Ascent Solar Technologies Inc (ASTI)

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ASC 815 also provides guidance on how reporting entities determine whether an instrument is (1) indexed to the reporting entity’s own stock and (2) considered to be settled in the reporting entity’s own stock. Such a determination will dictate whether an instrument should be accounted for as debt or equity and the appropriate accounting for the instrument. Finally, ASC 815 addresses the accounting for non-exchange-traded weather derivatives. The Codification also provides certain industry-specific derivatives and hedging guidance, but such guidance is included in the industry sections of the Codification.