Company: AAOI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033627
Chunk: 32

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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ed professional fees 

       563

       406

        Accrued product warranty 

       454

       277

        Accrued other 

       1,762

       1,561

        Total accrued liabilities 
        
       $
       34,135

       $
       22,091

   ​

   Note 14.  Other Income and Expense
   ​
   Other income and expense consisted of the following for the periods indicated (in thousands):

        Three months ended September 30, 

        Nine months ended September 30, 

        2025 

        2024 

        2025 

        2024 

        Government subsidy income 
        
       $
       3,219

       $
       43

       $
       4,717

       $
       370

        Foreign exchange gain (loss) 

       (2,438
       )

       172

       3,915

       216

        Other non-operating gain (loss) 

       (79
       )

       121

       (45
       )

       1,371

        Total other income (expenses) , net 
        
       $
       702

       $
       336

       $
       8,587

       $
       1,957

   ​

   Note 15.  Share-Based Compensation
   ​
   Equity Plans
   ​
   The Company’s board of directors and stockholders approved the following equity plans:
   ​
     ●  the 2021 Equity Incentive Plan ("2021 Plan") 
 ●the 2023 Equity Inducement Plan ("Inducement Plan")

   The Company has issued stock options, restricted stock awards ("RSAs") and restricted stock units ("RSUs") to employees, consultants and non-employee directors. Stock option awards generally vest over a four-year period and have a maximum term of ten years. Stock options under these plans have been granted with an exercise price equal to the fair market value on the date of the grant. Nonqualified and Incentive Stock Options, RSAs and RSUs  may be granted from these plans.
   ​

       17

   Performance Based Incentive Plan
    
   ​Starting in 2021, certain senior executives were granted performance stock units ("PSUs") under our Amended and Restated 2021 Equity Incentive Plan ("2021 Plan