Sunday, January 08, 2023 7:43:47 PM
Jan. 08, 2023 4:00 AM ET
https://seekingalpha.com/article/4568526-ascent-solar-technologies-are-burning-cash-and-far-from-profitable?mailingid=30185736&messageid=2800&serial=30185736.484&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=30185736.484
Conclusion
Ascent Solar Technologies is a company producing a one of a kind technology of ultra thin and flexible PV film. They have managed to secure some government contracts and have a pretty niche sector to generate revenues from.
With a balance sheet in shambles and a revenue report that leaves question marks it doesn't seem ASTI are right now where they could be, with 50% less cash compared to last year because of a departing CEO and investments in current assets. Another part keeping me away is the large increase in outstanding shares. It's a new company in need of raising capital, so it should be expected. But there are limits.
The share dilution of ASTI
.3 1.4 3.9 22.5
I think that investing right now into ASTI is very dangerous as the dilution is incredibly high and the company is not even profitable yet. This makes the valuation very high and creates a large downside risk. I would sell any shares I had if I were invested at these times. Until the company manages to be profitable I think there is too much risk here and therefore will stay away.
Recent ASTI News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:27:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:15:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:15:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:15:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:15:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:15:26 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 08/21/2024 08:30:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 08:45:08 PM
- Ascent Solar Technologies Details Financial and Industry Status After Reverse Stock Split • GlobeNewswire Inc. • 08/13/2024 08:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 08:30:07 PM
- Ascent Solar Technologies Announces Reverse Stock Split • GlobeNewswire Inc. • 08/13/2024 03:45:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 08:33:03 PM
- Ascent Solar Technologies CEO to Attend and Present at Key Industry and Investor Events • GlobeNewswire Inc. • 07/25/2024 08:45:00 PM
- Ascent Solar Technologies Announces Debt Pay Off for Outstanding Balances • GlobeNewswire Inc. • 06/21/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:30:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 09:53:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 11:52:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 11:51:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 11:49:56 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 06/06/2024 08:35:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 12:05:09 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/30/2024 12:00:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 09:27:23 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/23/2024 09:26:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 08:45:14 PM
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