Axt Inc financial data

Symbol
AXTI on Nasdaq
Industry
Semiconductors & Related Devices
Location
4281 Technology Dr., Fremont, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
AMERICAN XTAL TECHNOLOGY (to 6/8/2000)
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 229 % -7.15%
Quick Ratio 120 % +0.83%
Debt-to-equity 39 % +10.2%
Return On Equity -7.28 % -289%
Return On Assets -4.76 % -287%
Operating Margin -25.9 % -808%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 44.2M shares +1.56%
Common Stock, Shares, Outstanding 44.4M shares +1.87%
Entity Public Float 117M USD -39.8%
Common Stock, Value, Issued 44K USD 0%
Weighted Average Number of Shares Outstanding, Basic 43M shares +1.15%
Weighted Average Number of Shares Outstanding, Diluted 43M shares +1.15%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 79.1M USD -34.6%
Revenue from Contract with Customer, Excluding Assessed Tax 79.1M USD -34.6%
Cost of Revenue 64.8M USD -15.8%
Research and Development Expense 11.7M USD -18.5%
Operating Income (Loss) -20.5M USD -564%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -17.3M USD -235%
Income Tax Expense (Benefit) 286K USD -82.9%
Net Income (Loss) Attributable to Parent -16.6M USD -279%
Earnings Per Share, Basic -0.4 USD/shares -282%
Earnings Per Share, Diluted -0.4 USD/shares -290%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 25.8M USD -27.2%
Accounts Receivable, after Allowance for Credit Loss, Current 25.1M USD +17.4%
Inventory, Net 85.9M USD -6.26%
Assets, Current 164M USD -7.49%
Deferred Income Tax Assets, Net 1.68M USD -24.7%
Property, Plant and Equipment, Net 163M USD +0.37%
Operating Lease, Right-of-Use Asset 2.66M USD +60.2%
Other Assets, Noncurrent 19.4M USD -18.3%
Assets 349M USD -4.82%
Accounts Payable, Current 10.3M USD +51.7%
Employee-related Liabilities, Current 2.94M USD -3.23%
Accrued Liabilities, Current 12.7M USD -3.82%
Contract with Customer, Liability, Current 535K USD -52%
Liabilities, Current 72M USD -1.07%
Operating Lease, Liability, Noncurrent 2.21M USD +73.4%
Other Liabilities, Noncurrent 9.66M USD +129%
Liabilities 83.9M USD +7.14%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.63M USD -237%
Retained Earnings (Accumulated Deficit) -34.1M USD -94.9%
Stockholders' Equity Attributable to Parent 201M USD -8.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 225M USD -7.77%
Liabilities and Equity 349M USD -4.82%

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 44.4M shares +1.87%
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 39.6M USD -11.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.56M USD
Deferred Tax Assets, Valuation Allowance 17.5M USD +46.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 19.2M USD +38.5%
Operating Lease, Liability 2.67M USD +58.5%
Payments to Acquire Property, Plant, and Equipment 4.39M USD +21.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -22M USD -5449%
Lessee, Operating Lease, Liability, to be Paid 3.04M USD +58%
Operating Lease, Liability, Current 463K USD +12.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 613K USD +126%
Lessee, Operating Lease, Liability, to be Paid, Year One 599K USD +121%
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 365K USD +54%
Lessee, Operating Lease, Liability, to be Paid, Year Three 627K USD +131%
Deferred Tax Assets, Operating Loss Carryforwards 14.4M USD +50.1%
Preferred Stock, Shares Issued 883K shares 0%
Deferred Federal Income Tax Expense (Benefit) -9K USD +98.5%
Current Income Tax Expense (Benefit) -338K USD -119%
Preferred Stock, Shares Authorized 2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 610K USD +125%
Operating Lease, Payments 146K USD -0.68%
Preferred Stock, Shares Outstanding 883K shares 0%
Current State and Local Tax Expense (Benefit) 41K USD +20.6%
Current Federal Tax Expense (Benefit) -317K USD -137%
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%
Deferred State and Local Income Tax Expense (Benefit) -7K USD -75%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%