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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 25,793 $ 24,961
Short-term investments 15,366 12,499 [1]
Accounts receivable, net of allowances of $987 and $1,054 as of September 30, 2014 and December 31, 2013, respectively 21,079 14,943 [1]
Inventories 36,648 39,127 [1]
Prepaid expenses and other current assets 5,914 8,010 [1]
Total current assets 104,800 99,540 [1]
Long-term investments 7,332 10,145 [1]
Property, plant and equipment, net 34,663 37,621 [1]
Related party notes receivable - long-term 1,874 1,715 [1]
Other assets 15,216 14,801 [1]
Total assets 163,885 163,822 [1]
Current liabilities:    
Accounts payable 9,480 8,140 [1]
Accrued liabilities 6,790 7,286 [1]
Total current liabilities 16,270 15,426 [1]
Long-term portion of royalty payments 1,925 2,525 [1]
Other long-term liabilities 323 325 [1]
Total liabilities 18,518 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 September 30, 2014 and December 31, 2013 (Liquidation preference of $6.2 million and $6.1 million as of September 30, 2014 and December 31, 2013, respectively) 3,532 3,532 [1]
Common stock, $0.001 par value per share; 70,000 shares authorized; 32,771 and 32,605 shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively 32 32 [1]
Additional paid-in capital 195,151 194,156 [1]
Accumulated deficit (68,082) (67,005) [1]
Accumulated other comprehensive income 8,333 8,953 [1]
Total AXT, Inc. stockholders' equity 138,966 139,668 [1]
Noncontrolling interests 6,401 5,878 [1]
Total stockholders' equity 145,367 145,546 [1]
Total liabilities and stockholders' equity $ 163,885 $ 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.