📊 ASTI Key Takeaways
Is Ascent Solar Technologies, Inc. (ASTI) a Good Investment?
Ascent Solar Technologies is in severe financial distress with collapsing revenues (down 90.9% YoY), massive operating losses, and negative cash generation. The company is burning cash at -$5.1M annually while carrying 2.41x debt-to-equity leverage, creating an existential solvency risk within months given only $2.1M in cash reserves.
Ascent Solar Technologies shows extremely weak fundamentals, with revenue down 90.9% year over year, deeply negative operating and net margins, and ongoing cash burn that far exceeds its tiny revenue base. The balance sheet remains fragile despite positive equity, as debt is high relative to equity, interest coverage is negative, and cash of $2.09M provides limited cushion against continued operating losses and negative free cash flow.
Why Buy Ascent Solar Technologies, Inc. Stock? ASTI Key Strengths
- Adequate current ratio of 1.23x suggests near-term liquidity for immediate obligations
- Two Form 4 insider filings indicate some management activity, though in a distressed context
- Positive net income YoY improvement of 0.4% is nominal but prevents further deterioration in loss magnitude
- Current ratio of 1.23x and quick ratio of 1.03x indicate near-term liquidity is still above 1x
- Stockholders' equity remains positive at $2.65M, avoiding a fully impaired balance sheet for now
- Capital expenditure is low, which limits additional cash drain from heavy investment needs
ASTI Stock Risks: Ascent Solar Technologies, Inc. Investment Risks
- Revenue collapse of 90.9% YoY indicates complete loss of market demand or operational shutdown
- Operating margin of -9492.5% and net margin of -9424.1% reflect business model failure with minimal revenue covering massive fixed costs
- Negative free cash flow of -$5.1M combined with $2.1M cash reserves creates runway of only 5 months; long-term debt of $6.4M exceeds total assets of $5.8M
- Debt-to-equity ratio of 2.41x with negative interest coverage ratio of -12.5x indicates inability to service debt obligations
- ROE of -217.3% and ROA of -99.9% demonstrate complete destruction of shareholder capital
- Revenue base is extremely small at $61.13K and declined 90.9% year over year, raising major questions about commercial viability
- Profitability is severely negative, with operating margin of -9492.5% and net margin of -9424.1%
- Free cash flow of -$5.13M versus only $2.09M in cash suggests elevated financing and going-concern risk if losses persist
Key Metrics to Watch
- Operating cash flow trend and cash runway timeline
- Revenue stabilization or further deterioration
- Debt restructuring or refinancing announcements
- Quarterly revenue growth and evidence of sustainable customer demand
- Cash burn relative to cash balance, including operating cash flow and debt funding needs
Ascent Solar Technologies, Inc. (ASTI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Ascent Solar Technologies, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
ASTI Profit Margin, ROE & Profitability Analysis
ASTI vs Technology Sector: How Ascent Solar Technologies, Inc. Compares
How Ascent Solar Technologies, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Ascent Solar Technologies, Inc. Stock Overvalued? ASTI Valuation Analysis 2026
Based on fundamental analysis, Ascent Solar Technologies, Inc. shows some fundamental concerns relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Ascent Solar Technologies, Inc. Balance Sheet: ASTI Debt, Cash & Liquidity
ASTI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Ascent Solar Technologies, Inc.'s revenue has declined by 87% over the 5-year period, indicating business contraction. The most recent EPS of $-10.38 indicates the company is currently unprofitable.
ASTI Revenue Growth, EPS Growth & YoY Performance
ASTI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $8.6K | -$1.7M | $-0.62 |
| Q2 2025 | $17.0K | -$1.7M | $-1.17 |
| Q1 2025 | $5.6K | -$1.7M | $-1.13 |
| Q3 2024 | $8.6K | -$1.7M | $-1.37 |
| Q1 2024 | $5.6K | -$2.5M | $-0.53 |
| Q3 2023 | $6.3K | -$1.9M | $-4.04 |
| Q2 2023 | $27.7K | -$2.3M | $-0.07 |
| Q1 2023 | $124.2K | -$4.3M | $-0.17 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Ascent Solar Technologies, Inc. Dividends, Buybacks & Capital Allocation
ASTI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Ascent Solar Technologies, Inc. (CIK: 0001350102)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ASTI
What is the AI rating for ASTI?
Ascent Solar Technologies, Inc. (ASTI) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 96% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ASTI's key strengths?
Claude: Adequate current ratio of 1.23x suggests near-term liquidity for immediate obligations. Two Form 4 insider filings indicate some management activity, though in a distressed context. ChatGPT: Current ratio of 1.23x and quick ratio of 1.03x indicate near-term liquidity is still above 1x. Stockholders' equity remains positive at $2.65M, avoiding a fully impaired balance sheet for now.
What are the risks of investing in ASTI?
Claude: Revenue collapse of 90.9% YoY indicates complete loss of market demand or operational shutdown. Operating margin of -9492.5% and net margin of -9424.1% reflect business model failure with minimal revenue covering massive fixed costs. ChatGPT: Revenue base is extremely small at $61.13K and declined 90.9% year over year, raising major questions about commercial viability. Profitability is severely negative, with operating margin of -9492.5% and net margin of -9424.1%.
What is ASTI's revenue and growth?
Ascent Solar Technologies, Inc. reported revenue of $61.1K.
Does ASTI pay dividends?
Ascent Solar Technologies, Inc. does not currently pay dividends.
Where can I find ASTI SEC filings?
Official SEC filings for Ascent Solar Technologies, Inc. (CIK: 0001350102) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ASTI's EPS?
Ascent Solar Technologies, Inc. has a diluted EPS of $-2.69.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ASTI a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Ascent Solar Technologies, Inc. has a STRONG SELL rating with 96% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ASTI stock overvalued or undervalued?
Valuation metrics for ASTI: ROE of -217.3% (sector avg: 22%), net margin of -9,424.1% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy ASTI stock in 2026?
Our dual AI analysis gives Ascent Solar Technologies, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ASTI's free cash flow?
Ascent Solar Technologies, Inc.'s operating cash flow is $-5.1M, with capital expenditures of $32.0K. FCF margin is -8,389.9%.
How does ASTI compare to other Technology stocks?
Vs Technology sector averages: Net margin -9,424.1% (avg: 18%), ROE -217.3% (avg: 22%), current ratio 1.23 (avg: 2.5).
Is Ascent Solar Technologies, Inc. carrying too much debt?
ASTI has a debt-to-equity ratio of 2.41x, which is above the Technology sector average of 0.5x. However, the current ratio of 1.23 suggests adequate short-term liquidity.