Company: AAOI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025450
Chunk: 107

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 107
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, 2025 and 2024, the inventory reserve adjustment expensed for inventory was $1.9 million and $1.4 million, respectively. For six months ended  June 30, 2025 and 2024, the inventory reserve adjustment expensed for inventory was $3.7 million and $3.1 million, respectively.
    
   For the three months ended  June 30, 2025 and 2024, the direct inventory write-offs related to scrap, discontinued products and damaged inventories were $0.9 million and $0.8 million, respectively. For the six months ended  June 30, 2025 and 2024, the direct inventory write-offs related to scrap, discontinued products and damaged inventories were $2.0 million and $1.7 million, respectively.
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   Note 8.  Property, Plant & Equipment
   ​
   Property, plant and equipment consisted of the following for the periods indicated (in thousands):
   ​
   
     ​   June 30, 2025    December 31, 2024  
 Land improvements  $806  $806 
 Buildings and improvements   128,771   118,648 
 Machinery and equipment   328,952   275,617 
 Furniture and fixtures   6,015   5,150 
 Computer equipment and software   15,880   13,369 
 Transportation equipment   683   647 
 ​   481,107   414,237 
 Less accumulated depreciation   (223,897)  (204,500)
 ​   257,210   209,737 
 Construction in progress   11,075   8,397 
 Land   1,101   1,101 
 Total property, plant and equipment, net  $269,386  $219,235 

   ​
   For the three months ended  June 30, 2025 and 2024, the depreciation expense of property, plant and equipment was $6.3 million and $5.0 million, respectively. For the six months ended  June 30, 2025 and 2024, the depreciation expense of property, plant and equipment was $11.9 million and $9.8 million, respectively. 
    
   As of