Company: AOSL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001387467-25-000044
Chunk: 70

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 70
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 not experienced any significant bad debt write-offs of accounts receivable in the past.  The Company closely monitors the aging of accounts receivable from its distributors and direct customers, and regularly reviews their financial positions, where available.Summarized below are individual customers whose revenue or accounts receivable balances were 10% or higher than the respective total consolidated amounts:Three Months Ended March 31,Nine Months Ended March 31,Percentage of revenue2025202420252024Customer A22.9 %25.0 %22.1 %26.1 %Customer B50.5 %46.4 %51.6 %44.8 % March 31,2025June 30,2024Percentage of accounts receivableCustomer A 10.0 %*Customer B 47.7 %*Customer C *33.4 %Customer D*33.4 %

* Less than 10%

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

6. Balance Sheet Components 

Accounts receivable, net:  March 31,2025June 30,2024(in thousands)Accounts receivable$74,783 $54,265 Less: Allowance for price adjustments(46,313)(41,689)Less: Allowance for credit losses(30)(30)Accounts receivable, net$28,440 $12,546 Inventories:  March 31,2025June 30,2024(in thousands)Raw materials$80,805 $78,064 Work-in-process90,162 87,898 Finished goods17,159 29,788  $188,126 $195,750 Other current assets: March 31,2025June 30,2024(in thousands)Value-added tax receivable$385 $304 Other prepaid expenses2,453 1,822 Prepaid insurance826 4,623 Prepaid maintenance1,292 2,195 Deposit with supplier5,308 1,301 Prepaid income tax1,259 819 Interest receivable247 383 Short term deposit510 21 Other receivables975 2,697 $13,255 $14,165 

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ALPHA AND OMEGA SEMICONDUCTOR LIMITEDNOTES TO CON