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Companies / Information Technology / Ascent Solar Technologies, Inc.
ASTI

Ascent Solar Technologies, Inc.

Ticker ASTITHORNTON, COFiscal year ends DecemberBook value per share $1.48Diluted shares 9.1M

Ascent Solar Technologies, Inc. (Nasdaq: ASTI) develops, manufactures and sells flexible, lightweight copper-indium-gallium-diselenide (CIGS) photovoltaic modules for specialized solar applications where rigid panels are unsuitable. Its products serve space and satellite, aerospace, near-space, unmanned aircraft,… From the company’s description.

Over the twelve months to Sep 30, 2026, Ascent Solar Technologies, Inc. reported revenue of $0.34M, up 455.7% from a year earlier, and a net loss of $8.99M. Operations used $7.16M in cash. In fiscal 2025, it reported revenue of $0.08M, up 83.3% from fiscal 2024, and a net loss of $7.83M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$0.08MFY2025
+83.3% year over year
Last 12 mo $0.34M
-10256.71%FY2025
+10121.8 percentage points
Last 12 mo -2752.80%
$-7.83MFY2025
+14.2% year over year
Last 12 mo $-8.99M
-234.66%FY2025
+35.5 percentage points
Last 12 mo -66.57%
Cash & financing
$-6.90MFY2025
+18.0% year over year
Last 12 mo $-7.16M
$-6.94MFY2025
+17.7% year over year
Last 12 mo $-7.16M
—
Was 0.01× a year earlier
2.6MFY2025
+189.6% year over year
Last 12 mo 9.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ascent Solar Technologies, Inc. does

In the company’s own words

Ascent Solar Technologies, Inc. (Nasdaq: ASTI) develops, manufactures and sells flexible, lightweight copper-indium-gallium-diselenide (CIGS) photovoltaic modules for specialized solar applications where rigid panels are unsuitable. Its products serve space and satellite, aerospace, near-space, unmanned aircraft, defense, aquatic, terrestrial and other weight-sensitive markets; the company also works with partners to integrate modules into products such as spacecraft, airships and UAVs. Manufacturing uses a roll-to-roll process and proprietary monolithic integration to produce modules on flexible plastic substrates, with customized shapes and sizes. Ascent operates as one business, focused on specialty photovoltaic products, and reported 14 full-time and four part-time employees as of December 31, 2025. The company was formed in 2005 through the separation of ITN’s Advanced Photovoltaic Division, with the associated CIGS technologies and personnel transferred to Ascent; ITN had developed the technology beginning in 1994. Its website is www.AscentSolar.com.

Company details
Sector
Information Technology
Industry (SIC)
Semiconductors
Headquarters
THORNTON, CO
Fiscal year end
December
CIK
1350102
SIC
3674

Financial performance, year by year

Fiscal 2011–2025 · USD
$-116.97M$-83.29M$-49.60M$-15.92M$17.77M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ascent Solar Technologies, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

11
funds hold it
0 of 35
superinvestors hold it
$2.57M
held by funds, at market
4.9%
of shares held by funds

Largest fund holders · Ascent Solar Technologies, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Ascent Solar Technologies, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Ascent Solar Technologies, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Ascent Solar Technologies, Inc.'s last four quarterly filings that the numbers alone won't show?”
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