Ascent Solar Technologies, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 31, 2025
ASTI$1.53+5.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $3,170,743 | $1,048,733 |
| Trade receivables, net of allowance of $0 and $0, respectively | - | - |
| Inventories | 453,103 | 447,496 |
| Prepaid and other current assets | 89,472 | 39,279 |
| Total current assets | 3,713,318 | 1,535,508 |
| Property, Plant and Equipment: | 19,679,918 | 21,177,892 |
| Accumulated depreciation | (19,446,262) | (20,131,008) |
| Property, Plant and Equipment, net | 233,656 | 1,046,884 |
| Other Assets: | ||
| Operating lease right-of-use assets, net | 1,880,372 | 2,364,672 |
| Patents, net of accumulated amortization of $137,114 and $173.387, respectively | 28,494 | 53,978 |
| Equity method investment | 62,187 | 68,867 |
| Other non-current assets | 1,228,399 | 1,228,797 |
| 3,199,452 | 3,716,314 | |
| Total Assets | $7,146,426 | $6,298,706 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current Liabilities: | ||
| Accounts payable | $449,437 | $579,237 |
| Related party payables | 5,769 | 4,231 |
| Accrued expenses | 246,159 | 1,354,159 |
| Accrued payroll | 192,856 | 160,477 |
| Accrued professional services fees | 222,704 | 849,282 |
| Accrued interest | 565,773 | 628,145 |
| Current portion of operating lease liability | 578,153 | 491,440 |
| Conversions payable (Note 11) | - | 1,089,160 |
| Current portion of convertible notes, net | - | 354,936 |
| Bridge loan | 19,555 | - |
| Other payable | - | 250,000 |
| Total current liabilities | 2,280,406 | 5,761,067 |
| Long-Term Liabilities: | ||
| Non-current operating lease liabilities | 1,464,872 | 2,043,025 |
| Accrued warranty liability | 21,225 | 21,225 |
| Total liabilities | 3,766,503 | 7,825,317 |
| Commitments and contingencies (Note 19) | ||
| Stockholders’ Equity (Deficit): | ||
| Series A preferred stock, $.0001 par value; 750,000 shares authorized; 48,100 and 48,100 shares issued and outstanding, respectively ($947,971 and $899,069 Liquidation Preference, respectively) | 5 | 5 |
| Common stock, $0.0001 par value, 500,000,000 authorized; 1,454,896 and 238,996 shares issued and outstanding, respectively | 145 | 24 |
| Additional paid in capital | 494,983,561 | 480,942,860 |
| Accumulated deficit | (491,608,710) | (482,478,436) |
| Accumulated other comprehensive loss | 4,922 | 8,936 |
| Total stockholders’ equity (deficit) | 3,379,923 | (1,526,611) |
| Total Liabilities and Stockholders’ Equity (Deficit) | $7,146,426 | $6,298,706 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.