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10-Q

Quarterly Report

AXT INC AXTI

0001437749-25-026516

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Filed
Aug 13, 2025 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding Q2 2025 · Aug 1, 2025 46.12M sh
Shares Diluted Q2 2025 · Jun 30, 2025 43.71M sh
Shares Diluted Q2 2025 · Jun 30, 2025 43.63M sh
Shares Diluted Q2 2025 · Jun 30, 2024 43.09M sh
Shares Diluted Q2 2025 · Jun 30, 2024 43.04M sh
Capex Q2 2025 · Jun 30, 2025 $789K
Capex Q2 2025 · Jun 30, 2024 $4.66M
Operating Cash Flow Q2 2025 · Jun 30, 2025 −$7.92M
Operating Cash Flow Q2 2025 · Jun 30, 2024 −$7.96M
Short Term Debt Q2 2025 · Jun 30, 2025 $51.35M
Short Term Debt Q2 2025 · Dec 31, 2024 $45.96M
Cash And Equivalents Q2 2025 · Jun 30, 2025 $27.01M
Cash And Equivalents Q2 2025 · Dec 31, 2024 $22.83M
Stockholders Equity Q2 2025 · Jun 30, 2025 $179.71M
Stockholders Equity Q2 2025 · Dec 31, 2024 $192.77M
Current Liabilities Q2 2025 · Jun 30, 2025 $79.54M
Current Liabilities Q2 2025 · Dec 31, 2024 $74.18M
Total Liabilities Q2 2025 · Jun 30, 2025 $88.37M
Total Liabilities Q2 2025 · Dec 31, 2024 $84.41M
Current Assets Q2 2025 · Jun 30, 2025 $144.96M
Current Assets Q2 2025 · Dec 31, 2024 $158.27M
Total Assets Q2 2025 · Jun 30, 2025 $329M
Total Assets Q2 2025 · Dec 31, 2024 $339.31M
Eps Diluted Q2 2025 · Jun 30, 2025 −$0.16
Eps Diluted Q2 2025 · Jun 30, 2025 −$0.36
Eps Diluted Q2 2025 · Jun 30, 2024 −$0.04
Eps Diluted Q2 2025 · Jun 30, 2024 −$0.09
Eps Basic Q2 2025 · Jun 30, 2025 −$0.16
Eps Basic Q2 2025 · Jun 30, 2025 −$0.36
Eps Basic Q2 2025 · Jun 30, 2024 −$0.04
Eps Basic Q2 2025 · Jun 30, 2024 −$0.09
Sga Expense Q2 2025 · Jun 30, 2025 $5.65M
Sga Expense Q2 2025 · Jun 30, 2025 $11.57M
Sga Expense Q2 2025 · Jun 30, 2024 $5.78M
Sga Expense Q2 2025 · Jun 30, 2024 $12.01M
Rd Expense Q2 2025 · Jun 30, 2025 $2.53M
Rd Expense Q2 2025 · Jun 30, 2025 $5.64M
Rd Expense Q2 2025 · Jun 30, 2024 $3.76M
Rd Expense Q2 2025 · Jun 30, 2024 $6.97M
Net Income Q2 2025 · Jun 30, 2025 −$7.01M
Net Income Q2 2025 · Jun 30, 2025 −$15.81M
Net Income Q2 2025 · Jun 30, 2024 −$1.52M
Net Income Q2 2025 · Jun 30, 2024 −$3.6M
Operating Income Q2 2025 · Jun 30, 2025 −$6.75M
Operating Income Q2 2025 · Jun 30, 2025 −$17.02M
Operating Income Q2 2025 · Jun 30, 2024 −$1.89M
Operating Income Q2 2025 · Jun 30, 2024 −$5.23M
Gross Profit Q2 2025 · Jun 30, 2025 $1.43M
Gross Profit Q2 2025 · Jun 30, 2025 $192K
Gross Profit Q2 2025 · Jun 30, 2024 $7.65M
Gross Profit Q2 2025 · Jun 30, 2024 $13.75M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $16.54M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $37.14M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $20.27M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $36.87M
Revenue Q2 2025 · Jun 30, 2025 $17.97M
Revenue Q2 2025 · Jun 30, 2025 $37.33M
Revenue Q2 2025 · Jun 30, 2024 $27.92M
Revenue Q2 2025 · Jun 30, 2024 $50.61M