OverviewSuggest Edit

Ascent Solar Technologies designs and manufactures photovoltaic integrated consumer electronics and portable power applications for commercial and military users. The Company provides outdoor solar chargers, such as the XD-12 and the XD-48, high-voltage SuperLight thin-film CIGS PV blankets, and solar modules. Ascent Solar modules can be directly integrated into standard building materials, space applications, consumer electronics for portable power or configured as stand alone modules for large scale terrestrial deployment.

TypePublic
HQThornton, US
Websiteascentsolar.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2018)22(-69%)
Revenue (FY, 2018)$862.4 K(+35%)
Share Price (Oct 2020)$0
Cybersecurity ratingCMore

Key People/Management at Ascent Solar Technologies

Victor Lee

Victor Lee

Director
Selection Guidelines

Selection Guidelines

Director
Joseph Armstrong

Joseph Armstrong

Founding Member & CTO
Todd Dunham

Todd Dunham

Senior Director of Corporate Strategy
Carey Schroeder

Carey Schroeder

Director of Financial Planning and Reporting
Amit Kumar

Amit Kumar

Chairman
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Ascent Solar Technologies Office Locations

Ascent Solar Technologies has an office in Thornton
Thornton, US (HQ)
12300 Grant St
Show all (1)

Ascent Solar Technologies Financials and Metrics

Ascent Solar Technologies Revenue

Ascent Solar Technologies's revenue was reported to be $862.41 k in FY, 2018
USD

Revenue (Q3, 2019)

338.4k

Net income (Q3, 2019)

(1.3m)

EBIT (Q3, 2019)

(888.4k)

Market capitalization (14-Oct-2020)

2.1m

Closing stock price (14-Oct-2020)

0.0

Cash (30-Sept-2019)

24.5k

EV

3.6m
Ascent Solar Technologies's current market capitalization is $2.1 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

12.9m18.2m6.5m1.7m642.2k862.4k

Revenue growth, %

41%(64%)(73%)(63%)

Cost of goods sold

9.6m5.8m2.8m1.0m

Gross profit

(3.0m)(4.1m)(2.2m)(153.4k)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

657.6k2.2m1.3m710.2k255.3k452.7k280.6k25.1k242.1k377.5k480.5k32.0k215.4k74.4k338.4k

Cost of goods sold

1.6m2.6m2.3m2.2m1.3m1.3m1.5m295.0k535.3k273.0k503.6k91.4k

Gross profit

(923.9k)(338.0k)(1.0m)(1.5m)(1.0m)(879.5k)(1.2m)(269.9k)(293.2k)104.5k(23.1k)32.0k123.9k

Gross profit Margin, %

(140%)(15%)(83%)(205%)(398%)(194%)(432%)(1074%)(121%)28%(5%)100%58%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

11.3m12.6m3.3m3.3m326.2k130.9k89.6k18.2k

Accounts Receivable

342.1k100.2k2.8m2.0m549.2k6.7k165.2k

Prepaid Expenses

386.6k235.3k138.4k

Inventories

2.5m2.2m1.9m2.4m4.3m2.6m1.0m660.8k
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

10.0m9.9m12.6m13.4m18.6m6.9m4.0m3.9m1.6m1.3m986.9k174.8k232.3k619.3k350.3k131.9k92.6k48.0k232.9k1.1m88.1k25.9k57.8k50.9k440.6k24.5k

Accounts Receivable

646.2k430.6k348.7k127.9k101.5k169.1k135.4k95.0k774.7k1.2m1.3m1.6m2.0m2.0m24.8k31.9k55.6k61.0k22.4k

Prepaid Expenses

392.0k445.0k701.9k534.4k502.0k526.4k506.8k759.7k1.5m1.2m2.5m394.5k270.1k182.4k144.0k164.3k

Inventories

3.4m3.1m2.3m2.3m2.4m2.2m2.1m2.1m2.1m2.3m2.1m3.9m4.8m4.5m4.2m4.1m3.5m1.3m1.2m1.1m1.1m1.0m969.1k677.9k674.6k684.4k
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(105.7m)(28.8m)(30.1m)(43.4m)(45.8m)(38.9m)(18.6m)(16.0m)

Depreciation and Amortization

7.5m6.2m6.2m6.0m5.6m3.6m1.2m381.1k

Inventories

(592.3k)309.6k271.9k(539.6k)(1.8m)1.7m1.2m377.1k

Accounts Payable

(433.8k)196.5k(412.6k)1.1m2.1m1.5m(592.4k)994.4k
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(94.8m)(100.2m)(5.5m)(11.4m)(17.8m)(6.4m)(13.5m)(17.8m)(11.3m)(6.1m)(10.5m)(11.2m)(11.8m)(5.6m)(10.3m)(12.6m)(4.4m)(7.9m)(7.6m)3.2m(652.9k)(1.9m)

Depreciation and Amortization

4.8m6.1m1.4m3.1m4.7m1.5m3.1m1.4m1.4m1.4m1.4m1.4m423.0k371.7k702.0k1.0m101.7k198.2k289.3k66.4k127.0k185.2k

Inventories

(1.5m)(1.2m)148.1k160.4k101.6k(7.7k)80.9k2.1m2.1m2.3m2.1m3.9m4.8m4.5m4.2m4.1m3.5m1.3m1.0m1.1m(36.5k)37.6k68.8k(17.1k)(13.8k)(23.6k)

Accounts Payable

(417.3k)(813.4k)(92.8k)(173.4k)(186.4k)(183.4k)(514.1k)607.6k403.1k569.8k1.7m2.3m1.8m2.2m3.4m3.3m4.0m2.3m(340.2k)(1.5m)245.0k945.7k965.2k(323.7k)(298.4k)(494.9k)
USDQ2, 2011

Financial Leverage

1.3 x
Show all financial metrics

Ascent Solar Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Ascent Solar Technologies Online and Social Media Presence

Embed Graph

Ascent Solar Technologies News and Updates

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Building Integrated Photovoltaics (BIPV) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024 Posted via Industry Today. Follow us on Twitter @IndustryToday

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This report analyzes the global roll-to-roll technology for flexible device market in terms of mechanism, application, and geography. On the basis of mechanism employed, the global roll-to-roll technology for flexible device market is segmented into gravure, flatbed and rotary screen printing, flexo…

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Wiseguyreports.Com Adds “Building-Integrated Photovoltaics -Market Demand, Growth, Opportunities and Analysis of Top Key Player Forecast To 2022” To Its Research Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Ascent Solar Technologies Frequently Asked Questions

  • Who are Ascent Solar Technologies key executives?

    Ascent Solar Technologies's key executives are Victor Lee, Selection Guidelines and Joseph Armstrong.

  • How many employees does Ascent Solar Technologies have?

    Ascent Solar Technologies has 22 employees.

  • What is Ascent Solar Technologies revenue?

    Latest Ascent Solar Technologies annual revenue is $862.4 k.

  • What is Ascent Solar Technologies revenue per employee?

    Latest Ascent Solar Technologies revenue per employee is $39.2 k.

  • Who are Ascent Solar Technologies competitors?

    Competitors of Ascent Solar Technologies include Eltek Power Systems, Heliatek and Oxford PV.

  • Where is Ascent Solar Technologies headquarters?

    Ascent Solar Technologies headquarters is located at 12300 Grant St, Thornton.

  • Where are Ascent Solar Technologies offices?

    Ascent Solar Technologies has an office in Thornton.

  • How many offices does Ascent Solar Technologies have?

    Ascent Solar Technologies has 1 office.