AXT INC
For the period ended Mar 31, 2026. Filed May 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 14, 2026
AXTI$42.91+10.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
| March 31, 2026 | Page |
|---|---|
| PART I. FINANCIAL INFORMATION | |
| Item 1. Financial Statements (unaudited) | |
| Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025 | 3 |
| Condensed Consolidated Statements of Operations for the three months ended March 31, 2026 and 2025 | 4 |
| Condensed Consolidated Statements of Comprehensive Loss for the three months ended March 31, 2026 and 2025 | 5 |
| Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 2025 | 6 |
| Notes To Condensed Consolidated Financial Statements | 7 |
| Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 28 |
| Item 3. Quantitative and Qualitative Disclosures About Market Risk | 49 |
| Item 4. Controls and Procedures | 50 |
| PART II. OTHER INFORMATION | |
| Item 1. Legal Proceedings | 51 |
| Item 1A. Risk Factors | 51 |
| Item 2. Unregistered Sales of Equity Securities and Use of Proceeds | 78 |
| Item 3. Defaults upon Senior Securities | 78 |
| Item 4. Mine Safety Disclosures | 78 |
| Item 5. Other Information | 78 |
| Item 6. Exhibits | 78 |
| Signatures | 79 |
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