Company: AOSL
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001387467-25-000017
Chunk: 29

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-02-06
Form: 10-Q
Item: Item 1
Chunk 29
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 during the three and six months ended December 31, 2024, respectively, and $0.8 million and $1.2 million of expense for the three and six months ended December31, 2023, respectively. The following table summarizes the Company’s PRSUs activities for the six months ended December 31, 2024: Number of Performance-based Restricted StockUnitsWeighted AverageGrant Date FairValue Per ShareWeighted AverageRemainingContractual Term(Years)Aggregate Intrinsic ValueNonvested at June 30, 2024344,125 $30.69 1.73$12,859,951 Nonvested at December 31, 2024344,125 $30.69 1.25$12,742,949 Stock Options The Company did not grant any stock options during the six months ended December 31, 2024 and 2023.  The following table summarizes the Company’s stock option activities for the six months ended December 31, 2024: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 December 31, 20240 $0.00 0.00$0.00 Employee Share Purchase Plan (“ESPP”)The assumptions used to estimate the fair values of common shares issued under the ESPP were as follows: Six Months Ended December 31,2024Volatility rate54.1%Risk-free interest rate4.4%Expected term1.3 yearsDividend yield0%

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

Share-based Compensation Expense The total share-based compensation expense recognized in the Condensed Consolidated Statements of Income (Loss) for the periods presented was as follows:Three Months Ended December 31, Six Months Ended December 31,2024202320242023(in thousands)(in thousands)Cost of goods sold$1,123 $1,504 $2,138 $1,716 Research and development2,193 2,417 4,128 2,423 Selling, general