Axt Inc financial data

Symbol
AXTI on Nasdaq
Industry
Semiconductors & Related Devices
Location
4281 Technology Dr., Fremont, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
AMERICAN XTAL TECHNOLOGY (to 6/8/2000)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 218 % -10%
Quick Ratio 112 % -10.5%
Debt-to-equity 43.3 % +21.8%
Return On Equity -4.51 % +17.1%
Return On Assets -2.88 % +20.7%
Operating Margin -12.9 % +44.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 44.8M shares +2.54%
Common Stock, Shares, Outstanding 44.7M shares +2.37%
Entity Public Float 117M USD -39.8%
Common Stock, Value, Issued 45K USD +2.27%
Weighted Average Number of Shares Outstanding, Basic 43.2M shares +1.22%
Weighted Average Number of Shares Outstanding, Diluted 43.2M shares +1.22%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 94.7M USD +15.2%
Revenue from Contract with Customer, Excluding Assessed Tax 94.7M USD +15.2%
Cost of Revenue 70.6M USD +8.87%
Research and Development Expense 13.2M USD +2.38%
Operating Income (Loss) -12.2M USD +35.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.62M USD +38.6%
Income Tax Expense (Benefit) 1.27M USD
Net Income (Loss) Attributable to Parent -10.2M USD +21.4%
Earnings Per Share, Basic -0.25 USD/shares +19.4%
Earnings Per Share, Diluted -0.25 USD/shares +19.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 24.9M USD -12.7%
Accounts Receivable, after Allowance for Credit Loss, Current 28M USD +48.1%
Inventory, Net 86.1M USD -0.32%
Assets, Current 168M USD +4.71%
Deferred Income Tax Assets, Net 1.68M USD -24.7%
Property, Plant and Equipment, Net 166M USD +4.84%
Operating Lease, Right-of-Use Asset 2.45M USD -14.8%
Other Assets, Noncurrent 18.8M USD -7.02%
Assets 356M USD +3.91%
Accounts Payable, Current 12.8M USD +101%
Employee-related Liabilities, Current 1.14M USD -64%
Accrued Liabilities, Current 11.9M USD -23.1%
Contract with Customer, Liability, Current 367K USD -34.8%
Liabilities, Current 78.8M USD +16.4%
Operating Lease, Liability, Noncurrent 1.99M USD -18.2%
Other Liabilities, Noncurrent 8.6M USD +115%
Liabilities 89.4M USD +20.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.04M USD +41.3%
Retained Earnings (Accumulated Deficit) -38.6M USD -35.7%
Stockholders' Equity Attributable to Parent 201M USD -1.71%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 225M USD -1.08%
Liabilities and Equity 356M USD +3.91%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.81M USD -474%
Net Cash Provided by (Used in) Financing Activities 2M USD -65.4%
Net Cash Provided by (Used in) Investing Activities -3.91M USD -449%
Common Stock, Shares Authorized 70M shares 0%
Common Stock, Shares, Issued 44.7M shares +2.37%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -10.5M USD -397%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 38.8M USD -1.3%
Deferred Tax Assets, Valuation Allowance 17.5M USD +46.9%
Deferred Tax Assets, Gross 19.2M USD +38.5%
Operating Lease, Liability 2.48M USD -13.9%
Payments to Acquire Property, Plant, and Equipment 4.39M USD +21.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -6.62M USD +58.8%
Lessee, Operating Lease, Liability, to be Paid 2.79M USD -16%
Operating Lease, Liability, Current 488K USD +10.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 621K USD +4.02%
Lessee, Operating Lease, Liability, to be Paid, Year One 607K USD +3.94%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 40K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 304K USD -30.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 635K USD +3.93%
Deferred Tax Assets, Operating Loss Carryforwards 14.4M USD +50.1%
Preferred Stock, Shares Issued 883K shares 0%
Preferred Stock, Shares Authorized 2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 617K USD -1.28%
Operating Lease, Payments 146K USD -0.68%
Preferred Stock, Shares Outstanding 883K shares 0%
Depreciation, Depletion and Amortization 2.19M USD +3.49%
Deferred Tax Assets, Net of Valuation Allowance 1.78M USD -11.2%
Share-based Payment Arrangement, Expense 4.35M USD +5.66%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%