Company: AOSL
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001387467-25-000066
Chunk: 13

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 13
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ANCIAL STATEMENTS (Unaudited)

Other long-term assets:September 30,2025June 30,2025(in thousands)Prepayments for property and equipment$1,844 $1,973 Customs deposit824 814 Deposit with supplier18,080 18,080 Office leases deposits971 1,358 Other471 541  $22,190 $22,766 Accrued liabilities: September 30,2025June 30,2025(in thousands)Accrued compensation and benefits$22,999 $17,766 Warranty accrual2,082 2,118 Stock rotation accrual5,659 6,184 Accrued professional fees3,315 3,399 Accrued inventory465 1,465 Accrued facilities related expenses2,793 2,184 Accrued property, plant and equipment2,839 2,704 Other accrued expenses4,871 4,755 Customer deposits19,625 17,030 ESPP payable3,528 1,422  $68,176 $59,027 Short-term customer deposits are payments received from customers for securing future product shipments.  As of September 30, 2025, $7.0 million for such deposits were from Customer A, $2.0 million were from Customer B, and $10.6 million were from other customers.  As of June 30, 2025, $7.0 million were from Customer A, $2.0 million were from Customer B, and $8.0 million were from other customers.The activities in the warranty accrual, included in accrued liabilities, are as follows:Three Months Ended September 30,20252024(in thousands)Beginning balance$2,118 $2,407 Additions 163 341 Released— (700)Utilization(199)(200)Ending balance$2,082 $1,848 

14

ALPHA AND OMEGA SEMICONDUCTOR LIMITEDNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

The activities in the stock rotation accrual, included in accrued liabilities, are as follows:Three Months Ended September 30,20252024(in thousands)Beginning balance$6,184 $4,660 Additions3,598 2,251