{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-013229","form_type":"8-K","ticker":"AXTI","cik":"0001051627","company_name":"AXT INC","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.026061+00:00","generated_at":"2026-06-12T07:02:16.006246+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"AXT Q2 revenue $18.6M, net loss $5.1M; gross margin slumps to 9.2%","bullets":["Revenue $18.6M, down 53% YoY from $39.5M; GAAP net loss $5.1M ($0.12 EPS) vs. net income $5.5M YoY.","Non-GAAP net loss $4.2M ($0.10 EPS) vs. net income $6.7M ($0.16 EPS) in Q2 2022.","GAAP gross margin 9.2% vs. 39.1% YoY; operating loss $6.8M vs. profit $5.3M a year ago.","Subsidiary Tongmei's STAR Market IPO still under CSRC review; process ongoing."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-013229","json":"https://secwatch.observer/filing/0001558370-23-013229.json","markdown":"https://secwatch.observer/filing/0001558370-23-013229.md","text":"https://secwatch.observer/filing/0001558370-23-013229.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1051627/000155837023013229/0001558370-23-013229-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1051627/000155837023013229/axti-20230803x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T07:02:16.006246+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":"b0689c550a22cc0b4d467fd0672be3bec6fe4aa8","claim":"AXT INC reported second quarter ended June 30, 2023 results: revenue $18.6 million, net income ($5.1) million, or ($0.12) per share, EPS ($0.12) per share.","evidence_excerpt":"Revenue for the second quarter of 2023 was $18.6 million, compared with $19.4 million for the first quarter of 2023 and $39.5 million for the second quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1051627/000155837023013229/0001558370-23-013229-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$18.6 million"},{"label":"Net income","value":"($5.1) million, or ($0.12) per share"},{"label":"EPS","value":"($0.12) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}