Company: AOSL
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001387467-25-000017
Chunk: 73

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-02-06
Form: 10-Q
Item: Item 8
Chunk 73
---
GA SEMICONDUCTOR LIMITEDNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Other long-term assets:December 31,2024June 30,2024(in thousands)Prepayments for property and equipment$1,570 $620 Investment in a privately held company— 100 Customs deposit597 652 Deposit with supplier18,221 22,117 Office leases deposits1,283 1,418 Other495 332  $22,166 $25,239 Accrued liabilities: December 31,2024June 30,2024(in thousands)Accrued compensation and benefits$20,593 $14,945 Warranty accrual1,960 2,407 Stock rotation accrual4,138 4,660 Accrued professional fees2,464 3,198 Accrued inventory2,237 728 Accrued facilities related expenses2,462 2,137 Accrued property, plant and equipment4,043 6,986 Other accrued expenses4,764 3,822 Customer deposits27,370 32,182 ESPP payable1,361 1,306  $71,392 $72,371 Short-term customer deposits are payments received from customers for securing future product shipments.  As of December 31, 2024, $9.0 million for such deposits were from Customer A, $4.5 million were from Customer B, and $13.9 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: Six Months Ended December 31,20242023(in thousands)Beginning balance$2,407 $1,674 Additions 656 643 Released(700)— Utilization(403)(165)Ending balance$1,960 $2,152 

18

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

The activities in the stock rotation accrual, included in accrued liabilities, are as follows: Six Months Ended December 31