XML 16 R5.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)        
Net income (loss) $ (5,353) $ 6,545 $ (9,019) $ 10,517
Other comprehensive loss, net of tax:        
Change in foreign currency translation loss, net of tax (7,245) (7,063) (6,358) (6,473)
Change in unrealized gain (loss) on available-for-sale debt investments, net of tax 77 (73) 188 (244)
Total other comprehensive loss, net of tax (7,168) (7,136) (6,170) (6,717)
Comprehensive income (loss) attributable to AXT, Inc. (12,521) (591) (15,189) 3,800
Less: Comprehensive (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests 1,517 145 1,695 (753)
Comprehensive income (loss) attributable to AXT, Inc. $ (11,004) $ (446) $ (13,494) $ 3,047