Ascent Solar Technologies, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $76,773 | $41,893 | $458,260 | $1.2M | $607,783 |
| Selling, general & administrative | $4.1M | $4.5M | $5.4M | $4.7M | $3.3M |
| Research and development | $2.4M | $2.3M | $3.2M | $6.0M | $4.1M |
| Operating income | -$7.9M | -$8.5M | -$15.6M | -$17.1M | -$8.8M |
| Income tax expense | $0 | — | — | — | — |
| Net income | -$7.8M | -$9.1M | -$17.1M | -$19.8M | -$6.0M |
| Balance Sheet | |||||
| Cash and equivalents | $2.8M | $3.2M | $1.0M | $11.5M | $6.0M |
| Current assets | $3.4M | $3.7M | $1.5M | $12.4M | $6.9M |
| Total assets | $6.3M | $7.1M | $6.3M | $18.7M | $12.8M |
| Current liabilities | $2.2M | $2.3M | $5.8M | $5.0M | $3.1M |
| Total liabilities | $3.0M | $3.8M | $7.8M | $14.1M | $15.7M |
| Stockholders' equity | $3.3M | $3.4M | -$1.5M | $899,298 | -$2.8M |
| Cash Flow Statement | |||||
| Cash from operations | -$6.9M | -$8.4M | -$9.5M | -$10.5M | -$9.4M |
| Depreciation and amortization | $79,661 | $74,142 | $95,238 | $75,645 | $57,314 |
| Stock-based compensation | $1.1M | $1.0M | $2.2M | $5.5M | — |
| Capital expenditure | $32,015 | $421 | $3.9M | $169,357 | $280,317 |
| Free cash flow | -$6.9M | -$8.4M | -$13.4M | -$10.7M | -$9.7M |
| Impairments | — | — | — | — | $297,702 |
Shares outstanding 9.5M
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.