Company: AOSL
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001387467-25-000017
Chunk: 52

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-02-06
Form: 10-Q
Item: Item 1
Chunk 52
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, Six Months Ended December 31, 20242023Change20242023Change (in thousands)(in thousands)(in percentage)(in thousands)(in thousands)(in percentage)Other income (loss), net$663 $(472)$1,135 (240.5)%$13 $(446)$459 (102.9)%

Other income (loss), net was increased in the three and six months ended December 31, 2024 as compared to the same periods last year primarily due to decrease in foreign currency exchange loss as a result of the depreciation of RMB against USD.

Interest income

38

Three Months Ended December 31, Six Months Ended December 31,20242023Change20242023Change(in thousands)(in thousands)(in percentage)(in thousands)(in thousands)(in percentage)Interest income$1,135 $1,323 $(188)(14.2)%$2,400 $2,644 $(244)(9.2)%

Interest income was decreased in the three and six months ended December 31, 2024 as compared to the same periods last year primarily due to lower interest rates in the current periods.

Interest expense

Three Months Ended December 31, Six Months Ended December 31,20242023Change20242023Change (in thousands)(in thousands)(in percentage)(in thousands)(in thousands)(in percentage)Interest expenses$(701)$(1,049)$348 (33.2)%$(1,513)(2,141)$628 (29.3)%

Interest expense was decreased in the three and six months ended December 31, 2024 as compared to the same periods last year primarily due to less outstanding loan balance in the current periods.

Income tax expense  

Three Months Ended December 31, Six Months Ended December 31, 20242023Change20242023Change (in thousands)(in thousands)(in percentage)(in thousands)(in thousands)(in percentage)Income tax expense $1,242 $894 $348 38.9 %$2,282 $2,032 $250 12.3 %

The Company recognized income tax expense of approximately $1.2 million and $0.9 million for the three months ended December 31, 2024 and 2023, respectively.  The income tax expense of $1.2 million for the three months ended December 31, 2024 included a $0.1 million