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Stockholders' Equity and Stock Repurchase Program
 3 Months Ended
Mar. 31, 2015
Stockholders' Equity and Stock Repurchase Program [Abstract]  
Stockholders' Equity and Stock Repurchase Program

Note 7. Stockholders’ Equity and Stock Repurchase Program
 
Consolidated Statements of Changes in Equity

  
Preferred
Stock
  
Common
Stock
  
Additional
PaidInCapital
  
Accumulated
Deficit
  
Other
Comprehensive
Income/(loss)
  
AXT,Inc.
stockholders’
equity
  
Noncontrolling
interests
  
Total
stockholders’
equity
 
Balance as of December 31, 2014
 
$
3,532
  
$
32
  
$
195,419
  
$
(68,393
)
 
$
7,673
  
$
138,263
  
$
6,425
  
$
144,688
 
Common stock options exercised
          
76
           
76
       
76
 
Common stock repurchased
          
(617
)
          
(617
)
      
(617
)
Stock-based compensation
          
274
           
274
       
274
 
Net (loss) income
              
(1,024
)
      
(1.024
)
  
125
   
(899
)
Dividends declared by joint ventures
                          
(83
)
  
(83
)
Change in unrealized (loss) gain on marketable securities
                  
(259
)
  
(259
)
      
(259
)
Currency translation adjustment
                  
206
   
206
   
32
   
238
 
Balance as of March 31, 2015
 
$
3,532
  
$
32
  
$
195,152
  
$
(69,417
)
 
$
7,620
  
$
136,919
  
$
6,499
  
$
143,418
 

There were no reclassification adjustments from accumulated other comprehensive income for the three months ended March 31, 2015 and March 31, 2014.

Stock Repurchase Programs

On February 21, 2013, our Board of Directors approved a stock repurchase program pursuant to which we may repurchase up to $6.0 million of our outstanding common stock through February 27, 2014. These purchases can be made from time to time in the open market and are funded from our existing cash balances and cash generated from operations. During 2013, we repurchased approximately 285,000 shares at an average price of $2.51 per share for a total purchase price of $716,000 under the stock repurchase program. As of December 31, 2013, approximately $5.3 million remained available for future repurchases under this program. No shares were repurchased in 2014 under this program and the plan expired on February 27, 2014. On October 27, 2014, our Board of Directors approved a stock repurchase program pursuant to which we may repurchase up to $5.0 million of our outstanding common stock.  These repurchases can be made from time to time in the open market and are funded from our existing cash balances and cash generated from operations. During the three months ended March 31, 2015, we repurchased approximately 230,000 shares at an average price of $2.67 per share for a total purchase price of $617,000 under the stock repurchase program. As of March 31, 2015, approximately $4.4 million remained available for future repurchases under this program. See Item 2, Unregistered Sales of Equity Securities and Use of Proceeds in Part II, Other Information, for additional information.