Ascent Solar Technologies, Inc. (ASTI)

From the record

Ascent Solar Technologies, Inc.'s filings since 2017 show 22 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 9 times, the latest 2024-08-19); an auditor change (8-K item 4.01, 2 times, the latest 2017-12-20); a late-report notice (Form NT 10-K or NT 10-Q, 11 times, the latest 2021-05-17) (its current reports).

From the record

Ascent Solar Technologies, Inc.'s 9 filed years say what it did: revenue went from $642 thousand in fiscal 2017 to $77 thousand in fiscal 2025, down 23.3% a year; it rose in 4 of 8 years; the deepest fall was 97% from fiscal 2022 to fiscal 2024; net income was positive in 1 of 9 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Ascent Solar Technologies, Inc. lost about 235 cents for every dollar of shareholders' money. Leverage: it owed about 47 cents per dollar of assets, and net share issuance: its share count grew 189.6% over the year (the filed statements).

From the record

Ascent Solar Technologies, Inc.'s standing among 97 graded names in its industry family: revenue of $77 thousand in fiscal 2025 ranks in the bottom 3% by size; a net margin of -10202.5% ranks in the bottom 3%; revenue growth of -60.2% a year over the last 3 filed years ranks in the bottom 2% (its annual reports).

From the record

Ascent Solar Technologies, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Warley, Paul P. (Chief Executive Officer, as filed), filing under that title since 2023-10-02, 3.1 years (bottom 42% of its family); most of the 7 officers and directors filing now have filed since the record of its people begins (2022-09-21), a floor of 3.9 years the record cannot see past, so that part is not read; 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 31%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Ascent Solar Technologies, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3 million against no long-term debt tagged leaves 44% of its assets as net cash, top 13% of its family; cash from operations less capital spending is -9034.4% of revenue (bottom 3%); research spending of 3182.4% of revenue (top 3%) (its annual report).

From the record

Ascent Solar Technologies, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -60.2% a year over the last three filed years against -23.3% over all 9, slowing (bottom 6% of its family); the newest year grew 83.3% (top 10%); research spending grew -25.8% a year (bottom 5%); capital spending grew -42.6% a year (bottom 5%) (its annual reports). Ascent Solar Technologies, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Ascent Solar Technologies, Inc.'s newest year against its own record: revenue of $77 thousand in fiscal 2025 came in 888.9% above the $8 thousand its prior three years' pace pointed to (top 2% of its family); net income of $8 million against a prior three-year average of $15 million (top 29%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 3%) (its annual reports).