Company: AOSL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001387467-25-000044
Chunk: 129

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 2
Chunk 129
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.4 million decrease in allocation.

Other income (loss), net

Three Months Ended March 31,Nine Months Ended March 31, 20252024Change20252024Change (in thousands)(in thousands)(in percentage)(in thousands)(in thousands)(in percentage)Other income (loss), net$(65)$308 $(373)(121.1)%$(52)$(138)$86 (62.3)%

Other income (loss), net decreased in the three and nine months ended March 31, 2025, as compared to the same periods last year primarily due to an increase in foreign currency exchange loss as a result of the appreciation of RMB against USD.

Interest income

37

Three Months Ended March 31,Nine Months Ended March 31,20252024Change20252024Change(in thousands)(in thousands)(in percentage)(in thousands)(in thousands)(in percentage)Interest income$927 $1,230 $(303)(24.6)%$3,327 $3,873 $(546)(14.1)%

Interest income decreased in the three and nine months ended March 31, 2025, as compared to the same periods last year primarily due to lower interest rates in the current periods.

Interest expense

Three Months Ended March 31,Nine Months Ended March 31,20252024Change20252024Change (in thousands)(in thousands)(in percentage)(in thousands)(in thousands)(in percentage)Interest expenses$(596)$(959)$363 (37.9)%$(2,109)(3,099)$990 (31.9)%

Interest expense was decreased in the three and nine months ended March 31, 2025 as compared to the same periods last year primarily due to less outstanding loan balance in the current periods.

Gain on change of equity interest in equity method investment

Three Months Ended March 31,Nine Months Ended March 31, 20252024Change20252024Change (in thousands)(in thousands)(in percentage)(in thousands)(in thousands)(in percentage)Gain on change of equity interest in equity method investment$505 $— $505 100.0 %$505 $— $505 100.0 %

On December 30, 2024, the JV Company signed an investment agreement with an investor, pursuant to which the investor agreed to invest RMB 500 million (or $68.5 million based on currency exchange rate between RMB