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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 26,307 $ 24,961
Short-term investments 22,097 12,499 [1]
Accounts receivable, net of allowances of $1,095 and $1,054 as of June 30, 2014 and December 31, 2013 19,288 14,943 [1]
Inventories 35,263 39,127 [1]
Prepaid expenses and other current assets 4,695 8,010 [1]
Total current assets 107,650 99,540 [1]
Long-term investments 959 10,145 [1]
Property, plant and equipment, net 35,226 37,621 [1]
Related party notes receivable - long-term 1,703 1,715 [1]
Other assets 15,170 14,801 [1]
Total assets 160,708 163,822 [1]
Current liabilities:    
Accounts payable 6,612 8,140 [1]
Accrued liabilities 7,122 7,286 [1]
Total current liabilities 13,734 15,426 [1]
Long-term portion of royalty payments 2,125 2,525 [1]
Other long-term liabilities 366 325 [1]
Total liabilities 16,225 18,276 [1]
Commitments and contingencies (Note 11)       [1]
Stockholders' equity:    
Preferred stock, $0.001 par value; 2,000 shares authorized; 883 shares issued and outstanding as of June 30, 2014 and December 31, 2013 (Liquidation preference of $6.2 million and $6.1 million as of June 30, 2014 and December 31, 2013, respectively) 3,532 3,532 [1]
Common stock, $0.001 par value per share; 70,000 shares authorized; 32,665 and 32,605 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively 32 32 [1]
Additional paid-in capital 194,751 194,156 [1]
Accumulated deficit (68,726) (67,005) [1]
Accumulated other comprehensive income 8,722 8,953 [1]
AXT, Inc. stockholders' equity 138,311 139,668 [1]
Noncontrolling interests 6,172 5,878 [1]
Total stockholders' equity 144,483 145,546 [1]
Total liabilities and stockholders' equity $ 160,708 $ 163,822 [1]
[1] Derived from the audited consolidated financial statements included in the Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2013