A company still losing money with growing sales, with elevated risk. Institutions are adding.
Going well
Sales up 83% last year
No debt reported
Watch out for
About 5 months of cash left at its current burn
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Institutions added 191% to their holdings in the quarter ending June 2026 (28 bought, 9 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.61-6.4% that day
Company value
$16M
Share price times all shares
Price vs sales
82.6x
No profit over the last year, so this compares value with sales instead
Cash vs value
92%
A big cushion: cash is a large part of what the company is worth
From ASTI's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$95K+461% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $191K. Over 5 years, sales grew about 2.9% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of ASTI. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$0M
Profit in 5 years$0M
Price these guesses point to$0.03-98% vs $1.61 todayAbout -54% a year, before dividends
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/4Weak
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.1 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$6.9M
Revenue
$77K
+83.3% vs prior year
5-year growth
+2.9%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
1.53x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 12, 2022
Revenue
$95K
+461.3% YoY
EPS
-$0.19
vs -$1.17
Op. margin
-2043.5%
+10273.3 pts
Free cash flow
-$1.8M
Share count
+431.9%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+191.2%
Institutions added 191.2% to their holdings. 28 bought, 9 sold. 5 quarters of net buying in a row.
Shares held by institutions2.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+41.8%
Cash runwayAt last year's cash burn
25 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
10M
Why elevated risk
Losing money, losses are large next to sales
Share count growing 41.8% a year (dilution)
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 12, 2022
Results filedAug 8, 2022
Results filedMay 13, 2016
Results filedMar 15, 2016
Results filedAug 14, 2015
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days