Ascent Solar Technologies, Inc.

For the period ended Dec 31, 2024. Filed Mar 31, 2025.

About 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

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Contents

Statements of Operations

STATEM ENTS OF OPERATIONS AND COMPREHENSIVE INCOME

	For the Years Ended
	December 31,
	2024	2023
Revenues
Products	$41,893	$397,886
Milestone and engineering	-	60,374
Total Revenues	41,893	458,260
Costs and Expenses
Costs of revenue	148,376	1,892,341
Research, development and manufacturing operations	2,300,948	3,222,283
Selling, general and administrative	4,506,337	5,364,523
Share-based compensation	1,024,758	2,243,445
Depreciation and amortization	74,142	95,238
Impairment loss	524,481	3,283,715
Total Costs and Expenses	8,579,042	16,101,545
Loss from Operations	(8,537,149)	(15,643,285)
Other Income/(Expense)
Other income/(expense), net	818,721	747,739
Warrant settlement (Note 16)	(743,462)	-
Interest expense	(665,718)	(2,174,118)
Total Other Income/(Expense)	(590,459)	(1,426,379)
Income/(Loss) on Equity Method Investment	(2,666)	(232)
Net Income/(Loss)	$(9,130,274)	$(17,069,896)
Less: Series 1C preferred stock dividends	(33,301)	-
Less: Down round deemed dividend	-	(17,980,678)
Net Income Available to Common Shareholders	$(9,163,575)	$(35,050,574)
Net Income/(Loss) Per Share (Basic and Diluted)	$(10.38)	(3,419.00)
Weighted Average Common Shares Outstanding (Basic and Diluted)	882,547	10,251
Other Comprehensive Income/(Loss)
Foreign currency translation gain/(loss)	(4,014)	24,960
Net Comprehensive Income/(Loss)	$(9,134,288)	$(17,044,936)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.