Company: AOSL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001387467-25-000044
Chunk: 7

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 7
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 compensation— — — — 21,988 — — 21,988 Net loss— — — — — — (19,917)(19,917)Foreign currency translation adjustment, net of tax— — — — — (544)— (544)Balance, March 31, 202536,869 $74 (7,119)$(79,064)$368,252 $(13,963)$610,992 $886,291 

See accompanying notes to these condensed consolidated financial statements.

5

Table of ContentsALPHA AND OMEGA SEMICONDUCTOR LIMITEDCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, in thousands) 

Nine Months Ended March 31,20252024Cash flows from operating activitiesNet loss$(19,917)$(8,349)Adjustments to reconcile net loss to net cash provided by operating activities:Gain on change of equity interest in the equity method investment(505)— Depreciation and amortization46,949 39,849 Loss from equity investment1,828 4,085 Share-based compensation expense21,988 18,074 Deferred income taxes, net(650)(910)Loss on disposal of property and equipment27 88 Impairment of privately-held investment100 — Changes in operating assets and liabilitiesAccounts receivable(15,893)9,166 Inventories7,624 (14,851)Other current and long-term assets4,670 3,637 Accounts payable5,628 (4,303)Net payable, equity investee5,964 2,325 Income taxes payable59 (895)Deferred revenue(2,591)(409)Accrued and other liabilities(22,787)(28,916)Net cash provided by operating activities32,494 18,591 Cash flows from investing activitiesPurchases of property and equipment (22,845)(29,759)Proceeds from sale of property and equipment— 357 Government grant related to equipment678 809 Net cash used in investing activities(22,167)(28,593)Cash flows from financing activitiesWithholding tax on restricted stock units(10,355)(7,343)Proceeds from exercise of stock options and ESPP 3,512 5,650 Repayments of borrowings(8,729)(8,586