AXT INC AXTI Income Statement

Axt inc (AXTI)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
83,771	83,256	87,078	95,863	98,186	102,397	106,497	106,039	102,476	98,673	92,610	86,314	83,252	81,349	79,137	75,636	76,151	77,502	79,012	83,779	84,218	83,499	82,535	79,918	82,300	85,335	85,659	85,946	87,268	88,374	90,666	98,163	103,041	104,121	109,711	104,583	0	0	0
Cost of revenue
60,119	58,431	60,268	64,198	64,017	65,350	65,502	64,525	64,716	64,198	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	57,189	56,661	58,818	60,673	60,302	64,356	65,020	66,332	67,526	67,781	71,238	73,507	72,960	70,227	67,126	63,522	61,639	62,365	60,725	59,339	62,257	60,831	0	0	0
Gross profit
23,652	24,825	26,810	31,665	34,169	37,047	40,995	41,514	37,760	34,475	32,200	28,645	27,416	26,381	21,948	18,975	17,333	16,829	18,710	19,423	19,198	17,167	15,009	12,137	11,062	11,828	12,699	15,719	20,142	24,852	29,027	35,798	42,316	44,782	47,454	43,752	0	0	0
Operating expenses:
Selling, general and administrative
19,331	19,305	19,426	19,286	19,504	19,003	18,614	18,483	17,438	17,009	15,993	14,822	14,299	13,880	13,485	13,831	14,187	16,064	17,026	16,872	16,785	14,970	14,260	15,058	15,577	16,066	16,145	15,792	15,559	15,419	15,586	15,191	14,931	14,836	14,306	13,790	0	0	0
Research and development
5,895	5,834	5,536	5,722	5,823	5,897	5,862	5,604	5,123	4,827	4,984	5,140	5,593	5,850	5,796	5,887	5,804	5,664	5,509	5,012	4,610	4,144	3,719	3,325	3,377	3,424	3,502	3,580	3,455	3,468	3,250	3,018	2,803	2,473	2,278	2,181	0	0	0
Restructuring charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	907	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Total operating expenses
25,226	25,139	24,962	25,008	25,327	24,900	24,476	24,087	22,561	21,836	20,977	19,962	20,118	19,956	19,507	19,944	19,991	21,728	22,535	21,884	21,395	20,021	18,886	19,290	19,861	19,490	19,647	19,372	19,014	18,887	18,836	18,209	17,734	17,309	16,584	15,971	0	0	0
Income (loss) from operations
-1,574	-314	1,848	6,657	8,842	12,147	16,519	17,427	15,199	12,639	11,223	8,683	7,298	6,425	2,441	-969	-2,658	-4,899	-3,825	-2,461	-2,197	-2,854	-3,877	-7,153	-8,799	-7,662	-6,948	-3,653	1,128	5,965	10,191	17,589	24,582	27,473	30,870	27,781	0	0	0
Interest income (expense), net
93	217	329	421	481	528	541	530	505	461	440	423	409	409	408	405	413	412	430	434	453	483	632	581	504	408	452	449	461	518	392	443	450	449	285	157	0	0	0
Equity in loss of unconsolidated joint ventures
-542	-1,876	-2,709	-2,499	-2,200	-1,080	-328	-600	-1,095	-1,694	-1,945	-2,260	-2,472	-1,995	-1,752	-1,004	-194	462	803	1,026	1,241	1,528	1,780	1,736	1,582	1,377	1,594	1,596	1,409	1,281	0	0	0	-	-	-	-	-	-
Other income (expense), net
2,447	947	476	394	433	352	-329	-765	-816	-553	-225	288	718	860	950	1,282	1,580	2,023	1,866	1,134	984	361	-7	182	87	-748	-780	-589	-1,097	-761	-960	-748	-171	-45	885	2,085	0	0	0
Income (loss) before provision for income taxes
424	-1,026	-56	4,973	7,556	11,947	16,403	16,592	13,793	10,853	9,493	7,134	5,953	5,699	2,047	-286	-859	-2,002	-726	133	481	-482	-1,472	-4,654	-6,626	-6,625	-5,682	-2,197	1,901	7,003	11,150	18,463	25,756	28,618	32,040	30,023	0	0	0
Provision for income taxes
772	562	603	990	760	938	1,242	1,013	967	792	681	676	495	733	910	741	842	531	295	331	242	215	120	-127	63	188	616	592	662	853	721	1,616	2,268	2,795	3,504	3,397	0	0	0
Net income (loss)
-348	-1,588	-659	3,983	6,796	11,009	15,161	15,579	12,826	10,061	8,812	6,458	5,458	4,966	1,137	-1,027	-1,701	-2,533	-1,021	-198	239	-697	-1,592	-4,527	-6,689	-6,813	-6,298	-2,789	1,239	6,150	10,429	16,847	23,488	25,823	28,536	26,626	0	0	0
Less: Net income attributable to noncontrolling interests
1,326	1,012	953	758	1,121	1,355	1,312	1,250	468	-87	-416	-580	-801	-670	-1,042	-1,019	-539	-305	275	496	611	691	713	717	909	1,145	1,188	1,470	2,164	3,040	3,997	4,863	5,741	5,503	5,143	4,182	0	0	0
Net loss attributable to AXT, Inc.
-1,674	-2,600	-1,612	3,225	5,675	9,654	13,849	14,329	12,358	10,148	9,228	7,038	6,259	5,636	2,179	-8	-1,162	-2,228	-1,296	-694	-372	-1,388	-2,305	-5,244	-7,598	-7,958	-7,486	-4,259	-925	3,110	6,432	11,984	17,747	20,320	23,393	22,444	0	0	0
Net loss attributable to AXT, Inc. per common share:
Basic and diluted
-0.01	-	-	-	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic
-	-	-0.02	0.04	-	-0.03	0.10	0.10	0.07	0.09	0.11	0.05	0.02	0.07	0.07	0.03	0.00	-0.04	0.00	0.00	-0.03	-0.02	0.02	0.01	-0.06	-0.04	-0.07	-0.06	-0.08	-0.03	0.03	0.04	0.05	0.08	0.20	0.22	0.13	0.18	0.18
Diluted
-	-	-0.02	0.04	-	-0.03	0.10	0.10	0.07	0.08	0.11	0.05	0.02	0.07	0.07	0.03	0.00	-0.04	0.00	0.00	-0.03	-0.02	0.02	0.01	-0.06	-0.04	-0.07	-0.06	-0.08	-0.03	0.03	0.04	0.05	0.08	0.19	0.21	0.13	0.17	0.17
Weighted-average number of common shares outstanding:
Basic and diluted
39,812	-	-	-	39,352	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic
-	-	39,466	39,447	-	39,246	39,008	39,001	38,941	38,761	38,499	38,306	34,210	32,424	32,110	32,020	32,002	31,949	31,988	32,242	32,553	32,559	32,504	32,381	32,364	33,755	32,366	32,382	32,297	32,221	32,183	32,138	32,034	63,681	31,944	31,831	31	30	30,834
Diluted
-	-	39,466	40,123	-	40,149	40,331	40,216	40,364	40,439	40,095	39,706	35,624	33,985	33,138	32,451	32,002	31,949	31,988	32,242	32,553	32,109	32,738	32,597	32,364	33,755	32,366	32,382	32,297	32,729	32,769	32,944	33,018	65,991	33,126	33,093	33	30	32,172