Company: AAOI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015518
Chunk: 114

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 114
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 ended March 31, 2025 compared to the three months ended March 31, 2024. The increases were primarily due to increased personnel-related expense and increased R&D related project costs. The increases in R&D expenses were driven by customer demands for new products as well as acceleration of previously-planned project expenditures which were necessary to accommodate accelerated demand projections for these products from certain customers.

Sales and marketing expense

​

Sales and marketing expense increased by $1.6 million, or 41.0%, for the three months ended March 31, 2025 compared to the three months ended March 31, 2024. The increases were primarily due to the increased business development effort in our CATV and data center businesses along with higher shipping costs. 

​

General and administrative expense

​

General and administrative expense increased by $2.6 million, or 18.8% for the three months ended March 31, 2025 compared to the three months ended March 31, 2024. The increase was primarily due to increased personnel-related expense and increased consulting fees for our ongoing enterprise resource planning ("ERP") system upgrade. 

Other income (expense), net

​

      Three months ended March 31, 

      Change 

      ​ 
      
      2025 

      2024 

      ​ 
      
      ​ 

      % of 

      % of 

      ​ 

      ​ 
      
      Amount 

      revenue 

      Amount 

      revenue 

      Amount 

      % 

      ​ 
      
      (in thousands, except percentages) 

      Interest income 
      
     $
     224

     0.2
     %
      
     $
     260

     0.6
     %
      
     $
     (36
     )

     (13.8
     )%

      Interest expense 

     (934
     )

     (0.9
     )%

     (1,676
     )

     (4.1
     )%

     742

     (44.3
     )%

      Other income (expense), net 

     475

     0.5
     %

     (108
     )

     (0.3
     )%

     583

     (539.8
     )%

      Total other income (expense), net 
      
     $
     (235
     )

     (0