Company: AOSL
Filing Date: 2025-08-28
Form Type: 10-K
Source: 0001628280-25-041297
Chunk: 27

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-08-28
Form: 10-K
Item: Item 15
Chunk 27
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23,119 Property, plant and equipment, net$314,097 $336,619 Total depreciation expense was $54.2 million, $50.5 million and $40.4 million for fiscal years 2025, 2024 and 2023, respectively.The Company capitalized $0.2 million, $0.6 million and $0.5 million of software development costs during the fiscal years 2025, 2024 and 2023, respectively.  Amortization of capitalized software development costs was $0.5 million in fiscal year 2025, $0.6 million in fiscal year 2024 and $0.4 million in fiscal year 2023.  Unamortized capitalized software development costs in each of the periods presented at June 30, 2025 and 2024 were $0.7 million and $1.0 million, respectively. Other long-term assetsJune 30,   20252024(in thousands)Prepayments for property and equipment$1,973 $620 Investment in privately held companies— 100 Customs deposit 814 652 Deposit with supplier18,080 22,117 Office leases deposits1,358 1,418 Other541 332  $22,766 $25,239 

84

Intangible assets, net June 30,   20252024(in thousands)Patents and technology rights$18,037 $18,037 Trade name268 268 Customer relationships1,150 1,150 19,455 19,455 Less: accumulated amortization(19,455)(16,208)— 3,247 Goodwill269 269 Intangible assets, net$269 $3,516 The Company is amortizing intangible assets of patents and technology rights related to a license agreement with STMicroelectronics International N.V.  Amortization expense for intangible assets was $3.2 million, $3.2 million and $3.3 million for the years ended June 30, 2025, 2024 and 2023, respectively.  The estimated useful lives for patents and technology rights and trade name were five years and ten years, respectively.  All intangible assets were fully amortized in as of June 30, 2025.Accrued liabilities June 30,   20252024(in thousands)Accrued compensation and