Company: AOSL
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001387467-25-000017
Chunk: 17

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-02-06
Form: 10-Q
Item: Item 1
Chunk 17
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, 2024, the Company owned a 42.8% equity interest in the JV Company, which, by definition, is a related party to the Company.  The JV Company supplies 12-inch wafers and provides assembly and testing services to AOS.  AOS previously sold 8-inch wafers to the JV Company for further assembly and testing services until January 1, 2023, when it changed to consigning the 8-inch wafers to the JV Company.  Due to the right of offset of receivables and payables with the JV Company, as of December 31, 2024, AOS recorded the net amount of $18.1 million as payable related to equity investee, net, in the Condensed Consolidated Balance Sheet.  The purchases by AOS for the three and six months ended December 31, 2024 were $28.2 million and $56.5 million, respectively, and the sales by AOS for the three and six months ended December 31, 2024 were $3.1 million and $5.3 million, respectively.  The purchases by AOS for the three and six months ended December 31, 2023 were $28.6 million and $58.4 million, respectively, and the sales by AOS for the three and six months ended December 31, 2023 were $3.0 million and $3.7 million, respectively.

13

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

4. Net Income (Loss) Per Common Share

The following table presents the calculation of basic and diluted net income (loss) per share attributable to common shareholders: Three Months Ended December 31, Six Months Ended December 31, 2024202320242023(in thousands, except per share data)Numerator:Net income (loss)$(6,614)$(2,923)$(9,110)$2,863 Denominator:Basic:Weighted average number of common shares used to compute basic net income (loss) per share29,163 27,939 29,083 27,816 Diluted:Weighted average number of common shares used to compute basic net income (loss) per share29,163 27,939 29,083 27,