Company: AOSL
Filing Date: 2025-08-28
Form Type: 10-K
Source: 0001628280-25-041297
Chunk: 28

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-08-28
Form: 10-K
Item: Item 15
Chunk 28
---
 benefits$17,766 $14,945 Warranty accrual2,118 2,407 Stock rotation accrual6,184 4,660 Accrued professional fees3,399 3,198 Accrued inventory1,465 728 Accrued facilities related expenses2,184 2,137 Accrued property, plant and equipment2,704 6,986 Other accrued expenses4,755 3,822 Customer deposits17,030 32,182 ESPP payable1,422 1,306  $59,027 $72,371 Short-term customer deposits are payments received from customers for securing future product shipments.  As of June 30, 2025, $7.0 million were from Customer A, $2.0 million were from Customer B, and $8.0 million were from other customers.  As of June 30, 2024, $9.0 million were from Customer A, $8.9 million were from Customer B, and $14.3 million were from other customers.

85

The activity in the warranty accrual, included in accrued liabilities is as follows: Year Ended June 30,202520242023(in thousands)Beginning balance$2,407 $1,674 $2,650 Addition1,096 1,186 5,966 Released(700)— (2,300)Utilization(685)(453)(4,642)Ending balance$2,118 $2,407 $1,674     The activity in the stock rotation accrual, included in accrued liabilities is as follows:Year Ended June 30,202520242023(in thousands)Beginning balance$4,660 $5,588 $4,798 Addition12,834 11,044 13,950 Utilization(11,310)(11,972)(13,160)Ending balance$6,184 $4,660 $5,588 Other long-term liabilities  June 30,   20252024(in thousands)Customer deposits$7,000 $19,661 Other long-term liabilities$7,000 $19,661     Customer deposits are payments received from customers for securing future product shipments.  As of June 30, 2025, $5.0 million were from Customer A and $2