Bank Loans and Line of Credit (Tables)

12 Months Ended

Dec. 31, 2023

Bank Loans and Line of Credit

Schedule of bank loans and line of credit

			Loan	Interest					December 31,		December 31,
Subsidiary	Bank		Detail	Rate		Start Date	Due Date		2022		2023
Tongmei	Bank of China (1)	$	2,108	2.7	%	September-22	March-23	$	2,175	$	-
			3,935	4.6	%	January-22	January-23		4,059		-
			1,405	4.2	%	April-22	April-23		1,450		-
	Bank of China (5)		1,848	3.5	%	January-23	January-24		-		1,795
			2,184	2.8	%	March-23	March-24		-		2,118
			376	2.7	%	September-23	September-24		-		386
			876	3.5	%	November-23	November-24		-		876
			1,003	3.5	%	November-23	November-24		-		1,003
	Bank of China (3)		2,911	3.5	%	January-23	January-24		-		2,825
	Bank of Communications (2)		1,405	3.3	%	January-22	January-23		1,450		-
			1,405	3.3	%	January-22	January-23		1,450		-
	Bank of Communications (5)		1,450	3.3	%	December-22	December-23		1,450		-
			1,455	3.3	%	January-23	January-24		-		1,414
			1,380	3.8	%	May-23	May-24		-		1,414
			1,373	3.8	%	July-23	May-24		-		1,414
	China Merchants Bank (5)		4,367	3.7	%	January-23	January-24		-		4,235
	Bank of Beijing (4)		3,192	4.2	%	May-22	May-23		3,292		-
			2,290	4.2	%	January-23	January-24		-		2,220
			3,541	3.2	%	June-23	May-24		-		3,626
			1,380	3.2	%	June-23	February-24		-		1,414
			1,414	3.0	%	December-23	December-24		-		1,414
	Industrial Bank (5)		5,621	4.4	%	June-22	June-23		5,798		-
			2,811	4.4	%	September-22	September-23		2,900		-
			2,757	4.3	%	June-23	June-24		-		2,825
			2,744	4.3	%	July-23	July-24		-		2,825
			2,744	4.3	%	September-23	September-24		-		2,825
	NingBo Bank (5)		1,405	4.8	%	June-22	June-23		1,450		-
			1,405	4.8	%	August-22	August-23		1,450		-
			1,405	4.8	%	September-22	September-23		1,450		-
			1,406	4.5	%	November-22	November-23		1,450		-
			2,900	4.5	%	December-22	December-23		2,900		-
			2,744	4.2	%	August-23	September-24		-		2,820
			1,271	4.3	%	November-23	November-24		-		1,271
			2,825	4.3	%	December-23	December-24		-		2,825
	Industrial and Commercial Bank of China (5)		5,621	3.2	%	September-22	July-23		5,800		-
			2,744	3.3	%	September-23	September-24		-		2,825
	NanJing Bank (5)		2,811	4.3	%	September-22	September-23		2,899		-
			1,265	4.3	%	November-22	November-23		1,305		-
			2,752	3.8	%	October-23	October-24		-		2,752
BoYu	Industrial and Commercial Bank of China (6)		1,450	2.8	%	December-22	December-23		1,450		-
			1,414	2.7	%	December-23	December-24		-		1,414
	Bank of China (5)		1,204	2.4	%	January-23	January-24		-		849
	NingBo Bank (5)		703	4.8	%	September-22	March-23		725		-
			1,406	3.6	%	November-22	May-23		1,450		-
			725	4.8	%	December-22	June-23		725		-
			1,414	3.3	%	November-23	May-24		-		1,414
	Industrial Bank (5)		688	3.6	%	September-23	September-24		-		708
	Bank of Communications (5)		1,414	3.0	%	November-23	May-24		-		1,414
	Loan Balance							$	47,078	$	52,921

Collateral for the above bank loans and line of credit

(1) Baoding Tongmei’s land use rights and all of its buildings located at its facility in Dingxing, China.

(2) ChaoYang Tongmei’s land use rights and all of its buildings located at its facility in Kazuo, China.

(3) ChaoYang LiMei time deposit.

(4) AXT time deposit.

(5) Not collateralized.

(6) BoYu’s land use rights and its building located at its facility in Tianjin, China. In addition, the December 2023 loan attracts a guarantee fee amounting to 0.7% of the loan amount.