Company: AAOI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025450
Chunk: 108

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 108
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  June 30, 2025, the Company concluded that its continued loss history constitutes a triggering event as described in ASC 360-10-35-21, Property, Plant, and Equipment.  The Company performed a recoverability test and concluded that future undiscounted cash flows exceed the carrying amount of the Company’s long-lived assets and therefore no impairment charge was recorded. 

   Note 9.  Intangible Assets, net
   ​
   Intangible assets consisted of the following for the periods indicated (in thousands):
   ​
   
       June 30, 2025  
 ​   Gross    Accumulated    Intangible  
 ​   Amount    amortization    assets, net  
 Patents  $10,113  $(6,632) $3,481 
 Trademarks   228   (70)  158 
 Total intangible assets  $10,341  $(6,702) $3,639 

       December 31, 2024  
 ​   Gross    Accumulated    Intangible  
 ​   Amount    amortization    assets, net  
 Patents  $9,873  $(6,355) $3,518 
 Trademarks   218   (56)  162 
 Total intangible assets  $10,091  $(6,411) $3,680 

   ​
   For the three months ended  June 30, 2025 and 2024, amortization expense for intangible assets, included in general and administrative expenses on the statement of operations, was $0.2 million and $0.1 million, respectively. For the six months ended  June 30, 2025 and 2024, amortization expense for intangible assets, included in general and administrative expenses on the statement of operations, was $0.3 million and $0.2 million, respectively. The remaining weighted average amortization period for intangible assets is approximately 8.3 years.
    
   On  June 30, 2025, future amortization expenses for intangible assets for future periods are estimated to be (in thousands):

     2025 (remaining 6 months)  $220 
 2026   435 
 2027   435 
 2028   435