Company: AAOI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033627
Chunk: 115

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 115
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 in China were $0 and $2.5 million, respectively. There were $1.0 million and $0.7 million guarantee deposits for customs duties as of  September 30, 2025 and  December 31, 2024 respectively. There were $3.0 million and $0 government subsidy funds as of  September 30, 2025 and  December 31, 2024, respectively.

   Note 6. Loss Per Share
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   Basic net loss per share has been computed using the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share has been computed using the weighted-average number of shares of common stock and dilutive potential common shares from stock options, restricted stock units and senior convertible notes outstanding during the period. In periods with net losses, normally dilutive shares become anti-dilutive. Therefore, basic and diluted loss per share are the same. On  March 13, 2025, the Company issued 7,945,399 stock warrants to a subsidiary of Amazon, and 1,324,233 warrants have been vested upon signing the warrant agreement. For the three months ended  September 30, 2025,  such warrants are in the money, the warrants are considered dilutive instruments; For the nine months ended  September 30, 2025, such warrants are out of money, they are not considered dilutive instruments. 
   ​
   The following table sets forth the computation of the basic and diluted net loss per share for the periods indicated (in thousands):

       Three months ended September 30,    Nine months ended September 30,  
   2025    2024    2025    2024  
 Numerator:             
 Net loss  $(17,936) $(17,757) $(36,206) $(67,042)
 Denominator:             
 Weighted average shares used to compute net loss per share             
 Basic   63,329   42,312   56,762   40,021 
 Diluted   63,329   42,312   56,762   40,021 
 Net loss per share             
 Basic  $(0.28) $(0.42) $(0.64) $(1.68)
 Dil