Home / Going-concern warnings / Ascent Solar Technologies, Inc.
Filed 2026-03-20 路 Form 10-K 路 Accession 0001193125-26-117839 nano
Price before filing: $5.08 (2026-03-19 close, split/dividend-adjusted)
Market cap at flag: $35.4M (2026-03-20) 路 Latest: $17.7M (2026-10-16)
| Window | ASTI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -3.0% | +7.7% | -10.7% | 2026-04-20 |
| 90 days | +22.4% | +13.8% | +8.7% | 2026-06-18 |
| 180 days | -45.3% | +14.9% | -60.2% | 2026-09-16 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $200K (2 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-12-23 | Forrest Reynolds T. Director | Sale | 38,827 | $5.08 | $197K | no | Form 4 |
| 2025-12-30 | Forrest Reynolds T. Director | Sale | 521 | $4.62 | $2K | no | Form 4 |
| 2026-03-20: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-20 to 2026-04-19. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"These factors raise substantial doubt about its ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Going-concern opinion issued by: Haynie
Source: independent auditor report in Form 10-K (period 2025-12-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
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Not investment advice. Automated summary; verify against the filing.
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