Company: AAOI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025450
Chunk: 18

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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ents  $10,113  $(6,632) $3,481 
 Trademarks   228   (70)  158 
 Total intangible assets  $10,341  $(6,702) $3,639 

       December 31, 2024  
 ​   Gross    Accumulated    Intangible  
 ​   Amount    amortization    assets, net  
 Patents  $9,873  $(6,355) $3,518 
 Trademarks   218   (56)  162 
 Total intangible assets  $10,091  $(6,411) $3,680 

   ​
   For the three months ended  June 30, 2025 and 2024, amortization expense for intangible assets, included in general and administrative expenses on the statement of operations, was $0.2 million and $0.1 million, respectively. For the six months ended  June 30, 2025 and 2024, amortization expense for intangible assets, included in general and administrative expenses on the statement of operations, was $0.3 million and $0.2 million, respectively. The remaining weighted average amortization period for intangible assets is approximately 8.3 years.
    
   On  June 30, 2025, future amortization expenses for intangible assets for future periods are estimated to be (in thousands):

     2025 (remaining 6 months)  $220 
 2026   435 
 2027   435 
 2028   435 
 2029   435 
 2030 and thereafter   1,679 
  $3,639 

   Note 10.  Fair Value of Financial Instruments​
   ​
   The carrying value amounts of cash and cash equivalents, restricted cash, accounts receivable, prepaid expenses, notes receivable and other current assets, accounts payable, accrued expenses, bank acceptance payable and other current liabilities approximate fair value because of the short-term maturity of these instruments. The Company believes that the interest rates in effect at each period end represent the current market rates for similar borrowings. 
    
   The Company's accounts receivable was $211.5 million as of  June 30, 2025. Of this amount, $