Axcelis Technologies Inc 2025年季度报告

FORM10-Q Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or15(d)of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that theregistrant was required to file such reports), and (2)has been subject to such filing requirements for the past Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required tobe submitted pursuant to Rule405 of Regulation S-T during the preceding 12 months (or for such shorter period that Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-acceleratedfiler, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,”“accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange If an emerging growth company, indicate by check mark if registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Table of Contents PARTI-FINANCIALINFORMATIONItem 1.Financial Statements (Unaudited)Consolidated Statements of Operations for the three months ended March 31, 2025 and2024Consolidated Statements of Comprehensive Income for the three months ended March 31,2025 and 2024Consolidated Balance Sheets as of March 31, 2025 and December31, 2024Consolidated Statements of Stockholders’ Equity for the three months ended March 31,2025 and 2024Consolidated Statements of Cash Flows for the three months ended March 31, 2025 and2024Notes to Consolidated Financial Statements (Unaudited)Item 2.Management’s Discussion and Analysis of Financial Condition and Results ofOperationsOverviewCritical Accounting EstimatesResults of OperationsLiquidity and Capital ResourcesItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and ProceduresPARTII - OTHER INFORMATIONItem1.Legal ProceedingsItem1A.Risk FactorsItem2.Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases ofEquity SecuritiesItem3.Defaults Upon Senior SecuritiesItem4.Mine Safety DisclosuresItem5.Other InformationItem6.Exhibits 3 PART1—FINANCIAL INFORMATION Item 1.Financial Statements. Axcelis Technologies,Inc.Consolidated Statements of Operations(In thousands, except per share amounts) Axcelis Technologies,Inc.Consolidated Statements of Comprehensive Income Axcelis Technologies,Inc.Consolidated Balance Sheets(In thousands, except per share amounts) Axcelis Technologies,Inc.Consolidated Statements of Cash Flows Axcelis Technologies,Inc.Notes to Consolidated Financial Statements (Unaudited) Note1.Nature of Business Axcelis Technologies,Inc. (“Axcelis” or the “Company”) was incorporated in Delaware in1995 and is a producer of ion implantation equipment used in the fabrication of semiconductor chips inthe United States, Europe and Asia. In addition, we provide extensive worldwide aftermarket service The accompanying unaudited consolidated financial statements have been prepared inaccordance with U.S. generally accepted accounting principles for interim financial information andwith the instructions to Form10-Q and Article10 of Regulation S-X. Accordingly, they do not includeall of the information and footnotes required by generally accepted accounting principles for complete The balance sheet at December31, 2024 has been derived from the audited consolidatedfinancial statements at that date but does not include all the information and footnotes required bygenerally accepted accounting principles for complete financial statements. As of March 31, 2025, therehave been no material changes in the Company’s significant accounting policies, other than as described Note 2. Significant Accounting Policies Cash, Cash Equivalents and Short-term Investments Cash and cash equivalents consist of cash on hand and highly liquid investments with originalmaturities of 90 days or less. Cash equivalents consist primarily of money market funds, U.S.government and agency securities and deposit accounts. Cash equivalents are carried on the balancesheet at fair market value. Short-term investments are highly liquid investments with original maturitiesof greater than 90 days but less than one year from date of purchase and are carried on the balance sheetat fair value.We evaluate if any declines in fair value below amortized cost are caused by expectedcredit losses, as well as our ability and intent to hold the investment until a forecasted recovery occurs.Our short-term investments consist primarily of U.S. government and agency securities. As of March31, 2025, our short-term investments are classified as available-for-sale as a result of the below noted