{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-022428","form_type":"8-K","ticker":"AXTI","cik":"0001051627","company_name":"AXT INC","filed_at":"2025-07-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.210164+00:00","generated_at":"2026-05-18T08:50:25.078879+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"AXT cuts Q2 revenue guidance to $17.5-18M on export permit delays and weak China demand","bullets":["Preliminary Q2 2025 revenue $17.5-18M, below prior guidance of $20-22M.","Revenue shortfall driven by slower export control permits for GaAs products and weaker China demand.","AI-related demand for indium phosphide increased in Q2; Tongmei received first export permits for InP late Q2.","Company expects Q2 2025 gross margins in high single digits despite revenue miss.","Full Q2 2025 earnings scheduled for July 31, 2025; conference call at 1:30 p.m. PT."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-022428","json":"https://secwatch.observer/filing/0001437749-25-022428.json","markdown":"https://secwatch.observer/filing/0001437749-25-022428.md","text":"https://secwatch.observer/filing/0001437749-25-022428.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1051627/000143774925022428/0001437749-25-022428-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1051627/000143774925022428/axti20250703_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T08:50:25.078879+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}