I don't know if it'll work with .ax files, but Sigcheck from Sysinternals is what I use to display executable (exe/DLL) version and description from command prompt. Try it, it's only 114KB.
Edit
Sigcheck works with .ax files, too. Sample output:
sigcheck -a CoreAVCDecoder.ax
Sigcheck v1.71 - File version and signature viewer
Copyright (C) 2004-2010 Mark Russinovich
Sysinternals - www.sysinternals.com
C:\Program Files\CoreCodec\CoreAVC Professional Edition\CoreAVCDecoder.ax:
Verified: Unsigned
File date: 1:26 AM 12/19/2009
Publisher: CoreCodec
Description: CoreAVC DirectShow Video Decoder
Product: CoreAVC Video Decoder
Version: 2.0.0
File version: 2.0.0
Strong Name: Unsigned
Original Name: CoreAVCDecoder.ax
Internal Name: CoreAVCDecoder
Copyright: Copyright ⌐ 2005-2009 CoreCodec, Inc.
Comments: http://www.coreavc.com
Edit 2:
Just to be clear, not all DLL/Exe contain WinPE resource block where version information is stored. If that's the case, you won't see 'Version' tab for those files. You can use Sigcheck to confirm this. If Sigcheck can't display version information of a file, it means that particular file does not have a proper resource block.