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-K - Q4 2024 - Mar 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 219 % -5.77%
Quick Ratio 114 % -5.84%
Debt-to-equity 43.3 % +15.7%
Return On Equity -5.23 % +31.9%
Return On Assets -3.34 % +34%
Operating Margin -14.9 % +47.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.6M shares +3.05%
Common Stock, Shares, Outstanding 45.4M shares +2.53%
Entity Public Float 120M USD +2%
Common Stock, Value, Issued 45K USD +2.27%
Weighted Average Number of Shares Outstanding, Basic 43.2M shares +1.2%
Weighted Average Number of Shares Outstanding, Diluted 43.2M shares +1.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 99.4M USD +31.1%
Revenue from Contract with Customer, Excluding Assessed Tax 94.7M USD +15.2%
Cost of Revenue 75.5M USD +20.9%
Research and Development Expense 14.5M USD +20.4%
Operating Income (Loss) -14.8M USD +31.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10.7M USD +44%
Income Tax Expense (Benefit) 1.13M USD +609%
Net Income (Loss) Attributable to Parent -11.6M USD +35%
Earnings Per Share, Basic -0.27 USD/shares +37.2%
Earnings Per Share, Diluted -0.27 USD/shares +37.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 22.8M USD -39.5%
Accounts Receivable, after Allowance for Credit Loss, Current 25.6M USD +33.2%
Inventory, Net 85.1M USD -1.65%
Assets, Current 158M USD -7.26%
Deferred Income Tax Assets, Net 1.42M USD -15.7%
Property, Plant and Equipment, Net 160M USD -3.98%
Operating Lease, Right-of-Use Asset 2.48M USD -11.4%
Other Assets, Noncurrent 18.8M USD -0.3%
Assets 339M USD -5.41%
Accounts Payable, Current 12.4M USD +28.5%
Employee-related Liabilities, Current 2.83M USD -23.6%
Accrued Liabilities, Current 14.6M USD -23.5%
Contract with Customer, Liability, Current 1.59M USD +421%
Liabilities, Current 74.2M USD -9.05%
Operating Lease, Liability, Noncurrent 1.98M USD -15.9%
Other Liabilities, Noncurrent 8.25M USD +46.1%
Liabilities 84.4M USD -5.75%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.66M USD -44.3%
Retained Earnings (Accumulated Deficit) -43.7M USD -36.3%
Stockholders' Equity Attributable to Parent 193M USD -5.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 216M USD -4.9%
Liabilities and Equity 339M USD -5.41%

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 45.4M shares +2.53%
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 33.8M USD -32.5%
Deferred Tax Assets, Valuation Allowance 20.7M USD +18.7%
Deferred Tax Assets, Gross 22.2M USD +15.6%
Operating Lease, Liability 2.51M USD -10.5%
Payments to Acquire Property, Plant, and Equipment 4.39M USD +21.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -14.3M USD +31.2%
Lessee, Operating Lease, Liability, to be Paid 2.8M USD -13%
Operating Lease, Liability, Current 536K USD +17%
Lessee, Operating Lease, Liability, to be Paid, Year Two 653K USD +8.11%
Lessee, Operating Lease, Liability, to be Paid, Year One 630K USD +6.6%
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 282K USD -30.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 670K USD +8.41%
Deferred Tax Assets, Operating Loss Carryforwards 17.2M USD +19.9%
Preferred Stock, Shares Issued 883K shares 0%
Preferred Stock, Shares Authorized 2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 651K USD +2.84%
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 1.52M USD -14.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%