APPLIED OPTOELECTRONICS INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
AAOI$50.13+6.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands except the par value)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $45,366 | $24,685 |
| Restricted cash | 9,731 | 10,902 |
| Accounts receivable - trade, net of allowance of $3 and $28, respectively | 48,071 | 61,175 |
| Notes receivable | 219 | 339 |
| Inventories | 63,866 | 79,679 |
| Prepaid income tax | 3 | — |
| Prepaid expenses and other current assets | 5,349 | 6,384 |
| Total current assets | 172,605 | 183,164 |
| Property, plant and equipment, net | 200,317 | 210,184 |
| Land use rights, net | 5,030 | 5,238 |
| Operating right of use asset | 5,026 | 5,566 |
| Financing right of use asset | — | 26 |
| Intangible assets, net | 3,628 | 3,699 |
| Other assets, net | 2,580 | 386 |
| TOTAL ASSETS | $389,186 | $408,263 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities | ||
| Accounts payable | $32,892 | $47,845 |
| Bank acceptance payable | 15,482 | 12,337 |
| Accrued liabilities | 18,549 | 17,222 |
| Unearned revenue | 1,803 | 3,000 |
| Current lease liability - operating | 1,149 | 1,041 |
| Current lease liability - financing | — | 63 |
| Current portion of notes payable and long-term debt | 23,197 | 57,074 |
| Current portion of convertible notes | 286 | — |
| Total current liabilities | 93,358 | 138,582 |
| Convertible senior notes | 76,233 | 79,506 |
| Non-current lease liability - operating | 4,726 | 5,505 |
| TOTAL LIABILITIES | 174,317 | 223,593 |
| Stockholders' equity: | ||
| Preferred Stock; 5,000 shares authorized at $0.001 par value; no shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | — | — |
| Common Stock; 80,000 shares authorized at $0.001 par value; 38,148 and 28,622 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 38 | 29 |
| Additional paid-in capital | 478,972 | 391,526 |
| Accumulated other comprehensive income | 975 | 2,183 |
| Accumulated deficit | (265,116) | (209,068) |
| TOTAL STOCKHOLDERS' EQUITY | 214,869 | 184,670 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $389,186 | $408,263 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.