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Stockholders' Equity and Stock Repurchase Program (Tables)
12 Months Ended
Dec. 31, 2022
Stockholders' Equity and Stock Repurchase Program  
Schedule of changes in ownership interest in consolidated subsidiaries

As of December 31, 

    

2022

2021

Net income attributable to AXT, Inc.

$

15,811

    

$

14,575

Decrease in additional paid-in capital for:

 

 

Investment in subsidiary with noncontrolling interest

 

(937)

 

Purchase of subsidiary shares from noncontrolling interests

(2,691)

Formation of new subsidiary with noncontrolling interests

(262)

Adjustment to noncontrolling interests in connection with the reorganization and alignment of assets under Tongmei

(1,229)

Changes in AXT, Inc.'s ownership interests in consolidated subsidiaries

(1,241)

Net transfers to noncontrolling interests

(937)

(5,423)

Change from net income attributable to AXT, Inc., net of transfers to noncontrolling interests

$

14,874

$

9,152