FORM 10-Q ASTI STOCK EARNING
Ascent Solar Technologies, Inc.
In addition to the other information set forth in this report, you should carefully consider the factors discussed in the updated risk factors in our Annual Report on Form 10-K filed on March 11, 2016, which could materially affect our business, financial condition or future results. The risks described in our Annual Report on Form 10-K filed on March 11, 2016 are not the only risks facing our company. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition or future results.
For the three months ended March 31, 2016 , our cash used in operations was $5.9 million compared to $5.4 million for the three months ended March 31, 2015 , a increase of $0.5 million . The increase is primarily due to a lower amount of cash collected from Accounts Receivable as of March 31, 2016 as compared to the three months ended March 31, 2015. For the three months ended March 31, 2016 , our cash used in investing activities was $0.1 million as compared to $0.2 million at March 31, 2015 . During the three months ended March 31, 2016 , negative operating cash flows of $5.9 million were funded through $5.0 million of funding received from issuances of preferred stock, $1.1 million of funding received from the CEL and the use of cash and cash equivalents held at December 31, 2015.
As of January 27, 2016, we were not able to access the CEL because we do not have any registered shares available for use in connection with the CEL purchase agreement. We are in the process of registering an additional 48,000,000 shares for
