Applied optoelectronics, inc. (AAOI)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Dec'12
Current Assets
Cash and cash equivalents

55,908

59,977

69,994

81,070

74,930

55,646

56,380

76,190

82,251

82,936

70,930

74,825

59,672

50,224

55,907

42,289

45,528

28,074

37,592

28,412

9,909

32,175

37,034

34,079

52,411

22,006

7,325

10,723

Restricted cash

6,609

7,051

2,382

2,917

2,529

2,358

1,695

1,753

1,048

1,012

1,072

1,054

861

1,732

4,285

4,932

5,006

4,719

3,491

2,495

1,048

509

787

932

841

775

1,031

503

Short-term investments

-

-

-

-

-

-

6,022

-

-

36

36

42

42

44

47

47

7,960

7,886

8,024

8,324

8,190

8,189

7,958

7,957

7,898

7,970

-

0

Accounts receivable - trade, net of allowance of $65 and $30, respectively

25,783

34,655

29,709

28,406

32,123

30,534

32,028

48,668

53,655

59,850

73,029

73,759

66,759

49,766

44,242

41,536

34,868

38,775

41,069

32,907

29,962

31,589

24,181

24,968

23,837

22,089

17,043

13,525

Notes receivable

-

-

-

136

79

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

651

980

-

-

-

0

-

-

Bank acceptance receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,034

Inventories

87,109

85,028

82,118

81,475

84,464

93,256

107,905

93,269

92,624

75,768

74,552

59,701

57,503

51,817

54,919

59,833

60,258

66,238

60,237

52,451

43,565

33,780

33,129

31,200

23,933

19,608

16,421

12,493

Prepaid income tax

375

224

759

1,312

1,423

1,188

763

638

1,326

1,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

6,904

5,869

5,685

5,719

7,726

11,293

10,377

10,070

10,921

8,665

10,448

9,131

9,385

3,969

4,761

5,074

6,859

8,236

9,781

8,031

7,814

6,017

7,847

6,978

5,483

5,488

3,765

968

Total current assets

182,688

192,804

190,647

201,035

203,274

194,275

215,170

230,588

241,825

229,661

230,067

218,512

194,222

157,552

164,161

153,711

160,479

153,928

160,194

132,620

101,139

113,239

110,936

106,114

114,403

77,936

45,585

39,246

Cash restricted for construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

8

847

-

-

-

953

5,089

8,993

-

-

-

-

-

-

-

Property, plant and equipment, net

243,717

248,444

245,535

247,887

242,623

234,211

222,545

212,105

204,644

197,943

181,481

165,154

150,566

144,098

140,516

136,828

123,656

109,699

87,836

78,979

69,512

64,808

51,267

41,657

35,282

31,134

27,125

24,838

Land use rights, net

5,481

5,598

5,551

5,743

5,894

5,814

5,832

6,096

6,448

804

797

786

777

778

814

825

852

854

877

919

920

930

931

934

942

959

957

674

Operating right of use asset

7,645

7,768

7,738

7,912

8,293

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing right of use asset

111

119

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

4,051

4,081

4,072

4,028

-

3,977

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

4,001

-

3,971

3,978

4,015

4,007

4,041

4,007

3,984

3,993

4,004

3,962

3,959

3,900

3,858

3,837

3,828

3,833

3,830

3,841

3,848

851

828

795

Deferred income tax assets

9,078

7,287

29,362

27,437

24,188

21,714

18,493

13,151

13,935

12,801

15,167

10,026

12,049

11,421

11,856

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets, net

765

724

973

1,080

2,932

6,849

15,074

6,286

4,750

7,732

7,151

8,501

6,028

4,468

4,593

6,040

6,915

5,094

3,231

1,303

1,823

860

1,190

978

179

177

1,439

195

TOTAL ASSETS

453,536

466,825

483,878

495,122

491,205

466,840

481,085

472,204

475,617

452,948

438,704

406,986

367,626

322,318

326,791

301,366

295,861

273,475

256,949

222,747

186,215

183,670

168,154

153,524

154,654

111,057

75,934

65,748

Current liabilities
Current portion of notes payable and long-term debt

38,096

33,371

15,803

19,180

18,168

23,589

8,275

3,161

2,690

559

3,638

4,552

4,690

7,865

25,092

28,828

40,972

30,908

20,793

30,990

18,721

9,591

9,392

9,562

16,054

17,185

12,095

13,900

Accounts payable

36,236

32,828

28,074

31,526

28,332

29,910

53,706

51,429

46,223

43,624

50,993

53,321

48,252

36,375

32,413

33,130

25,113

28,668

31,518

29,755

25,301

30,984

22,616

22,631

17,105

15,010

11,282

6,913

Bank acceptance payable

9,550

6,310

-

-

-

4,628

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank acceptance payable

-

-

4,080

2,532

5,198

-

-

-

-

-

-

-

-

307

3,231

2,435

2,411

2,998

3,109

2,660

1,445

1,271

2,115

2,377

2,691

2,347

3,040

1,521

Current lease liability - operating

938

965

924

903

1,053

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current lease liability - financing

