Company: AAOI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025450
Chunk: 5

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 5
---
000 shares authorized at $0.001 par value; 61,890 and 49,393 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively   62   49 
 Additional paid-in capital   893,927   683,462 
 Accumulated other comprehensive income   1,113   (2,548)
 Accumulated deficit   (470,121)  (451,851)
 TOTAL STOCKHOLDERS' EQUITY   424,981   229,112 
 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY  $796,850  $547,032 

​

The accompanying notes are an integral part of these condensed consolidated financial statements.​

       3

      Table of Contents

Applied Optoelectronics, Inc. and Subsidiaries

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited, in thousands, except per share data)

​

       Three months ended June 30, 

       Six months ended June 30, 

       ​ 
       
       2025 

       2024 

       2025 

       2024 

       Revenue, net 
       
      $
      102,952

      $
      43,270

      $
      202,811

      $
      83,943

       Cost of goods sold 

      71,790

      33,708

      141,105

      66,790

       Gross profit 

      31,162

      9,562

      61,706

      17,153

       Operating expenses 

       ​ 

       ​ 

       Research and development 

      20,612

      13,078

      38,422

      24,790

       Sales and marketing 

      8,135

      5,910

      13,492

      9,707

       General and administrative 

      18,391

      16,818

      34,706

      30,545

       Total operating expenses 

      47,138

      35,806

      86,620

      65,042

       Loss from operations 

      (15,976
      )

      (26,244
      )

      (24,914
      )

      (47,889
      )