2020 Q1 Form 10-Q Financial Statement

#000143774920010051 Filed on May 08, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $40.47M $52.72M
YoY Change -23.24% -19.19%
Cost Of Revenue $34.13M $40.37M
YoY Change -15.46% 2.45%
Gross Profit $6.338M $12.35M
YoY Change -48.68% -52.19%
Gross Profit Margin 15.66% 23.43%
Selling, General & Admin $13.57M $13.04M
YoY Change 4.14% 9.26%
% of Gross Profit 214.17% 105.54%
Research & Development $10.56M $11.19M
YoY Change -5.61% -4.69%
% of Gross Profit 166.58% 90.56%
Depreciation & Amortization $5.900M $5.800M
YoY Change 1.72% -16.67%
% of Gross Profit 93.09% 46.96%
Operating Expenses $24.13M $24.22M
YoY Change -0.36% 2.34%
Operating Profit -$17.79M -$11.87M
YoY Change 49.92% -646.96%
Interest Expense $1.455M $996.0K
YoY Change 46.08% -190.55%
% of Operating Profit
Other Income/Expense, Net -$1.052M -$1.079M
YoY Change -2.5% 3.15%
Pretax Income -$18.85M -$12.95M
YoY Change 45.55% -1251.96%
Income Tax -$2.049M -$2.474M
% Of Pretax Income
Net Earnings -$16.80M -$10.47M
YoY Change 60.37% -594.06%
Net Earnings / Revenue -41.51% -19.87%
Basic Earnings Per Share -$0.83 -$0.53
Diluted Earnings Per Share -$0.83 -$0.53
COMMON SHARES
Basic Shares Outstanding 20.21M 19.86M
Diluted Shares Outstanding 20.21M 19.86M

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.90M $74.90M
YoY Change -25.37% -8.99%
Cash & Equivalents $55.91M $77.46M
Short-Term Investments
Other Short-Term Assets $13.50M $10.20M
YoY Change 32.35% -14.29%
Inventory $87.11M $84.50M
Prepaid Expenses
Receivables $25.78M $32.10M
Other Receivables $400.0K $1.500M
Total Short-Term Assets $182.7M $203.3M
YoY Change -10.14% -15.92%
LONG-TERM ASSETS
Property, Plant & Equipment $243.7M $250.9M
YoY Change -2.86% 22.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $765.0K $27.10M
YoY Change -97.18% 44.92%
Total Long-Term Assets $270.8M $287.9M
YoY Change -5.92% 23.14%
TOTAL ASSETS
Total Short-Term Assets $182.7M $203.3M
Total Long-Term Assets $270.8M $287.9M
Total Assets $453.5M $491.2M
YoY Change -7.67% 3.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.24M $28.30M
YoY Change 28.04% -38.74%
Accrued Expenses $10.68M $13.20M
YoY Change -19.11% -35.92%
Deferred Revenue $310.0K
YoY Change
Short-Term Debt $9.600M $5.200M
YoY Change 84.62%
Long-Term Debt Due $38.10M $18.20M
YoY Change 109.32% 574.07%
Total Short-Term Liabilities $95.51M $65.20M
YoY Change 46.49% -6.72%
LONG-TERM LIABILITIES
Long-Term Debt $15.32M $94.00M
YoY Change -83.71% 50.4%
Other Long-Term Liabilities $7.900M $8.400M
YoY Change -5.95%
Total Long-Term Liabilities $15.32M $102.4M
YoY Change -85.04% 63.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $95.51M $65.20M
Total Long-Term Liabilities $15.32M $102.4M
Total Liabilities $196.0M $167.6M
YoY Change 16.97% 26.68%
SHAREHOLDERS EQUITY
Retained Earnings -$46.85M
YoY Change
Common Stock $20.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $257.5M $323.6M
YoY Change
Total Liabilities & Shareholders Equity $453.5M $491.2M
YoY Change -7.67% 3.28%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$16.80M -$10.47M
YoY Change 60.37% -594.06%
Depreciation, Depletion And Amortization $5.900M $5.800M
YoY Change 1.72% -16.67%
Cash From Operating Activities -$8.246M $40.00K
YoY Change -20715.0% -100.99%
INVESTING ACTIVITIES
Capital Expenditures $2.787M $12.81M
YoY Change -78.25% -183.3%
Acquisitions
YoY Change
Other Investing Activities -$300.0K $3.930M
YoY Change -107.63% 24.37%
Cash From Investing Activities -$3.200M -$9.035M
YoY Change -64.58% -26.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$75.00K $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $6.854M $28.02M
YoY Change -75.54% 92.17%
NET CHANGE
Cash From Operating Activities -$8.246M $40.00K
Cash From Investing Activities -$3.200M -$9.035M
Cash From Financing Activities $6.854M $28.02M
Net Change In Cash -$4.511M $19.46M
YoY Change -123.19% -1244.41%
FREE CASH FLOW
Cash From Operating Activities -$8.246M $40.00K
Capital Expenditures $2.787M $12.81M
Free Cash Flow -$11.03M -$12.77M
YoY Change -13.62% -212.83%

