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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Ascent Solar Technologies, Inc. (ASTI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  1.20.60.10.60.90.61.76.5
            Revenue growth  101.2%812.4%-89.6%-26.0%34.3%-63.2%-73.3%22.5%
Cost of goods sold  7.51.90.20.51.02.85.89.6
Gross profit  -6.3-1.3-0.10.1-0.2-2.2-4.1-3.0
            Gross margin  -512.6%-213.0%-162.1%23.1%-17.8%-338.3%-234.4%-46.3%
Selling, general and administrative  4.73.31.01.83.25.610.312.4
Research and development  6.04.11.21.32.84.86.66.7
Equity in earnings  0.0       
Other operating expenses       0.4  
EBITDA   [+]-17.0-8.7-2.3-3.0-6.2-13.0-21.0-22.1
            EBITDA margin  -1390.9%-1436.9%-3457.1%-471.5%-717.6%-2016.7%-1203.4%-338.1%
Depreciation and amortization  0.10.10.20.20.41.23.65.6
EBIT   [+]-17.1-8.8-2.5-3.3-6.6-14.1-24.6-27.7
            EBIT margin  -1397.0%-1446.3%-3684.8%-509.6%-761.8%-2203.1%-1409.5%-424.3%
Non-recurring items   [+]       0.0
Other income (expense), net   [+]-2.72.84.1-1.6-9.5-4.4-14.2-18.1
Pre-tax income  -19.8-6.01.6-4.9-16.0-18.6-38.9-45.8
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -19.8-6.01.6-4.9-16.0-18.6-38.9-45.8
            Net margin  -1615.5%-987.2%2428.1%-762.6%-1859.5%-2890.2%-2223.4%-700.6%
   
Basic EPS   [+]($0.66)($1.54)$1.15$0.00($0.69)($3.15)($0.42)($0.86)
Diluted EPS   [+]($0.66)($1.54)$0.43$0.00($0.69)($3.15)($0.42)($0.86)
   
   
Shares outstanding (basic)   [+]29.83.91.41,537.623.25.993.053.5
Shares outstanding (diluted)   [+]29.83.93.71,537.623.25.993.053.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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