Ascent Solar Technologies, Inc. income statement
In fiscal 2025, Ascent Solar Technologies, Inc. reported revenue of $76,773, up 83.3% on the year before, operating income of −$7.9m (a -10256.7% margin) and net income of −$7.8m, or −$3.09 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 2 | 4 | 1 | 1 | 5 | 7 | 2 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Research and development | 16 | 24 | 24 | 21 | — | — | 7 | 7 | 5 | 3 | 1 | 1 | 4 | 6 | 3 | 2 | 2 | 3 |
| Selling, general and administrative | 8 | 7 | 7 | 5 | 7 | 14 | 12 | 10 | 6 | 3 | 2 | 1 | 3 | 5 | 5 | 5 | 4 | 5 |
| Operating income | — | — | — | — | — | — | −28 | −25 | −14 | −7 | −3 | −2 | −9 | −17 | −16 | −9 | −8 | −8 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | 2 | 0 | 0 | — | — | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | — |
| Net income | −21 | −31 | −106 | −29 | −30 | −43 | −46 | −39 | −19 | −16 | −5 | 2 | −6 | −20 | −17 | −9 | −8 | −8 |
| Diluted EPS | −$155.00 | −$190.00 | −$0.03 | −$0.01 | −$137.71 | −$202.08 | −$179.17 | −$0.00 | −$656.25 | −$575.00 | −$2.50 | $266.67 | −$1283.33 | −$4400.00 | −$1139.67 | −$3.46 | −$3.09 | — |
| Diluted shares (average) | — | — | — | — | — | — | — | — | — | — | 2m | — | — | — | — | 3m | 3m | — |
| EBITDA | — | — | — | — | — | — | −22 | −21 | −13 | −6 | −3 | −2 | −9 | −17 | −16 | −8 | −8 | −8 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 0 | 16 | 17 | 29 | 16 | 52 | 95 |
| Research and development | 604 | 584 | 559 | 623 | 621 | 648 | 694 | 697 |
| Selling, general and administrative | 1,217 | 618 | 951 | 1,033 | 1,003 | 1,104 | 1,440 | 1,072 |
| Operating income | −2,261 | −1,445 | −1,746 | −2,089 | −1,968 | −2,071 | −2,262 | −1,946 |
| Interest expense | 0 | — | — | — | — | — | — | — |
| Net income | −1,691 | −1,456 | −1,674 | −2,065 | −2,022 | −2,071 | −2,177 | −1,827 |
| Diluted EPS | −$1.37 | $0.08 | −$1.13 | −$1.17 | −$0.62 | −$0.40 | −$0.27 | −$0.19 |
| EBITDA | −2,243 | −1,428 | −1,730 | −2,072 | −1,944 | −2,050 | −2,241 | −1,925 |
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