Company: AOSL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001387467-25-000044
Chunk: 76

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 76
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 leases:     Fixed rent expense$1,611 $1,356 $4,756 $4,399      Variable rent expense289 307 828 819 Finance lease:     Amortization of equipment128 128 385 385      Interest50 67 164 214 Short-term leases     Short-term lease expenses48 41 122 128                Total lease expenses$2,126 $1,899 $6,255 $5,945 

21

ALPHA AND OMEGA SEMICONDUCTOR LIMITEDNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Supplemental balance sheet information related to the Company’s operating and finance leases is as follows (in thousands, except lease term and discount rate):March 31, 2025June 30,2024Operating Leases:     Right-of-use assets associated with operating leases$22,050 $25,050 Finance Lease:     Property, plant and equipment, gross$5,133 $5,133      Accumulated depreciation(1,556)(1,171)          Property, plant and equipment, net$3,577 $3,962 Weighted average remaining lease term (in years)     Operating leases5.195.54     Finance lease2.503.25Weighted average discount rate     Operating leases4.87 %4.91 %     Finance lease7.51 %7.51 %Supplemental cash flow information related to the Company’s operating and finance leases is as follows (in thousands):Nine Months Ended March 31,20252024Cash paid for amounts included in the measurement of lease liabilities:     Operating cash flows from operating leases$4,830 $4,804      Operating cash flows from finance lease$164 $214      Financing cash flows from finance lease$694 $644 Non-cash investing and financing information:    Operating lease right-of-use assets obtained in exchange for lease obligations$945 $3,954 Future minimum lease payments are as follows as of March 31, 2025 (in thousands):Year ending June 30,Operating LeasesFinance LeasesThe remainder of fiscal 2025$1,589 $286 20265,730 1,144 20274,829 1