Name | Value |
---|---|
Revenues | 17.4M |
Cost of Revenue | 15.5M |
Gross Profit | 1.9M |
Operating Expense | 8.6M |
Operating I/L | -6.7M |
Other Income/Expense | 0.6M |
Interest Income | 0.4M |
Pretax | -6.5M |
Income Tax Expense | -0.1M |
Net Income/Loss | -5.8M |
AXT, Inc. specializes in designing, developing, manufacturing, and distributing compound and single element semiconductor substrates using its proprietary vertical gradient freeze technology. The company's products include indium phosphide for various applications such as data center connectivity, 5G communications, and photonic integrated circuits; semi-insulating gallium arsenide substrates for Wi-Fi and IoT devices, transistors, and satellite communications; semi-conducting gallium arsenide substrates for LED, screen displays, and sensors; germanium substrates for multi-junction solar cells and optical sensors; and purified gallium, boron trioxide, and other related materials. AXT, Inc. sells its products through direct salesforce and independent sales representatives in the United States, China, and Europe, as well as through distributors internationally.