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ASTS (AST SpaceMobile) Construction In Progress : $129.31 Mil (As of Dec. 2024)


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What is AST SpaceMobile Construction In Progress?

AST SpaceMobile's quarterly construction in progress increased from Jun. 2024 ($169.03 Mil) to Sep. 2024 ($191.89 Mil) but then declined from Sep. 2024 ($191.89 Mil) to Dec. 2024 ($129.31 Mil).

AST SpaceMobile's annual construction in progress increased from Dec. 2022 ($109.49 Mil) to Dec. 2023 ($130.68 Mil) but then declined from Dec. 2023 ($130.68 Mil) to Dec. 2024 ($129.31 Mil).

AST SpaceMobile Construction In Progress Historical Data

The historical data trend for AST SpaceMobile's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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AST SpaceMobile Construction In Progress Chart

AST SpaceMobile Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
27.01 74.32 109.49 130.68 129.31

AST SpaceMobile Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.68 145.61 169.03 191.89 129.31

AST SpaceMobile Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

AST SpaceMobile Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AST SpaceMobile Inc (NAS:ASTS) » Definitions » Construction In Progress
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Traded in Other Exchanges
ASTS:Mexico 3ZU0:Germany
Address
2901 Enterprise Lane, Midland Intl. Air & Space Port, Midland, TX, USA, 79706
Website
https://www.ast-science.com
AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
Executives
Shanti B. Gupta officer: Chief Accounting Officer AST SCIENCE MIDLAND INTL AIR&SPACE PORT, 2901 ENTERPRISE LANE, MIDLAND TX 79706
Julio A. Torres director CARRERA 10 NO. 28-49, TORRE A. OFICINA 20-05, BOGOTA F8 XXXXX
Ronald L Rubin director 601 CLEARWATER PARK RD, WEST PALM BEACH FL 33401
Adriana Cisneros director 700 NW 1ST AVENUE, SUITE 1700, MIAMI FL 33136
Sean R. Wallace officer: Chief Financial Officer C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Atc Trs Ii Llc other: Member of 10% owner group 116 HUNTINGTON AVENUE, BOSTON MA 02116
American Tower Corp /ma/ other: Member of 10% owner group 116 HUNTINGTON AVE, BOSTON MA 02116
Invesat Llc 10 percent owner 700 NW 1ST AVENUE, SUITE 1700, MIAMI FL 33136
Richard Sarnoff director C/O AUDIBLE INC, 65 WILLOWBROOK BLVD, WAYNE NJ 07470
Vodafone Ventures Ltd 10 percent owner VODAFONE HOUSE, THE CONNECTION, NEWBURY X0 RG14 2FN
Brian Heller officer: EVP, GC & Secretary C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Tareq Amin director C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Luke Ibbetson director C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Gustavo A Cisneros 10 percent owner FINSER CORP, 550 BILTMORE WAY, CORAL GABLES FL 33134
Vodafone Group Public Ltd Co 10 percent owner VODAFONE HOUSE, THE CONNECTION, NEWBURY, BERKSHIRE X0 RG14 2FN