AXT INC
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
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FY2024 · Filed Mar 14, 2025
AXTI$39.31-8.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity
(In thousands)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · Common Stock · · · · · · · · · · · · · · · | ||||||||||||||||||||||||||||||
| · · Preferred · · · · · · · · Additional · · · · Accumulated Other · · AXT, Inc. · · · · Total | ||||||||||||||||||||||||||||||
| · · Stock · · · · · · · · Paid-In · · Accumulated · · Comprehensive · · Stockholders’ · · Noncontrolling · · Stockholders’ | ||||||||||||||||||||||||||||||
| · Shares · Amount · · Shares · Amount · Capital · Deficit · Income (Loss) · Equity · Interests · Equity | ||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Balance as of January 1,2022 | | 883 | | $3,532 | | | 42,886 | | | 43 | | | 231,622 | | | (29,970) | | | 6,302 | | | 211,529 | | | 18,317 | | | 229,846 | | |
| Common stock options exercised | | | | | | | | 172 | | | 1 | | | 517 | | | | | | | | | 518 | | | | | | 518 | |
| Investment in subsidiary with noncontrolling interest | | | | | | | | | | | | | | (466) | | | | | | | | | (466) | | | 2,699 | | | 2,233 | |
| Investment in subsidiary with redeemable noncontrolling interest | | | | | | | | | | | | | | (471) | | | | | | | | | (471) | | | | | | (471) | |
| Restricted stock awards canceled | | | | | | | | (91) | | | | | | | | | | | | | | | — | | | | | | — | |
| Stock-based compensation | | | | | | | | | | | | | | 3,273 | | | | | | | | | 3,273 | | | | | | 3,273 | |
| Issuance of common stock in the form of restricted stock | | | | | | | | 587 | | | | | | | | | | | | | | | — | | | | | | — | |
| Tongmei stock-based compensation | | | | | | | | | | | | | | 733 | | | | | | | | | 733 | | | | | | 733 | |
| Noncontrolling interest portion of Tongmei stock-based compensation | | | | | | | | | | | | | | 100 | | | | | | | | | 100 | | | (42) | | | 58 | |
| Investment in subsidiary from noncontrolling interest | | | | | | | | | | | | | | | | | | | | | | | — | | | 1,887 | | | 1,887 | |
| Net income | | | | | | | | | | | | | | | | | 15,811 | | | | | | 15,811 | | | 1,333 | | | 17,144 | |
| Other comprehensive loss | | | | | | | | | | | | | | | | | | | | (9,420) | | | (9,420) | | | (901) | | | (10,321) | |
| Balance as of December 31, 2022 | | 883 | | | 3,532 | | | 43,554 | | | 44 | | | 235,308 | | | (14,159) | | | (3,118) | | | 221,607 | | | 23,293 | | | 244,900 | |
| Common stock options exercised | | | | | | | | 4 | | | | | | 10 | | | | | | | | | 10 | | | | | | 10 | |
| Investment in subsidiary with noncontrolling interest | | | | | | | | | | | | | | (153) | | | | | | | | | (153) | | | 861 | | | 708 | |
| Investment in subsidiary with redeemable noncontrolling interest | | | | | | | | | | | | | | (155) | | | | | | | | | (155) | | | | | | (155) | |
| Restricted stock awards canceled | | | | | | | | (23) | | | | | | | | | | | | | | | — | | | | | | — | |
| Stock-based compensation | | | | | | | | | | | | | | 2,779 | | | | | | | | | 2,779 | | | | | | 2,779 | |
| Issuance of common stock in the form of restricted stock | | | | | | | | 704 | | | | | | | | | | | | | | | — | | | | | | — | |
| Tongmei stock-based compensation | | | | | | | | | | | | | | 761 | | | | | | | | | 761 | | | | | | 761 | |
| Noncontrolling interest portion of Tongmei stock-based compensation | | | | | | | | | | | | | | (98) | | | | | | | | | (98) | | | 55 | | | (43) | |
| Net loss | | | | | | | | | | | | | | | | | (17,881) | | | | | | (17,881) | | | (391) | | | (18,272) | |
| Other comprehensive loss | | | | | | | | | | | | | | | | | | | | (2,881) | | | (2,881) | | | (324) | | | (3,205) | |
| Balance as of December 31, 2023 | | 883 | | | 3,532 | | | 44,239 | | | 44 | | | 238,452 | | | (32,040) | | | (5,999) | | | 203,989 | | | 23,494 | | | 227,483 | |
| Common stock options exercised | | | | | | | | 12 | | | 1 | | | 27 | | | | | | | | | 28 | | | | | | 28 | |
| Restricted stock awards canceled | | | | | | | | (6) | | | | | | | | | | | | | | | — | | | | | | — | |
| Stock-based compensation | | | | | | | | | | | | | | 2,647 | | | | | | | | | 2,647 | | | | | | 2,647 | |
| Issuance of common stock in the form of restricted stock | | | | | | | | 1,113 | | | | | | | | | | | | | | | — | | | | | | — | |
| Tongmei stock-based compensation | | | | | | | | | | | | | | 450 | | | | | | | | | 450 | | | | | | 450 | |
| Noncontrolling interest portion of Tongmei stock-based compensation | | | | | | | | | | | | | | (62) | | | | | | | | | (62) | | | 31 | | | (31) | |
| Net loss | | | | | | | | | | | | | | | | | (11,624) | | | | | | (11,624) | | | 342 | | | (11,282) | |
| Other comprehensive loss | | | | | | | | | | | | | | | | | | | | (2,658) | | | (2,658) | | | (306) | | | (2,964) | |
| Balance as of December 31, 2024 | | 883 | | $3,532 | | | 45,358 | | $45 | | $241,514 | | $(43,664) | | $(8,657) | | $192,770 | | $23,561 | | $216,331 | | ||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.