Applied Optoelectronics Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	206.14	67.43	45.37	24.69	34.66
Cash & Short-Term Investments	206.14	67.43	45.37	24.69	34.66
Cash Growth	205.72%	48.63%	83.78%	-28.77%	-20.19%
Accounts Receivable	244.4	116.8	48.07	61.18	47.94
Receivables	244.4	116.8	48.29	61.51	56.09
Inventory	183.11	88.14	63.87	79.68	92.52
Prepaid Expenses	32.18	17.2	5.35	6.38	4.33
Restricted Cash	9.9	11.71	9.73	10.9	6.48
Other Current Assets	-	-	0	-	0
Total Current Assets	675.73	301.27	172.61	183.16	194.08
Property, Plant & Equipment	425.75	228.88	205.34	215.78	250.17
Other Intangible Assets	8.45	8.52	8.66	8.94	9.69
Other Long-Term Assets	58.5	8.37	2.58	0.39	0.52
Total Assets	1,168	547.03	389.19	408.26	454.46
Accounts Payable	143.93	104.97	32.89	47.85	34.4
Accrued Expenses	40.76	20.8	17.36	16.28	13.23
Short-Term Debt	33.36	19.26	15.48	12.34	8.2
Current Portion of Long-Term Debt	33.98	22.37	23.48	57.07	49.69
Current Portion of Leases	3.52	1.38	1.15	1.1	1.08
Current Income Taxes Payable	0.97	0.82	0.75	0.59	1.9
Current Unearned Revenue	-	-	1.8	3	-
Other Current Liabilities	0.77	0.47	0.44	0.36	0.46
Total Current Liabilities	257.28	170.07	93.36	138.58	108.96
Long-Term Debt	129.83	138.81	76.23	79.51	83.68
Long-Term Leases	47.39	9.04	4.73	5.51	7.25
Total Liabilities	434.51	317.92	174.32	223.59	199.89
Common Stock	0.08	0.05	0.04	0.03	0.03
Additional Paid-In Capital	1,225	683.46	478.97	391.53	381.14
Retained Earnings	-490.08	-451.85	-265.12	-209.07	-142.67
Comprehensive Income & Other	-0.62	-2.55	0.98	2.18	16.07
Shareholders' Equity	733.92	229.11	214.87	184.67	254.57
Total Liabilities & Equity	1,168	547.03	389.19	408.26	454.46
Total Debt	248.08	190.86	121.07	155.53	149.9
Net Cash (Debt)	-41.94	-123.43	-75.71	-130.84	-115.24
Net Cash Per Share	-0.70	-2.97	-2.37	-4.70	-4.28
Filing Date Shares Outstanding	75.2	49.65	38.4	28.97	27.51
Total Common Shares Outstanding	75	49.39	38.15	28.62	27.32
Working Capital	418.44	131.2	79.25	44.58	85.12
Book Value Per Share	9.79	4.64	5.63	6.45	9.32
Tangible Book Value	725.47	220.6	206.21	175.73	244.88
Tangible Book Value Per Share	9.67	4.47	5.41	6.14	8.96
Land	1.1	1.1	1.1	1.1	1.1
Buildings	138.16	118.65	86.53	86.37	89.7
Machinery	429.09	294.78	276.02	268.99	285.5
Construction In Progress	39.81	8.4	29.94	30.43	33.71

Source: S&P Global Market Intelligence. Standard template. Financial Sources.