loss available to common stockholders, diluted: | (10) | (16) | (19) | (39) | (46) | (51) | (36) | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (10) | (16) | (19) | (39) | (46) | (46) | (31) | |
| Comprehensive loss: | (10) | (16) | (19) | (39) | (46) | (46) | (31) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 3 | 1 | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (10) | (16) | (19) | (39) | (46) | (43) | (30) | |
Statements sources
The financial statements are based on the company's filings with the 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.