{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-014204","form_type":"8-K","ticker":"AXTI","cik":"0001051627","company_name":"AXT INC","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.875073+00:00","generated_at":"2026-05-15T00:31:25.399344+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"AXT Q1 revenue $26.9M, gross margin 29.6%; completes $632.5M capital raise for indium phosphide expansion","bullets":["Revenue $26.9M, up 16.6% QoQ and 38.7% YoY; GAAP net loss narrows to $0.03/share.","Gross margin 29.6% GAAP (29.9% non-GAAP), vs 20.9% in Q4 2025 and (6.4)% a year ago.","Completed $632.5M capital raise to expand indium phosphide capacity for AI data center demand.","Non-GAAP net loss $0.6M ($0.01/share), improved from $2.3M loss in prior quarter.","STAR Market IPO for subsidiary Tongmei pending CSRC approval; expects close in coming months."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-014204","json":"https://secwatch.observer/filing/0001437749-26-014204.json","markdown":"https://secwatch.observer/filing/0001437749-26-014204.md","text":"https://secwatch.observer/filing/0001437749-26-014204.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1051627/000143774926014204/0001437749-26-014204-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1051627/000143774926014204/axti20260109_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:31:25.399344+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":[{"claim_id":"c08f440e3b38ebadb38db4cdecec048317a178b7","claim":"AXT INC reported first quarter ended March 31, 2026 results: revenue $26.9 million, net income $1.6 million net loss, EPS $0.03 per share loss.","evidence_excerpt":"Revenue for the first quarter of 2026 was $26.9 million, compared with $23.0 million for the fourth quarter of 2025 and $19.4 million for the first quarter of 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1051627/000143774926014204/0001437749-26-014204-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$26.9 million"},{"label":"Net income","value":"$1.6 million net loss"},{"label":"EPS","value":"$0.03 per share loss"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}