Quarter

First

Second

Third

Fourth

(in thousands, except per share data)

2020:

Revenue

$

20,723

$

22,134

$

25,469

$

27,035

Gross profit

5,522

6,768

8,823

9,162

Net income (loss) attributable to AXT, Inc.

(178)

361

991

2,064

Net income (loss) attributable to AXT, Inc. per share, basic

$

(0.01)

$

0.01

$

0.02

$

0.05

Net income (loss) attributable to AXT, Inc. per share, diluted

$

(0.01)

$

0.01

$

0.02

$

0.05

2019:

Revenue

$

20,208

$

24,797

$

19,841

$

18,410

Gross profit

6,695

8,506

5,759

3,865

Net income (loss) attributable to AXT, Inc.

(1,104)

1,451

(898)

(2,049)

Net income (loss) attributable to AXT, Inc. per share, basic

$

(0.03)

$

0.04

$

(0.02)

$

(0.05)

Net income (loss) attributable to AXT, Inc. per share, diluted

$

(0.03)

$

0.04

$

(0.02)

$

(0.05)