Axt Inc financial data

Symbol
AXTI on Nasdaq
Industry
Semiconductors & Related Devices
Location
4281 Technology Dr., Fremont, CA
State of incorporation
Delaware
Fiscal year end
December 31
Former names
AMERICAN XTAL TECHNOLOGY (to 6/8/2000)
Latest financial report
10-Q - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 224 % -8.81%
Quick Ratio 116 % -5.91%
Debt-to-equity 41.3 % +16.8%
Return On Equity -5.78 % -938%
Return On Assets -3.73 % -908%
Operating Margin -17.6 % -127%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 44.5M shares +1.89%
Common Stock, Shares, Outstanding 44.5M shares +1.89%
Entity Public Float 117M USD -39.8%
Common Stock, Value, Issued 44K USD 0%
Weighted Average Number of Shares Outstanding, Basic 43.1M shares +1.19%
Weighted Average Number of Shares Outstanding, Diluted 43.1M shares +1.19%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 88.4M USD -11.6%
Revenue from Contract with Customer, Excluding Assessed Tax 88.4M USD -11.6%
Cost of Revenue 68.2M USD -2.31%
Research and Development Expense 12.7M USD -6.73%
Operating Income (Loss) -15.5M USD -101%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -12.9M USD -4386%
Income Tax Expense (Benefit) 546K USD +7.69%
Net Income (Loss) Attributable to Parent -13M USD -876%
Earnings Per Share, Basic -0.32 USD/shares -967%
Earnings Per Share, Diluted -0.32 USD/shares -700%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 27.8M USD -7.59%
Accounts Receivable, after Allowance for Credit Loss, Current 27.2M USD +36.8%
Inventory, Net 85.8M USD -1.48%
Assets, Current 167M USD +1.16%
Deferred Income Tax Assets, Net 1.68M USD -24.7%
Property, Plant and Equipment, Net 161M USD +1.68%
Operating Lease, Right-of-Use Asset 2.53M USD +71.8%
Other Assets, Noncurrent 18.2M USD -4.18%
Assets 349M USD +0.93%
Accounts Payable, Current 11.7M USD +148%
Employee-related Liabilities, Current 2.19M USD -36.9%
Accrued Liabilities, Current 12.3M USD -27.6%
Contract with Customer, Liability, Current 1.11M USD +504%
Liabilities, Current 74.6M USD +11%
Operating Lease, Liability, Noncurrent 2.08M USD +80%
Other Liabilities, Noncurrent 9.57M USD +182%
Liabilities 86.3M USD +20.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.23M USD -0.64%
Retained Earnings (Accumulated Deficit) -35.6M USD -57.7%
Stockholders' Equity Attributable to Parent 200M USD -4.82%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 223M USD -4.14%
Liabilities and Equity 349M USD +0.93%

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 44.5M shares +1.89%
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 41.6M USD +1.74%
Deferred Tax Assets, Valuation Allowance 17.5M USD +46.9%
Deferred Tax Assets, Gross 19.2M USD +38.5%
Operating Lease, Liability 2.55M USD +72.1%
Payments to Acquire Property, Plant, and Equipment 4.39M USD +21.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -13.1M USD -29.1%
Lessee, Operating Lease, Liability, to be Paid 2.89M USD +70.7%
Operating Lease, Liability, Current 471K USD +44%
Lessee, Operating Lease, Liability, to be Paid, Year Two 612K USD +139%
Lessee, Operating Lease, Liability, to be Paid, Year One 598K USD +134%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +21.7%
Deferred Income Tax Expense (Benefit) 40K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 332K USD +60.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 626K USD +145%
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 608K USD +137%
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%