Company: AOSL
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001387467-25-000017
Chunk: 18

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-02-06
Form: 10-Q
Item: Item 1
Chunk 18
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816 Effect of potentially dilutive securities:Stock options, RSUs and ESPP shares— — — 2,014 Weighted average number of common shares used to compute diluted net income (loss) per share29,163 27,939 29,083 29,830 Net income (loss) per common share:Basic$(0.23)$(0.10)$(0.31)$0.10 Diluted$(0.23)$(0.10)$(0.31)$0.10 The following potential dilutive securities were excluded from the computation of diluted net income (loss) per common share as their effect would have been anti-dilutive: Three Months Ended December 31, Six Months Ended December 31, 2024202320242023(in thousands)(in thousands)Employee stock options and RSUs2,573 1,984 2,578 90 ESPP729 1,229 716 324 Total potential dilutive securities3,302 3,213 3,294 414 

14

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

5. Concentration of Credit Risk and Significant Customers 

The Company manages its credit risk associated with exposure to distributors and direct customers on outstanding accounts receivable through the application and review of credit approvals, credit ratings and other monitoring procedures.  In some instances, the Company also obtains letters of credit from certain customers.  Credit sales, which are mainly on credit terms of 30 to 60 days, are only made to customers who meet the Company’s credit requirements, while sales to new customers or customers with low credit ratings are usually made on an advance payment basis.  The Company considers its trade accounts receivable to be of good credit quality because its key distributors and direct customers have long-standing business relationships with the Company and the Company has not experienced any significant bad debt write-offs of accounts receivable in the past.  The Company closely monitors the aging of accounts receivable from its distributors and direct customers, and regularly reviews their financial positions, where available.Summarized below are individual customers whose revenue or accounts receivable balances were 10% or higher than the respective total consolidated amounts:Three Months Ended December 31, Six Months Ended December 31,Percentage of revenue2024202320242023Customer A21.0 %29.3 %