Company: AOSL
Filing Date: 2025-08-28
Form Type: 10-K
Source: 0001628280-25-041297
Chunk: 8

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-08-28
Form: 10-K
Item: Item 15
Chunk 8
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 operating activitiesNet income (loss) $(96,976)$(11,081)$12,364 Adjustments to reconcile net income (loss) to net cash provided by operating activities:Depreciation and amortization62,396 53,757 43,207 Equity method investment loss77,805 4,789 1,411 Share-based compensation expense29,569 21,641 37,488 Deferred income taxes, net(13,274)(880)(1,418)Loss on disposal of property and equipment80 78 182 Impairment of property and equipment1,045 — — Impairment of privately-held investment100 — — Changes in operating assets and liabilities:Accounts receivable(22,226)9,873 43,262 Inventories6,073 (12,503)(25,207)Other current and long-term assets(465)1,927 (18,695)Payable related to equity investee, net2,127 1,731 (17,038)Accounts payable13,289 (2,406)(19,568)Income taxes payable(399)(1,974)1,957 Deferred revenue(2,591)(5,482)8,073 Accrued and other liabilities(26,885)(33,760)(45,545)Net cash provided by operating activities29,668 25,710 20,473 Cash flows from investing activitiesPurchases of property and equipment (37,180)(37,088)(110,428)Proceeds from sale of property and equipment61 383 167 Government grants related to equipment 678 961 631 Net cash used in investing activities(36,441)(35,744)(109,630)Cash flows from financing activitiesWithholding tax on restricted stock units(10,698)(7,678)(6,381)Proceeds from exercise of stock options and ESPP7,801 10,114 8,978 Payments for repurchase of common shares— — (13,432)Proceeds from borrowings— — 8,632 Repayments of borrowings(11,664)(11,472)(26,598)Principal payments on finance leases(935)(867)(810)Net cash used in financing activities(15,496)(9,903)(29,611)Effect of exchange rate changes on cash, cash equivalents and restricted