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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 24,875,000 $ 28,814,000
Short-term investments 11,437,000 12,340,000
Accounts receivable, net of allowances of $985 and $823 as of December 31, 2015 and December 31, 2014 18,468,000 17,864,000
Inventories 38,012,000 38,574,000
Related party notes receivable - current   171,000
Prepaid expenses and other current assets 4,096,000 5,430,000
Total current assets 96,888,000 103,193,000
Long-term investments 7,691,000 7,783,000
Property, Plant and Equipment, Net. 31,422,000 33,862,000
Related party notes receivable - long-term 1,781,000 1,704,000
Other assets 14,114,000 14,975,000
Total assets 151,896,000 161,517,000
Current liabilities:    
Accounts payable 6,460,000 7,137,000
Accrued liabilities 6,381,000 7,634,000
Total current liabilities 12,841,000 14,771,000
Long-term portion of royalty payments 1,150,000 1,725,000
Other long-term liabilities 344,000 333,000
Total liabilities $ 14,335,000 $ 16,829,000
Commitments and contingencies (Note 17)
Stockholders' equity:    
Common stock, $0.001 par value; 70,000 shares authorized; 32,548 and 32,837 shares issued and outstanding as of December 31, 2015 and December 31, 2014 $ 32,000 $ 32,000
Additional paid-in-capital 194,646,000 195,419,000
Accumulated deficit (70,621,000) (68,393,000)
Accumulated other comprehensive income 4,382,000 7,673,000
Total AXT, Inc. stockholders' equity 131,971,000 138,263,000
Noncontrolling interests 5,590,000 6,425,000
Total stockholders' equity 137,561,000 144,688,000
Total liabilities and stockholders' equity 151,896,000 161,517,000
Series A Preferred Stock    
Stockholders' equity:    
Preferred stock, $0.001 par value; 2,000 shares authorized; 883 shares issued and outstanding as of December 31, 2015 and December 31, 2014 (Liquidation preference of $6.5 million and $6.3 million as of December 31, 2015 and December 31, 2014.) $ 3,532,000 $ 3,532,000