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Net Income (Loss) per Share (Tables)

12 Months Ended

Dec. 31, 2024

Net Income (Loss) per Share

Reconciliation of numerators and denominators of basic and diluted net income per share

A reconciliation of the numerators and denominators of the basic and diluted net income per share calculations is as follows (in thousands, except per share data):

​	​	​	​	​	​	​	​	​	​	​
​	​	Year ended								​
​	​	December 31,								​
​		2024			2023			2022
Numerator:	​	​	​	​	​	​	​	​	​	​
Net income (loss) attributable to AXT, Inc.	​	$	(11,624)	​	$	(17,881)	​	$	15,811	​
Less: Preferred stock dividends	​		(177)	​		(177)	​		(177)	​
Net income (loss) available to common stockholders	​	$	(11,801)	​	$	(18,058)	​	$	15,634	​
Denominator:	​	​	​	​	​	​	​	​	​	​
Denominator for basic net income (loss) per share - weighted-average common shares	​		43,154	​		42,643	​		42,104	​
Effect of dilutive securities:	​	​	​	​	​	​	​	​	​	​
Common stock options	​		—	​		—	​		333	​
Restricted stock awards	​		—	​		—	​		278	​
Denominator for dilutive net income (loss) per common shares	​		43,154	​		42,643	​		42,715	​
Net income (loss) attributable to AXT, Inc. per common share:	​	​	​	​	​	​	​	​	​	​
Basic	​	$	(0.27)	​	$	(0.42)	​	$	0.37	​
Diluted	​	$	(0.27)	​	$	(0.42)	​	$	0.37	​
​	​	​	​	​	​	​	​	​	​	​
Options excluded from diluted net income (loss) per share as the impact is anti-dilutive	​		1,175	​		1,198	​		220	​
Restricted stock excluded from diluted net income (loss) per share as the impact is anti-dilutive	​		1,842	​		1,258	​		291	​

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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