The Company and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

The Company and Summary of Significant Accounting Policies

Schedule of amounts recorded in accrued liabilities

	December 31,		December 31,
	2023		2022
Contract liabilities	$	305	$	338
During the three and twelve months ended December 31, 2023, the Company recognized $9,000 and $287,000, respectively, of revenue that was included in the contract balances as of December 31, 2022. During the three and twelve months ended December 31, 2022, the Company recognized $22,000 and $760,000 of revenue that was included in the contract balances as of December 31, 2021.

Schedule of accumulated other comprehensive income (loss)

	As of December 31,
	2023		2022
Accumulated other comprehensive loss:
Unrealized loss on investments, net	$	(20)	$	(303)
Cumulative translation adjustment		(6,530)		(3,042)
		(6,550)		(3,345)
Less: Cumulative translation adjustment attributable to noncontrolling interests and redeemable noncontrolling interests		(551)		(227)
Accumulated other comprehensive loss attributable to AXT, Inc.	$	(5,999)	$	(3,118)