Company: AOSL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001387467-25-000044
Chunk: 80

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 80
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 Per ShareWeighted AverageRemainingContractual Term(Years)Aggregate Intrinsic ValueNonvested at June 30, 2024344,125 $30.69 1.73$12,859,951 Granted209,750 $27.61 Vested(133,910)$33.60 Forfeited(10,402)$48.65 Nonvested at March 31, 2025409,563 $27.71 2.10$10,181,736 Stock Options The Company did not grant any stock options during the nine months ended March 31, 2025 and 2024.  The following table summarizes the Company’s stock option activities for the nine months ended March 31, 2025:WeightedWeightedAverage AverageRemaining Number ofExercise PriceContractual AggregateSharesPer ShareTerm (in years)Intrinsic ValueOutstanding at June 30, 202410,000 $9.07 0.13$283,000 Exercised(10,000)$9.07 $265,267 Outstanding at  March 31, 20250 $0.00 0.00$0.00 

24

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

Employee Share Purchase Plan (“ESPP”)The assumptions used to estimate the fair values of common shares issued under the ESPP were as follows:Nine Months Ended March 31,2025Volatility rate54.1%Risk-free interest rate4.4%Expected term1.3 yearsDividend yield0%Share-based Compensation Expense The total share-based compensation expense recognized in the Condensed Consolidated Statements of Loss for the periods presented was as follows:Three Months Ended March 31,Nine Months Ended March 31,2025202420252024(in thousands)(in thousands)Cost of goods sold$1,047 $1,424 $3,185 $3,140 Research and development1,890 2,163 6,018 4,586 Selling, general and administrative4,199 4,878 12,785 10,348 $7,136 $8,465 $21,988 $18,074 As of March 31, 2025, total unrecognized compensation cost under the Company’s share-based compensation plans