Company: AAOI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033627
Chunk: 118

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 118
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 157 
 Total intangible assets  $10,428  $(6,788) $3,640 

       December 31, 2024  
   Gross    Accumulated    Intangible  
   Amount    amortization    assets, net  
 Patents  $9,873  $(6,355) $3,518 
 Trademarks   218   (56)  162 
 Total intangible assets  $10,091  $(6,411) $3,680 

   ​
   For the three months ended  September 30, 2025 and 2024, amortization expense for intangible assets, included in general and administrative expenses on the statement of operations, was $0.1 million and $0.1 million, respectively. For the nine months ended  September 30, 2025 and 2024, amortization expense for intangible assets, included in general and administrative expenses on the statement of operations, was $0.3 million and $0.3 million, respectively. The remaining weighted average amortization period for intangible assets is approximately 8.1 years.
    
   On  September 30, 2025, future amortization expenses for intangible assets for future periods are estimated to be (in thousands):

     2025 (remaining 3 months)  $113 
 2026   451 
 2027   451 
 2028   451 
 2029   451 
 2030 and thereafter   1,723 
  $3,640 

   Note 10.  Fair Value of Financial Instruments​
   ​
   The carrying value amounts of cash and cash equivalents, restricted cash, accounts receivable, prepaid expenses, notes receivable and other current assets, accounts payable, accrued expenses, bank acceptance payable and other current liabilities approximate fair value because of the short-term maturity of these instruments. The Company believes that the interest rates in effect at each period end represent the current market rates for similar borrowings. 
    
   The Company's accounts receivable was $224.0 million as of  September 30, 2025. Of this amount, $193.7 million was due from DigiComm International Inc. For the three months ended  September 30, 2025 and 2024, our top