Ascent Solar Technologies, Inc. (ASTI) financial statements (2022 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 thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,962 | 168 | 18 | 90 | 131 | 326 | |||
| Cash and cash equivalents | 5,962 | 168 | 18 | 90 | 131 | 326 | |||
| Receivables | 49 | 6 | (46) | 165 | 7 | 549 | 1,993 | ||
| Inventory, net of allowances, customer advances and progress billings | 592 | 534 | 534 | 661 | 1,038 | 2,570 | 4,272 | ||
| Inventory | 592 | 534 | 534 | 661 | 1,038 | 2,570 | 4,272 | ||
| Deferred tax assets | ✕ | ✕ | ✕ | 469 | 691 | ||||
| Other undisclosed current assets | 248 | 72 | 98 | 138 | 494 | 515 | 704 | ||
| Total current assets: | 6,851 | 779 | 585 | 982 | 1,629 | 4,234 | 7,986 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4,985 | 5,634 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 280 | 19 | 4,235 | 4,413 | 4,632 | 5,656 | 9,091 | ||
| Long-term investments and receivables | 21 | ||||||||
| Long-term investments | 21 | ||||||||
| Intangible assets, net (including goodwill) | 87 | 440 | 813 | 862 | 1,471 | 1,648 | 1,568 | ||
| Intangible assets, net (excluding goodwill) | 87 | 440 | 813 | 862 | 1,471 | 1,648 | 1,568 | ||
| Other noncurrent assets | 625 | 500 | 34 | 50 | 78 | 105 | |||
| Total noncurrent assets: | 5,997 | 6,592 | 5,048 | 5,310 | 6,153 | 7,381 | 10,764 | ||
| TOTAL ASSETS: | 12,848 | 7,372 | 5,634 | 6,292 | 7,781 | 11,615 | 18,750 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,634 | 2,255 | 3,288 | 3,881 | 3,224 | 6,372 | 5,339 | ||
| Accounts payable | 642 | 737 | 1,663 | 2,319 | 1,600 | 4,902 | 3,625 | ||
| Accrued liabilities | 992 | 1,518 | 1,625 | 1,562 | 1,624 | 1,470 | 1,714 | ||
| Debt | 2,129 | 349 | 343 | 243 | 349 | ||||
| Estimated litigation liability | 339 | 541 | |||||||
| Due to related parties | 45 | 136 | 460 | 271 | 203 | 215 | |||
| Other undisclosed current liabilities | 1,372 | 6,761 | 24,835 | 19,369 | 10,542 | 10,928 | 3,897 | ||
| Total current liabilities: | 3,051 | 9,152 | 30,712 | 23,870 | 14,312 | 18,098 | 10,126 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 12,609 | 12,992 | 5,029 | 5,118 | 5,282 | 5,442 | |||
| Long-term debt, excluding current maturities | 8,077 | 7,813 | 5,029 | 5,118 | 5,282 | 5,442 | |||
| Operating lease, liability | 4,532 | 5,179 | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 21 | 14 | 28 | 29 | 58 | 176 | 604 | ||
| Accounts payable and accrued liabilities | 21 | 14 | 28 | 29 | 58 | 176 | 264 | ||
| Estimated litigation liability | 340 | ||||||||
| Other undisclosed noncurrent liabilities | 5,406 | ||||||||
| Total noncurrent liabilities: | 12,631 | 18,412 | 28 | 5,058 | 5,176 | 5,458 | 6,046 | ||
| Total liabilities: | 15,682 | 27,564 | 30,740 | 28,928 | 19,489 | 23,556 | 16,171 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (2,834) | (20,192) | (25,107) | (22,636) | (15,202) | (13,991) | 2,579 | ||
| Preferred stock | 0 | 0 | 0 | 0 | |||||
| Common stock | 0 | 1,810 | 476 | 6 | 961 | 55 | 16 | ||
| Additional paid in capital | 424,949 | 399,780 | 397,818 | 395,890 | 386,332 | 369,886 | 347,645 | ||
| Retained earnings (accumulated deficit) | (427,783) | (421,783) | (423,400) | (418,532) | (402,495) | (383,933) | 345,082 | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | (690,164) | ||||||
| Total stockholders' equity: | (2,834) | (20,192) | (25,107) | (22,636) | (15,202) | (13,991) | 2,579 | ||
| Other undisclosed liabilities and equity | 3,495 | 2,050 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 12,848 | 7,372 | 5,634 | 6,292 | 7,781 | 11,615 | 18,750 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 608 | 67 | 638 | 862 | 642 | 1,747 | 6,537 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 642 | 1,747 | 6,537 | |
| Cost of revenue | (1,902) | (175) | (1,333) | (1,032) | (4,388) | (5,804) | (16,274) | |
| Cost of goods and services sold | (1,902) | (175) | (491) | (363) | ||||
| Gross profit: | (1,295) | (108) | (695) | (170) | (3,746) | (4,057) | (9,737) | |
| Operating expenses | (7,496) | (2,346) | (2,559) | (6,400) | (10,402) | (20,572) | (18,009) | |
| Operating loss: | (8,790) | (2,455) | (3,253) | (6,570) | (14,148) | (24,629) | (27,746) | |
| Nonoperating income (expense) | 2,790 | 4,072 | (1,615) | (9,466) | (4,412) | (14,222) | (18,051) | |
| Other nonoperating income (expense) | (169) | 3,002 | 843 | 13 | 575 | 83 | (60) | |
| Interest and debt expense | (476) | (5) | (25) | (29) | (76) | (137) | (363) | |
| Net income (loss): | (6,476) | 1,613 | (4,893) | (16,066) | (18,636) | (38,988) | (46,161) | |
| Other undisclosed net income attributable to parent | 476 | 5 | 25 | 29 | 76 | 137 | 363 | |
| Net income (loss) attributable to parent: | (6,000) | 1,617 | (4,868) | (16,036) | (18,560) | (38,851) | (45,798) | |
| Preferred stock dividends and other adjustments | (636) | |||||||
| Net income (loss) available to common stockholders, diluted: | (6,000) | 1,617 | (4,868) | (16,036) | (19,196) | (38,851) | (45,798) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (6,476) | 1,613 | (4,893) | (16,066) | (18,636) | (38,988) | (46,161) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (6,476) | 1,613 | (4,893) | (16,066) | (18,636) | (38,988) | (46,161) | |
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.