Company: AAOI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025450
Chunk: 10

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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 region, see Note 17, "Segment and Geographic Information."
    
   Revenue is also classified by major product categories and is presented below (in thousands):
   ​
   
       Three months ended June 30,  
       % of        % of  
 ​   2025    Revenue    2024    Revenue  
 CATV  $56,019   54.4% $5,818   13.4%
 Data Center   44,791   43.5%  34,352   79.4%
 Telecom   1,940   1.9%  2,379   5.5%
 Other   202   0.2%  721   1.7%
 Total Revenue  $102,952   100.0% $43,270   100.0%

       Six months ended June 30,  
 ​       % of        % of  
 ​   2025    Revenue    2024    Revenue  
 CATV  $120,520   59.4% $14,554   17.3%
 Data Center   76,841   37.9%  63,338   75.5%
 Telecom   4,876   2.4%  4,648   5.5%
 Other   574   0.3%  1,403   1.7%
 Total Revenue  $202,811   100.0% $83,943   100.0%

       10

   Unearned Revenue
   ​
   We record unearned revenues when cash payments are received or due in advance of our performance, including amounts which are refundable. Unearned revenues solely relate to statement of work with Microsoft regarding contract prices allocated to the performance obligations that are unsatisfied, or partially unsatisfied, as of the balance sheet dates. Unearned revenue balance as of  June 30, 2025 and  December 31, 2024 were both zero. For the three months ended  June 30, 2025 and 2024, revenue recognized from the unearned revenue balance was $0 and $0.1 million, respectively. For the six months ended  June 30, 2025 and 2024