Ascent Solar Technologies, Inc. (NASDAQ:ASTI)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Loses money on what it sells.
- Revenue
- $191K
- Net income
- -$8.1M
- Net margin
- -4231.7%
Little or no net debt.
- Total debt
- $1.1M
- Cash
- $14.5M
- Debt / equity
- 0.07
Comfortably covers what is due within a year.
- Current assets
- $15.3M
- Current liabilities
- $2.4M
- Current ratio
- 6.31
Consumes cash and must keep raising it.
- Operating cash flow
- -$7.4M
- Free cash flow
- -$7.4M
- FCF margin
- -3871.7%
Heavy dilution — shareholders are paying for the business.
- Shares outstanding
- 9.6M
- Share growth (1y)
- 431.9%
- Cash runway
- 24 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
ASTI Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 95.20 K | 51.94 K | 15.64 K | 28.55 K | 16.96 K | 15.62 K |
| Revenue Growth (YoY) | 461.31 % | 232.46 % | — | 233.91 % | -38.86 % | 179.00 % |
| Cost of Revenue | 160.79 K | 70.74 K | 682.22 K | 88.99 K | 28.61 K | 24.11 K |
| Gross Profit | -65.59 K | -18.79 K | -666.58 K | -60.44 K | -11.65 K | -8.49 K |
| SG&A Expense | 1.07 M | 1.53 M | 1.36 M | 1.26 M | 1.44 M | 1.16 M |
| R&D Expense | 0.00 | 694.22 K | 640.96 K | 620.57 K | 622.92 K | 558.74 K |
| Operating Expenses | 1.88 M | 2.24 M | 1.40 M | 1.91 M | 2.08 M | 1.74 M |
| Operating Income | -1.95 M | -2.26 M | -2.07 M | -1.97 M | -2.09 M | -1.75 M |
| Pretax Income | -1.83 M | -2.18 M | -2.07 M | -2.02 M | -2.07 M | -1.67 M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -1.83 M | -2.18 M | -2.07 M | -2.02 M | -2.07 M | -1.67 M |
| EPS (Basic) | -0.19 | -0.27 | -0.44 | -0.62 | -1.17 | -1.13 |
| EPS (Diluted) | -0.19 | -0.27 | -0.44 | -0.62 | -1.17 | -1.13 |
| Shares Outstanding | 9.59 M | 7.97 M | 2.56 M | 3.16 M | 1.80 M | 1.49 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.