Company: COHU
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001437749-25-024281
Chunk: 41

Company: COHU INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 41
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,655

			Research and development

			21,674

			20,341

			43,607

			41,843

			Selling

			13,320

			13,049

			26,445

			27,525

			General & administrative

			12,783

			14,749

			24,984

			31,788

			Amortization of purchased intangible assets

			10,081

			9,748

			19,933

			19,543

			Stock-based compensation

			5,675

			5,583

			11,905

			10,211

			Other segment items (1)

			(1,195
			)

			(1,803
			)

			4,073

			(3,432
			)

			Loss before taxes

			$
			(14,831
			)
			 
			$
			(14,483
			)
			 
			$
			(40,797
			)
			 
			$
			(30,818
			)

			(1)

			Other segment items include restructuring charges as well as miscellaneous non-operating items.

For revenues by geography and information on customer concentration, see Note 1, “Summary of Significant Accounting Policies”.

25

Cohu, Inc.

Notes to Unaudited Condensed Consolidated Financial Statements

June 28, 2025

			11. 

			Leases

We lease certain of our facilities, equipment and vehicles under non-cancelable operating and finance leases. Leases with initial terms of 12 months or less are not recorded on the condensed consolidated balance sheet, but we recognize those lease payments in the condensed consolidated statements of operations on a straight-line basis over the lease term. Lease and non-lease components are included in the calculation of the ROU asset and lease liabilities.

Our leases have remaining lease terms of 1 year to 33 years, some of which include one or more options to extend the lease for up to 25 years. Our lease terms include renewal terms when we are reasonably certain that we will exercise the renewal options. We sublease certain leased assets to third parties, mainly as a result of unused space in our facilities.

Supplemental balance sheet information related to leases