Company: AAOI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015518
Chunk: 91

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 91
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 ​   2025    2024  
 Weighted Average Remaining Lease Term (Years) - operating leases   10.60   4.81 
 Weighted Average Discount Rate - operating leases   3.10%  3.13%

   Supplemental cash flow information related to the leases was as follows for the periods indicated (in thousands):

       Three months ended March 31,  
 ​   2025    2024  
 Cash paid for amounts included in the measurement of lease liabilities   ​    ​  
 Operating cash flows from operating leases  $491  $324 

   ​

       10

   Note 5.  Cash, Cash Equivalents and Restricted Cash
   ​
   The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the statement of financial position that sum to the total of the same such amounts in the statement of cash flows (in thousands):

       March 31,    December 31,  
 ​   2025    2024  
 Cash and cash equivalents  $51,144  $67,428 
 Restricted cash   15,667   11,705 
 Total cash, cash equivalents and restricted cash shown in the statement of cash flows  $66,811  $79,133 

   ​
   Restricted cash includes guarantee deposits for customs duties, a China government subsidy fund, and deposits as collateral in order to secure bank acceptance notes issued to vendors. As of  March 31, 2025 and  December 31, 2024, there were $12.2 million and $8.5 million of restricted cash required for bank acceptance notes issued to vendors, respectively. In addition, as of  March 31, 2025 and  December 31, 2024 certificates of deposit associated with credit facilities with a bank in China were both $2.5 million. There were $0.9 million and $0.7 million guarantee deposits for customs duties as of  March 31, 2025 and  December 31, 2024 respectively.
   ​

   Note 6.  Earnings (Loss) Per Share
   ​
   Basic net loss per share has been computed using the weighted-average number of shares of common stock outstanding during