Company: AAOI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015518
Chunk: 103

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 103
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   185   188 
 Accrued commission expenses   912   768 
 Accrued professional fees   309   406 
 Accrued product warranty   319   277 
 Accrued other   891   1,561 
 Total accrued liabilities  $20,488  $22,091 

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   Note 14.  Other Income and Expense
   ​
   Other income and expense consisted of the following for the periods indicated (in thousands):

       Three months ended March 31,  
 ​   2025    2024  
 Loss on disposal of assets  $(8) $(1)
 Government subsidy income   182   48 
 Foreign Exchange Gain (Loss)   272   (240)
 Other non-operating gain   29   85 
 Total other income (expenses) , net  $475  $(108)

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   Note 15.  Share-Based Compensation
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   Equity Plans
   ​
   The Company’s board of directors and stockholders approved the following equity plans:
   ​
     ●  the 2013 Equity Incentive Plan ("2013 Plan") 

     ●  the 2021 Equity Incentive Plan ("2021 Plan") 
 ●the 2023 Equity Inducement Plan ("Inducement Plan")

   The Company has issued stock options, restricted stock awards ("RSAs") and restricted stock units ("RSUs") to employees, consultants and non-employee directors. Stock option awards generally vest over a four-year period and have a maximum term of ten years. Stock options under these plans have been granted with an exercise price equal to the fair market value on the date of the grant. Nonqualified and Incentive Stock Options, RSAs and RSUs  may be granted from these plans.
   ​

       15

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   Performance Based Incentive Plan
    
   ​Starting in 2021, certain senior executives were granted performance stock units ("PSUs") under our Amended and Restated 2021 Equity Incentive Plan ("2021 Plan"), which generally vest over a three-year period subject to achievement of certain pre-established performance metrics. The number of shares of common stock that would ultimately be issued to settle PSUs granted ranged from 0% to 200% of the target number of shares granted. We estimate the