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 investments5,962168 1890131326
Cash and cash equivalents5,962168 1890131326
Receivables496(46)16575491,993
Inventory, net of allowances, customer advances and progress billings5925345346611,0382,5704,272
Inventory5925345346611,0382,5704,272
Deferred tax assets  469691
Other undisclosed current assets2487298138494515704
Total current assets:6,8517795859821,6294,2347,986
Noncurrent Assets
Operating lease, right-of-use asset4,9855,634 
Property, plant and equipment280194,2354,4134,6325,6569,091
Long-term investments and receivables21      
Long-term investments21      
Intangible assets, net (including goodwill)874408138621,4711,6481,568
Intangible assets, net (excluding goodwill)874408138621,4711,6481,568
Other noncurrent assets625500 345078105
Total noncurrent assets:5,9976,5925,0485,3106,1537,38110,764
TOTAL ASSETS:12,8487,3725,6346,2927,78111,61518,750
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,6342,2553,2883,8813,2246,3725,339
Accounts payable6427371,6632,3191,6004,9023,625
Accrued liabilities9921,5181,6251,5621,6241,4701,714
Debt  2,129349343243349
Estimated litigation liability     339541
Due to related parties45136460271203215 
Other undisclosed current liabilities1,3726,76124,83519,36910,54210,9283,897
Total current liabilities:3,0519,15230,71223,87014,31218,09810,126
Noncurrent Liabilities
Long-term debt and lease obligation12,60912,992 5,0295,1185,2825,442
Long-term debt, excluding current maturities8,0777,813 5,0295,1185,2825,442
Operating lease, liability4,5325,179 
Liabilities, other than long-term debt2114282958176604
Accounts payable and accrued liabilities2114282958176264
Estimated litigation liability      340
Other undisclosed noncurrent liabilities 5,406     
Total noncurrent liabilities:12,63118,412285,0585,1765,4586,046
Total liabilities:15,68227,56430,74028,92819,48923,55616,171
Stockholders' equity
Stockholders' equity attributable to parent, including:(2,834)(20,192)(25,107)(22,636)(15,202)(13,991)2,579
Preferred stock0000   
Common stock01,81047669615516
Additional paid in capital424,949399,780397,818395,890386,332369,886347,645
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    00(690,164)
Total stockholders' equity:(2,834)(20,192)(25,107)(22,636)(15,202)(13,991)2,579
Other undisclosed liabilities and equity    3,4952,050 
TOTAL LIABILITIES AND EQUITY:12,8487,3725,6346,2927,78111,61518,750

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
Revenues608676388626421,7476,537
Revenue, net6421,7476,537
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)2,7904,072(1,615)(9,466)(4,412)(14,222)(18,051)
Other nonoperating income (expense)(169)3,0028431357583(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 parent4765252976137363
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.

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