17

17

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued income taxes

-

-

-

-

-

-

-

464

7,588

7,422

5,459

4,947

4,113

974

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

10,677

17,864

15,542

13,986

12,424

19,291

20,723

16,651

13,358

19,103

16,801

13,850

10,535

14,452

11,316

13,762

9,308

11,506

9,941

7,348

6,318

6,755

4,960

5,606

4,072

4,515

3,557

3,243

Total current liabilities

95,514

91,355

64,423

68,127

65,175

77,418

82,704

71,705

69,859

70,708

76,891

76,670

67,590

59,973

72,052

78,155

77,804

74,080

65,361

70,753

51,785

48,601

39,083

40,176

39,922

39,057

29,974

25,577

Notes payable and long-term debt, less current portion

15,315

16,552

32,373

30,468

-

60,328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable and long-term debt, less current portion

-

-

-

-

17,535

-

62,896

57,868

62,464

48,964

37,371

22,814

23,863

34,961

67,201

56,040

52,178

33,997

28,436

29,596

18,773

19,057

14,000

67

3,834

8,923

14,618

9,163

Convertible senior notes

77,235

77,041

76,835

76,630

76,439

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current lease liability - operating

7,878

7,983

7,962

8,182

8,438

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current lease liability - financing

95

100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

500

750

1,000

1,250

1,500

1,750

0

-

-

TOTAL LIABILITIES

196,037

193,031

181,593

183,407

167,587

137,746

145,600

129,573

132,323

119,672

114,262

99,484

91,453

94,934

139,253

134,195

129,982

108,077

94,047

100,849

71,308

68,658

54,333

41,743

45,506

47,980

44,592

34,740

Stockholders' equity:
Preferred Stock; 5,000 shares authorized at $0.001 par value; no shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

0

0

-

-

-

0

0

0

0

-

-

-

-

0

0

0

0

-

0

0

0

0

0

0

-

0

-

-

Redeemable Convertible Preferred Stock and Convertible Preferred Stock; 5,000 shares authorized; no shares issued and outstanding at March 31, 2014 and December 31, 2013, $0.001 par value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

105,801

105,367

Common Stock; 45,000 shares authorized at $0.001 par value; 20,249 and 24,140 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

20

20

20

20

20

20

20

20

20

19

19

19

19

18

17

17

17

17

17

15

15

15

15

15

15

13

1,222

1,074

Additional paid-in capital

306,305

303,401

300,725

297,922

295,130

292,480

290,070

288,686

286,938

285,376

285,600

290,067

288,606

265,264

236,646

235,338

234,229

233,336

232,799

193,488

192,705

192,112

191,439

190,861

190,286

144,023

4,801

4,468

Accumulated other comprehensive (loss) and income

-1,972

430

-

-

-

602

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive income

-

-

-3,832

-379

2,950

-

835

5,633

16,078

9,743

6,400

4,369

3,572

-885

2,113

790

1,210

292

1,012

2,021

1,902

1,925

2,109

2,224

2,085

2,364

2,320

2,016

Accumulated deficit

-46,854

-30,057

5,372

14,152

25,518

35,992

44,560

48,292

40,258

38,138

32,423

13,047

-16,024

-37,013

-51,238

-68,974

-69,577

-68,247

-70,926

-73,626

-79,715

-79,040

-79,742

-81,319

-83,238

-83,323

-82,802

-81,917

TOTAL STOCKHOLDERS' EQUITY

257,499

273,794

302,285

311,715

323,618

329,094

335,485

342,631

343,294

333,276

324,442

307,502

276,173

227,384

187,538

167,171

165,879

165,398

162,902

121,898

114,907

115,012

113,821

111,781

109,148

63,077

31,342

31,008

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

453,536

466,825

483,878

495,122

491,205

466,840

481,085

472,204

475,617

452,948

438,704

406,986

367,626

322,318

326,791

301,366

295,861

273,475

256,949

222,747

186,215

183,670

168,154

153,524

154,654

111,057

75,934

65,748