Risk Audit · Cached SEC Snapshot
AXTI Risk Audit — Dilution, Cash Runway, and SEC Filings
AXT INC · Technology
TL;DR
- MODERATE / CAUTION — No fatal flags, but the structure is not pristine. Read the evidence.
- Doomsday Clock: 10.5mo of cash before the company exhausts its operating runway.
- Dilution Risk: 22 / 100 — company is actively issuing new shares.
- Dilution Status: Potential Dilution — Share count changed by +21.9%. No active dilution drivers detected in latest filing.
Doomsday Clock
10.5mo
Company runs out of cash in 10.5 months
Dilution Risk
22 / 100
Company actively issuing new shares
BBB
Stockteller Grade
Altman Z: 4.47 (Z'')
Gravity Playbook · Mathematical Stress Test
AUTH
Dilution Authorization
The company has an active S-3 shelf registration, authorizing future equity offerings. Current mechanics indicate no active dilution, but the company is authorized to dilute up to 21.87% annually.
BURN
Cash Burn Rate
Current mechanics indicate the company's cash runway is mathematically depleted in approximately 10.46 months based on current burn rates.
COMPLIANCE
Nasdaq Compliance
Nasdaq requires a $1.00 minimum bid. Historical precedent for companies with this profile involves structural actions such as reverse splits to maintain listing compliance.
Mechanical analysis only. Not financial advice. Statements describe mathematical conditions and historical precedent, not predictions or recommendations for this security.
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Educational analysis only. Not financial advice. The Risk Audit is a quantitative framework derived from publicly available SEC filings and may contain inaccuracies. AI systems are fallible. Always verify against the source filings on
SEC EDGAR
and consult a licensed advisor before making investment decisions.