XML 40 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
AXT, Inc. Stockholders' Equity
Noncontrolling Interests
Total
Balance, beginning of period at Dec. 31, 2018 $ 3,532 $ 40 $ 234,417 $ (45,183) $ (1,972) $ 190,835 $ 3,697 $ 194,532
Balance (in shares) at Dec. 31, 2018 883 39,985            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock options exercised   $ 1 267     268   268
Common stock options exercised (in shares)   113            
Reclassification out of accumulated other comprehensive income and noncontrolling interests upon the deconsolidation of a subsidiary         (1,150) (1,150) 533 (617)
Restricted stock awards canceled   (20)            
Stock-based compensation     2,346     2,346   2,346
Issuance of common stock in the form of restricted stock (in shares)   554            
Purchase of subsidiary shares from noncontrolling interests     (74)     (74) (339) (413)
Net income (loss)       (2,600)   (2,600) 1,012 (1,588)
Other comprehensive income (loss)         (1,740) (1,740) (26) (1,766)
Balance, end of period at Dec. 31, 2019 $ 3,532 $ 41 236,957 (47,783) (4,862) 187,885 4,877 192,762
Balance (in shares) at Dec. 31, 2019 883 40,632            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock options exercised   $ 1 2,535     2,536   2,536
Common stock options exercised (in shares)   905            
Sale of subsidiary shares to noncontrolling interests     396     396   396
Restricted stock awards canceled   (13)            
Stock-based compensation     2,623     2,623   2,623
Issuance of common stock in the form of restricted stock (in shares)   443            
Purchase of subsidiary shares from noncontrolling interests     (1,398)     (1,398) (202) (1,600)
Adjustment to noncontrolling interests in connection with the reorganization and alignment of assets under Tongmei     (10,732)     (10,732) 10,732 (10,732)
Net dividend declared by joint ventures             (2,238) (2,238)
Net income (loss)       3,238   3,238 1,803 5,041
Other comprehensive income (loss)         8,071 8,071 378 8,449
Balance, end of period at Dec. 31, 2020 $ 3,532 $ 42 230,381 (44,545) 3,209 192,619 15,350 207,969
Balance (in shares) at Dec. 31, 2020 883 41,967            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock options exercised   $ 1 1,669     1,670   1,670
Common stock options exercised (in shares)   507            
Sale of subsidiary shares to noncontrolling interests     (262)     (262) 1,413 1,151
Transfer of subsidiary with noncontrolling interests     (1,229)     (1,229) 1,229  
Restricted stock awards canceled   (14)            
Stock-based compensation     4,519     4,519   4,519
Issuance of common stock in the form of restricted stock (in shares)   426            
Purchase of subsidiary shares from noncontrolling interests     (2,691)     (2,691) (1,039) (3,730)
Transfer of subsidiary with redeemable noncontrolling interest     (1,241)     (1,241)   (1,241)
Noncontrolling interest portion of Tongmei stock-based compensation     (62)     (62) 40 (22)
Sale of common stock to employees in connection with the reorganization     538     538   538
Adjustment to noncontrolling interests in connection with the reorganization and alignment of assets under Tongmei               1,229
Net income (loss)       14,575   14,575 1,045 15,620
Net income (loss)               16,509
Other comprehensive income (loss)         3,093 3,093 279 3,372
Balance, end of period at Dec. 31, 2021 $ 3,532 $ 43 $ 231,622 $ (29,970) $ 6,302 $ 211,529 $ 18,317 $ 229,846
Balance (in shares) at Dec. 31, 2021 883 42,886