Ascent Solar Technologies (FRA:A8M0) Construction In Progress : €0.03 Mil (As of Mar. 2024)

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What is Ascent Solar Technologies Construction In Progress?

Ascent Solar Technologies's quarterly construction in progress declined from Sep. 2023 (€0.03 Mil) to Dec. 2023 (€0.03 Mil) but then stayed the same from Dec. 2023 (€0.03 Mil) to Mar. 2024 (€0.03 Mil).

Ascent Solar Technologies's annual construction in progress increased from Dec. 2021 (€0.08 Mil) to Dec. 2022 (€0.26 Mil) but then declined from Dec. 2022 (€0.26 Mil) to Dec. 2023 (€0.03 Mil).

Ascent Solar Technologies Construction In Progress Historical Data

The historical data trend for Ascent Solar Technologies'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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Ascent Solar Technologies Construction In Progress Chart

Ascent Solar Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.08

0.26

0.03

Ascent Solar Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															0.27	0.22	0.03	0.03	0.03

Ascent Solar Technologies 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.

Ascent Solar Technologies (FRA:A8M0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ascent Solar Technologies Inc (FRA:A8M0) » Definitions » Construction In Progress

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ASTI:USA

Address

12300 Grant Street, Thornton, CO, USA, 80241

Website

http://www.ascentsolar.com

Ascent Solar Technologies Inc is engaged in the manufacturing and selling of photovoltaic products (PV) solar modules that are flexible, durable, and possess attractive power-to-weight and power-to-area performance. The company is integrating its PV products into scalable and high-value markets such as agrivoltaics, aerospace, satellites, near-earth orbiting vehicles, and fixed-wing unmanned aerial vehicles (UAV). Ascent is also working to expand its portable solar chargers, such as the XD-12. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies.

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