Company: AOSL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001387467-25-000044
Chunk: 72

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 72
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,198 Accrued inventory2,201 728 Accrued facilities related expenses2,322 2,137 Accrued property, plant and equipment6,050 6,986 Other accrued expenses4,646 3,822 Customer deposits18,903 32,182 ESPP payable3,304 1,306  $64,392 $72,371 Short-term customer deposits are payments received from customers for securing future product shipments.  As of March 31, 2025, $7.0 million for such deposits were from Customer A, $2.0 million were from Customer B, and $9.9 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:Nine Months Ended March 31,20252024(in thousands)Beginning balance$2,407 $1,674 Additions 884 773 Released(700)— Utilization(542)(165)Ending balance$2,049 $2,282 

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:Nine Months Ended March 31,20252024(in thousands)Beginning balance$4,660 $5,588 Additions8,175 7,849 Utilization(7,860)(8,759)Ending balance$4,975 $4,678 Other long-term liabilities:  March 31,2025June 30,2024(in thousands)Customer deposits$8,000 $19,661 Computer software liabilities53 — Other long-term liabilities$8,053 $19,661 Customer deposits are payments received from customers for securing future product shipments.  As of March 31, 2025, $5.0 million for such deposits were from Customer A, $1.0 million were from Customer B, and $2.0 million were from other customers.  As of June 30, 2024, $12.0 million were from Customer