Applied Optoelectronics Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	136.96	67.43	45.37	24.69	34.66	43.43
Cash & Short-Term Investments	136.96	67.43	45.37	24.69	34.66	43.43
Cash Growth	301.36%	48.63%	83.78%	-28.77%	-20.19%	-27.60%
Accounts Receivable	224.03	116.8	48.07	61.18	47.94	43.04
Receivables	224.03	116.8	48.29	61.51	56.09	43.44
Inventory	170.21	88.14	63.87	79.68	92.52	110.4
Prepaid Expenses	30.35	17.2	5.35	6.38	4.33	5.21
Restricted Cash	13.76	11.71	9.73	10.9	6.48	6.69
Other Current Assets	-	0	0	-	0	0
Total Current Assets	575.31	301.27	172.61	183.16	194.08	209.17
Property, Plant & Equipment	352.35	228.88	205.34	215.78	250.17	260.8
Other Intangible Assets	8.44	8.52	8.66	8.94	9.69	9.85
Other Long-Term Assets	42.42	8.37	2.58	0.39	0.52	0.98
Total Assets	978.53	547.03	389.19	408.26	454.46	480.81
Accounts Payable	150.15	104.97	32.89	47.85	34.4	29.48
Accrued Expenses	31.98	20.8	17.36	16.28	13.23	17.25
Short-Term Debt	34.05	19.26	15.48	12.34	8.2	15.86
Current Portion of Long-Term Debt	27.98	22.37	23.48	57.07	49.69	38.27
Current Portion of Leases	2.84	1.38	1.15	1.1	1.08	1.03
Current Income Taxes Payable	1.45	0.82	0.75	0.59	1.9	0.25
Current Unearned Revenue	-	-	1.8	3	-	-
Other Current Liabilities	0.71	0.47	0.44	0.36	0.46	1.01
Total Current Liabilities	249.14	170.07	93.36	138.58	108.96	103.15
Long-Term Debt	130.12	138.81	76.23	79.51	83.68	91.76
Long-Term Leases	40.18	9.04	4.73	5.51	7.25	8.01
Total Liabilities	419.44	317.92	174.32	223.59	199.89	202.91
Common Stock	0.07	0.05	0.04	0.03	0.03	0.03
Additional Paid-In Capital	1,046	683.46	478.97	391.53	381.14	354.69
Retained Earnings	-488.06	-451.85	-265.12	-209.07	-142.67	-88.51
Comprehensive Income & Other	1.09	-2.55	0.98	2.18	16.07	11.69
Shareholders' Equity	559.09	229.11	214.87	184.67	254.57	277.89
Total Liabilities & Equity	978.53	547.03	389.19	408.26	454.46	480.81
Total Debt	235.16	190.86	121.07	155.53	149.9	154.92
Net Cash (Debt)	-98.2	-123.43	-75.71	-130.84	-115.24	-111.5
Net Cash Per Share	-1.82	-2.97	-2.37	-4.70	-4.28	-5.10
Filing Date Shares Outstanding	68.28	49.65	38.4	28.97	27.51	26.7
Total Common Shares Outstanding	68.07	49.39	38.15	28.62	27.32	25.11
Working Capital	326.17	131.2	79.25	44.58	85.12	106.02
Book Value Per Share	8.21	4.64	5.63	6.45	9.32	11.07
Tangible Book Value	550.64	220.6	206.21	175.73	244.88	268.04
Tangible Book Value Per Share	8.09	4.47	5.41	6.14	8.96	10.67
Land	1.1	1.1	1.1	1.1	1.1	1.1
Buildings	134.35	118.65	86.53	86.37	89.7	88.28
Machinery	387.04	294.78	276.02	268.99	285.5	271.89
Construction In Progress	14.93	8.4	29.94	30.43	33.71	33.34

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