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Ascent Solar Technologies (ASTI)

Ascent Solar Technologies (ASTI)
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ASCENT SOLAR TECHNOLOGIES, INC., is a development stage company formed to commercialize flexible photovoltaic modules using technology developed by ITN Energy Systems, Inc. Its manufacturing process deposits multiple layers of materials, including a thin film of copper indium gallium diselenide semiconductor material, on a flexible, lightweight, plastic substrate and then laser patterns the layers to create interconnected PV cells, or PV modules, in a process known as monolithic integration.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 80 40 460 1,220 610
Sales Growth +100.00% -91.30% -62.30% +100.00% +771.42%
Net Income -7,830 -9,130 -17,070 -19,750 -6,000
Net Income Growth +14.24% +46.51% +13.57% -229.17% -470.37%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 6,330 7,150 6,300 18,680 12,850
Total Assets Growth -11.47% +13.49% -66.27% +45.37% +74.36%
Total Liabilities 2,990 3,770 7,830 14,090 15,680
Total Liabilities Growth -20.69% -51.85% -44.43% -10.14% -43.11%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow -6,900 -8,420 -9,540 -10,510 -9,400
Operating Cash Flow Growth +18.05% +11.74% +9.23% -11.81% -226.39%
Net Cash Flow -380 2,120 -10,430 5,520 5,790
Change in Net Cash Flow -117.92% +120.33% -288.95% -4.66% +3,305.86%
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