CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
Revenue	$ 23,557	$ 20,495	$ 44,173	$ 39,208
Cost of revenue	16,301	14,468	30,629	27,928
Gross profit	7,256	6,027	13,544	11,280
Operating expenses:
Selling, general and administrative	3,942	3,419	7,735	6,793
Research and development	1,019	1,472	2,143	2,853
Restructuring charge		226		226
Total operating expenses	4,961	5,117	9,878	9,872
Income from operations	2,295	910	3,666	1,408
Interest income, net	114	100	212	198
Equity in loss of unconsolidated joint ventures	(188)	(400)	(1,121)	(856)
Other (expense) income, net	(102)	328	(54)	518
Income before provision for income taxes	2,119	938	2,703	1,268
Provision for income taxes	321	140	480	537
Net income	1,798	798	2,223	731
Less: Net loss attributable to noncontrolling interests	132	353	372	462
Net income attributable to AXT, Inc.	$ 1,930	$ 1,151	$ 2,595	$ 1,193
Net income attributable to AXT, Inc. per common share:
Basic (in dollars per share)	$ 0.05	$ 0.03	$ 0.07	$ 0.03
Diluted (in dollars per share)	$ 0.05	$ 0.03	$ 0.07	$ 0.03
Denominator:
Basic (in shares)	38,306	32,020	36,238	32,011
Diluted (in shares)	39,706	32,451	37,645	32,354