Company: AOSL
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001387467-25-000017
Chunk: 30

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-02-06
Form: 10-Q
Item: Item 1
Chunk 30
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 and administrative4,634 4,770 8,586 5,470 $7,950 $8,691 $14,852 $9,609 As of December 31, 2024, total unrecognized compensation cost under the Company’s share-based compensation plans was $46.2 million, which is expected to be recognized over a weighted-average period of 2.9 years.

10. Income Taxes  

The Company recognized income tax expense of approximately $1.2 million and $0.9 million for the three months ended December 31, 2024 and 2023, respectively.  The income tax expense of $1.2 million for the three months ended December 31, 2024 included a $0.1 million discrete tax expense.  The income tax expense of $0.9 million for the three months ended December 31, 2023 included a $0.1 million discrete tax expense.  Excluding the discrete income tax items, the income tax expense for the three months ended December 31, 2024 and 2023 was $1.2 million and $0.8 million, respectively, and the effective tax rate for the three months ended December 31, 2024 and 2023 was (22.1)% and (41.2)%, respectively.  The changes in the tax expense and effective tax rate between the periods resulted primarily from changes in the mix of earnings in various geographic jurisdictions between the current year and the same period of last year as well as from reporting pretax book loss of $5.4 million for the three months ended December 31, 2024 as compared to $2.0 million of pretax book loss for the three months ended December 31, 2023.The Company recognized income tax expense of approximately $2.3 million and $2.0 million for the six months endedDecember 31, 2024 and 2023, respectively.  The income tax expense of $2.3 million for the six months ended December 31, 2024included a $0.1 million discrete tax expense.  The income tax expense of $2.0 million for the six months ended December 31, 2023 included a $0.1 million discrete tax expense.  Excluding the discrete income tax items, income tax expense for the six months ended December 31, 2024 and 2023