For the quarter ending 2025-09-30, AXTI has $334,034K in assets. $93,578K in debts. $23,110K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 23,110 | 27,007 | ||
| Restricted cash | 8,100 | 8,100 | ||
| Accounts receivable, net of allowances for credit losses of 141 and 147 as of september 30, 2025 and december 31, 2024 | 33,837 | 22,794 | ||
| Inventories | 77,656 | 80,063 | ||
| Prepaid expenses and other current assets | 7,052 | 6,996 | ||
| Total current assets | 149,755 | 144,960 | ||
| Property, plant and equipment, net | 159,283 | 159,714 | ||
| Operating lease right-of-use assets | 2,103 | 2,233 | ||
| Other assets | 22,893 | 22,096 | ||
| Total assets | 334,034 | 329,003 | ||
| Accounts payable | 10,848 | 11,242 | ||
| Accrued liabilities | 12,502 | 12,372 | ||
| Short-term loans | 61,547 | 55,928 | ||
| Total current liabilities | 84,897 | 79,542 | ||
| Noncurrent operating lease liabilities | 1,587 | 1,714 | ||
| Other long-term liabilities | 7,094 | 7,116 | ||
| Total liabilities | 93,578 | 88,372 | ||
| Redeemable noncontrolling interests (note 18) | 38,111 | 38,010 | ||
| Preferred stock series a, 0.001 par value 2,000 shares authorized 883 shares issued and outstanding as of september 30, 2025 and december 31, 2024 (liquidation preference of 8,184 and 8,052 as of september 30, 2025 and december 31, 2024) | 3,532 | 3,532 | ||
| Common stock, 0.001 par value 70,000 shares authorized 46,218 and 45,358 shares issued and outstanding as of september 30, 2025 and december 31, 2024 | 46 | 46 | ||
| Additional paid-in capital | 243,606 | 242,776 | ||
| Accumulated deficit | -61,376 | -59,470 | ||
| Accumulated other comprehensive loss | -6,660 | -7,170 | ||
| Total axt, inc. stockholders equity | 179,148 | 179,714 | ||
| Noncontrolling interests | 23,197 | 22,907 | ||
| Total stockholders equity | 202,345 | 202,621 | ||
| Total liabilities, redeemable noncontrolling interests and stockholders equity | 334,034 | 329,003 | ||
AXT INC (AXTI)
AXT INC (AXTI)