CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Revenue	$ 19,405	$ 39,653
Cost of revenue	14,295	26,345
Gross profit	5,110	13,308
Operating expenses:
Selling, general and administrative	5,952	6,450
Research and development	3,595	3,159
Total operating expenses	9,547	9,609
Income (loss) from operations	(4,437)	3,699
Interest expense, net	(397)	(183)
Equity in income of unconsolidated joint ventures	1,034	1,125
Other income (expense), net	282	(9)
Income (loss) before provision for income taxes	(3,518)	4,632
Provision for income taxes	148	660
Net income (loss)	(3,666)	3,972
Less: Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests	318	(807)
Net income (loss) attributable to AXT, Inc.	$ (3,348)	$ 3,165
Net income (loss) attributable to AXT, Inc. per common share:
Basic	$ (0.08)	$ 0.07
Diluted	$ (0.08)	$ 0.07
Weighted-average number of common shares outstanding:
Basic	42,498	41,871
Diluted	42,498	42,662