---
title: "Ascent Solar Tech | 10-Q: FY2026 Q1 Revenue: USD 51.94 K"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285772957.md"
datetime: "2026-05-08T20:32:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285772957.md)
  - [en](https://longbridge.com/en/news/285772957.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285772957.md)
---

# Ascent Solar Tech | 10-Q: FY2026 Q1 Revenue: USD 51.94 K

Revenue: As of FY2026 Q1, the actual value is USD 51.94 K.

EPS: As of FY2026 Q1, the actual value is USD -0.27.

Ascent Solar Technologies, Inc. operates in one reportable segment, Photovoltaics (PV), which manufactures and sells PV solar modules and engineering services, primarily in North America . The company’s strategy focuses on high-value production and specialty solar markets including space power beaming, aerospace, satellites, and unmanned aerial vehicles due to specialized needs for power generation and attractive pricing .

#### Segment Revenue

-   **Total Revenues**: Increased by $36,320, or 232%, to $51,944 for the three months ended March 31, 2026, compared to $15,624 for the same period in 2025 . This increase was primarily due to more orders and engineering revenue .
    -   **Product Revenue**: $28,944 for the three months ended March 31, 2026, up from $15,624 in the prior year .
    -   **Milestone and Engineering Revenue**: $23,000 for the three months ended March 31, 2026, compared to $0 in the prior year .

#### Operational Metrics

-   **Cost of Revenue**: Increased by $46,622, or 193%, to $70,737 for the three months ended March 31, 2026, from $24,115 in 2025, primarily due to the increase in revenue .
-   **Research, Development and Manufacturing Operations Costs**: Increased by $135,477, or 24%, to $694,221 for the three months ended March 31, 2026, from $558,744 in 2025, as the company continued to focus on product and technology improvements .
-   **Selling, General and Administrative Expenses**: Increased by $489,703, or 52%, to $1,440,474 for the three months ended March 31, 2026, from $950,771 in 2025, mainly due to increased personnel and professional service costs .
-   **Share-based Compensation**: Decreased by $124,027, or 59%, to $87,486 for the three months ended March 31, 2026, from $211,513 in 2025, primarily due to the full vesting of remaining Restricted Stock Units (RSUs) on January 1, 2026, partially offset by option grants in June 2025 .
-   **Depreciation and Amortization**: $21,477 for the three months ended March 31, 2026, compared to $16,911 for the same period in 2025 .
-   **Loss from Operations**: Increased to - $2,262,451 for the three months ended March 31, 2026, from - $1,746,430 in 2025 .
-   **Net Loss**: Increased by $502,866, or 30%, to - $2,177,162 for the three months ended March 31, 2026, from - $1,674,296 in 2025 . As of March 31, 2026, the accumulated deficit was - $501,618,627 .

#### Cash Flow

-   **Net Cash Used in Operating Activities**: - $2,020,240 for the three months ended March 31, 2026, an increase of $470,210 compared to - $1,550,030 for the same period in 2025 . This increase was primarily due to higher personnel and professional costs .
-   **Net Cash Used in Investing Activities**: - $200,000 for the three months ended March 31, 2026, compared to - $483 in 2025, primarily due to an additional investment in a cost investment .
-   **Net Cash Provided by Financing Activities**: $15,506,141 for the three months ended March 31, 2026, an increase of $14,870,556 compared to $635,585 in 2025 . This was mainly from the sale of common stock under a PIPE agreement and the exercise of warrants .

#### Future Outlook and Strategy

Ascent Solar Technologies, Inc. plans to continue developing its PV technology to enhance module efficiency, improve manufacturing capabilities, and reduce costs . The company aims to accelerate sales and marketing efforts for its specialty PV applications by expanding sales and distribution channels . Management believes additional financing will be necessary to achieve sufficient sales for profitability and address recurring operating losses, which raise substantial doubt about the company’s ability to continue as a going concern .

### Related Stocks

- [ASTI.US](https://longbridge.com/en/quote/ASTI.US.md)

## Related News & Research

- [Baxter Q2 2026 Earnings Preview](https://longbridge.com/en/news/294224876.md)
- [What to Expect From Ulta Beauty’s Q2 2026 Earnings Report](https://longbridge.com/en/news/293941254.md)
- [Vale updates financial events calendar for 2026](https://longbridge.com/en/news/294418484.md)
- [Equatorial Energia updates financial calendar for 2026 disclosures](https://longbridge.com/en/news/294368263.md)
- [Ciena's Q3 2026 Earnings: What to Expect](https://longbridge.com/en/news/293952665.md)