Applied Optoelectronics, Inc. (AAOI) Financial Statements (2024 and earlier)

Company Profile

Business Address 13139 JESS PIRTLE BLVD
SUGAR LAND, TX 77478
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments24,68534,65643,42559,97755,64682,972
Cash and cash equivalents24,68534,65643,42559,97755,64682,936
Short-term investments      36
Restricted cash and investments10,9026,4806,6897,0512,3581,012
Receivables61,51456,09243,44334,65530,53459,850
Inventory, net of allowances, customer advances and progress billings79,67992,516110,39785,02893,25675,768
Inventory79,67992,516110,39785,02893,25675,768
Prepaid expense 122241,1881,394
Other undisclosed current assets6,3844,3345,2135,86911,2938,701
Total current assets:183,164194,079209,169192,804194,275229,697
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization265788119
Operating lease, right-of-use asset5,5667,0787,7297,768
Property, plant and equipment210,184243,035252,984248,444234,211197,943
Intangible assets, net (including goodwill)8,9379,6929,8539,6793,9774,007
Intangible assets, net (excluding goodwill)8,9379,6929,8539,6793,9774,007
Deferred income tax assets    7,287
Other noncurrent assets3865189827246,8497,732
Other undisclosed noncurrent assets     27,52813,605
Total noncurrent assets:225,099260,380271,636274,021272,565223,287
TOTAL ASSETS:408,263454,459480,805466,825466,840452,984
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities65,06749,98947,99350,69249,20162,727
Accounts payable47,84534,40229,48232,82829,91043,624
Accrued liabilities17,22215,58718,51117,86419,29119,103
Deferred revenue3,000   
Debt57,13749,70838,28334,35323,589559
Other undisclosed current liabilities13,3789,26016,8726,3104,6287,422
Total current liabilities:138,582108,957103,14891,35577,41870,708
Noncurrent Liabilities
Long-term debt and lease obligation 79,50612,25221,91224,63560,32849,000
Long-term debt, excluding current maturities 79,5065,00013,90416,55260,32849,000
Finance lease, liability  6382100
Liabilities, other than long-term debt5,505     
Deferred revenue    
Operating lease, liability5,5057,1897,9267,983
Other undisclosed noncurrent liabilities  71,49169,92877,041  
Total noncurrent liabilities:85,01190,93299,766101,67660,32849,000
Total liabilities:223,593199,889202,914193,031137,746119,708
Equity
Equity, attributable to parent184,670254,570277,891273,794329,094333,276
Common stock292725202019
Additional paid in capital391,526381,143354,685303,401292,480285,376
Accumulated other comprehensive income (loss)2,18316,07111,6904306029,743
Retained earnings (accumulated deficit)(209,068)(142,671)(88,509)(30,057)35,99238,138
Total equity:184,670254,570277,891273,794329,094333,276
TOTAL LIABILITIES AND EQUITY:408,263454,459480,805466,825466,840452,984

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues222,818211,565234,623190,872267,465382,329
Revenue, net382,329
Cost of revenue
(Cost of Goods and Services Sold)
(189,191)(173,850)(184,082)(144,671)(179,692)(216,049)
Gross profit:33,62737,71550,54146,20187,773166,280
Operating expenses(92,625)(94,481)(99,383)(94,948)(98,541)(79,329)
Operating income (loss):(58,998)(56,766)(48,842)(48,747)(10,768)86,951
Nonoperating income (expense)(7,398)2,606(2,382)(2,640)990(2,425)
Investment income, nonoperating12670255925  
Other nonoperating income (expense)(1,205)8,1562,9981,840990(2,425)
Interest and debt expense(6,319)6,229(5,635)(5,405)(1,106)(858)
Income (loss) from continuing operations before equity method investments, income taxes:(72,715)(47,931)(56,859)(56,792)(10,884)83,668
Other undisclosed income (loss) from continuing operations before income taxes6,319(6,229)5,6355,4051,106858
Income (loss) from continuing operations before income taxes:(66,396)(54,160)(51,224)(51,387)(9,778)84,526
Income tax expense (benefit)(1)(2)(7,228)(14,662)7,632(10,575)
Other undisclosed loss from continuing operations      
Income (loss) from continuing operations:(66,397)(54,162)(58,452)(66,049)(2,146)73,951
Income (loss) before gain (loss) on sale of properties:(54,162)(58,452)(66,049)(2,146)73,951
Net income (loss) available to common stockholders, diluted:(66,397)(54,162)(58,452)(66,049)(2,146)73,951

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(66,397)(54,162)(58,452)(66,049)(2,146)73,951
Other comprehensive income (loss)(13,888)4,38111,260(172)(9,141)10,628
Comprehensive income (loss):(80,285)(49,781)(47,192)(66,221)(11,287)84,579
Other undisclosed comprehensive income, net of tax, attributable to parent      
Comprehensive income (loss), net of tax, attributable to parent:(80,285)(49,781)(47,192)(66,221)(11,287)84,579

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: