{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-024204","form_type":"8-K","ticker":"AXTI","cik":"0001051627","company_name":"AXT INC","filed_at":"2025-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.210588+00:00","generated_at":"2026-05-17T22:08:06.420410+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"AXT Q2 2025 revenue $18M, net loss $7M; GaAs export delays and China sluggishness","bullets":["Revenue $18.0M, down 36% YoY from $27.9M; QoQ down from $19.4M.","GAAP net loss $7.0M ($0.16/sh) vs loss $1.5M YoY; non-GAAP loss $6.4M ($0.15/sh).","GAAP gross margin 8.0%, improved from (6.4%) Q1 but down from 27.4% YoY.","CEO: longer GaAs export permit processing & China demand sluggishness; AI-driven InP demand growing.","Tongmei STAR Market IPO still pending CSRC approval; expects completion in coming months."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-024204","json":"https://secwatch.observer/filing/0001437749-25-024204.json","markdown":"https://secwatch.observer/filing/0001437749-25-024204.md","text":"https://secwatch.observer/filing/0001437749-25-024204.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1051627/000143774925024204/0001437749-25-024204-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1051627/000143774925024204/axti20250604_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:08:06.420410+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"}