Company: AOSL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001387467-25-000044
Chunk: 20

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 20
---
 (Remaining)$812 

17

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

Other long-term assets:March 31,2025June 30,2024(in thousands)Prepayments for property and equipment$2,032 $620 Investment in a privately held company— 100 Customs deposit826 652 Deposit with supplier18,080 22,117 Office leases deposits1,305 1,418 Other441 332  $22,684 $25,239 Accrued liabilities: March 31,2025June 30,2024(in thousands)Accrued compensation and benefits$17,184 $14,945 Warranty accrual2,049 2,407 Stock rotation accrual4,975 4,660 Accrued professional fees2,758 3,198 Accrued inventory2,201 728 Accrued facilities related expenses2,322 2,137 Accrued property, plant and equipment6,050 6,986 Other accrued expenses4,646 3,822 Customer deposits18,903 32,182 ESPP payable3,304 1,306  $64,392 $72,371 Short-term customer deposits are payments received from customers for securing future product shipments.  As of March 31, 2025, $7.0 million for such deposits were from Customer A, $2.0 million were from Customer B, and $9.9 million were from other customers.  As of June 30, 2024, $9.0 million were from Customer A, $8.9 million were from Customer B, and $14.3 million were from other customers.The activities in the warranty accrual, included in accrued liabilities, are as follows:Nine Months Ended March 31,20252024(in thousands)Beginning balance$2,407 $1,674 Additions 884 773 Released(700)— Utilization(542)(165)Ending balance$2,049 $2,282 

18

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

The activities in the stock rotation accrual, included in accrued liabilities