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ProceedsFromSaleOfPropertyPlantAndEquipment
52000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1000 USD
CY2020Q1 us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
353000 USD
CY2019Q1 us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
-3931000 USD
CY2020Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
112000 USD
CY2019Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
155000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3200000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9035000 USD
CY2020Q1 aaoi Proceeds From Issuance Of Notes Payable And Longterm Debt Net Of Debt Issuance Costs
ProceedsFromIssuanceOfNotesPayableAndLongtermDebtNetOfDebtIssuanceCosts
0 USD
CY2019Q1 aaoi Proceeds From Issuance Of Notes Payable And Longterm Debt Net Of Debt Issuance Costs
ProceedsFromIssuanceOfNotesPayableAndLongtermDebtNetOfDebtIssuanceCosts
6488000 USD
CY2020Q1 aaoi Repayments Of Principals On Longterm Debt And Notes Payable
RepaymentsOfPrincipalsOnLongtermDebtAndNotesPayable
1108000 USD
CY2019Q1 aaoi Repayments Of Principals On Longterm Debt And Notes Payable
RepaymentsOfPrincipalsOnLongtermDebtAndNotesPayable
40132000 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
24916000 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
10859000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20000000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
25747000 USD
CY2020Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
7195000 USD
CY2019Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
2382000 USD
CY2020Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
3798000 USD
CY2019Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
1917000 USD
CY2020Q1 aaoi Proceeds From Issuance Of Convertible Senior Notes Net Of Debt Issuance Costs
ProceedsFromIssuanceOfConvertibleSeniorNotesNetOfDebtIssuanceCosts
-13000 USD
CY2019Q1 aaoi Proceeds From Issuance Of Convertible Senior Notes Net Of Debt Issuance Costs
ProceedsFromIssuanceOfConvertibleSeniorNotesNetOfDebtIssuanceCosts
76378000 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4000 USD
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2019Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
259000 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
299000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-75000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6854000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28019000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
431000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4511000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
19455000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67028000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58004000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62517000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77459000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
2237000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
421000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-21000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
224000 USD
CY2020Q1 aaoi Increase Decrease In Accounts Payable Related To Property And Equipment Additions
IncreaseDecreaseInAccountsPayableRelatedToPropertyAndEquipmentAdditions
75000 USD
CY2019Q1 aaoi Increase Decrease In Accounts Payable Related To Property And Equipment Additions
IncreaseDecreaseInAccountsPayableRelatedToPropertyAndEquipmentAdditions
-2168000 USD
CY2020Q1 aaoi Increase Decrease In Deposits And Prepaid For Equipment Related To Property And Equipment Additions
IncreaseDecreaseInDepositsAndPrepaidForEquipmentRelatedToPropertyAndEquipmentAdditions
304000 USD
CY2019Q1 aaoi Increase Decrease In Deposits And Prepaid For Equipment Related To Property And Equipment Additions
IncreaseDecreaseInDepositsAndPrepaidForEquipmentRelatedToPropertyAndEquipmentAdditions
0 USD
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><i>Use of Estimates</i></p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">​</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ from those estimates in the consolidated financial statements and accompanying notes. Significant estimates and assumptions that impact these financial statements and the accompanying notes relate to, among other things, allowance for credit losses, inventory reserve, product warranty costs, share-based compensation expense, estimated useful lives of property and equipment, and taxes.</p>
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
52719000 USD
CY2019Q1 aaoi Percentage Of Revenue
PercentageOfRevenue
1.000 pure
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
295000 USD
CY2019Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
323000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8000 USD
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
CY2020Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
21000 USD
CY2019Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
29000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
324000 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
352000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40467000 USD
CY2020Q1 aaoi Percentage Of Revenue
PercentageOfRevenue
1.000 pure
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1266000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
22000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1222000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
22000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1155000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
22000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1099000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
60000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1100000 USD
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0317 pure
CY2020Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0500 pure
CY2019Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0 pure
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
318000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
332000 USD
CY2020Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000 USD
CY2019Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4795000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10637000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
126000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1821000 USD
CY2020Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
14000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8816000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
112000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y10M13D
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y9M21D
CY2020Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M25D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0317 pure
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
261000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
55908000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59977000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6609000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
7051000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62517000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67028000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7762000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3711000 USD
CY2020Q1 us-gaap Inventory Write Down
InventoryWriteDown
2500000 USD
CY2019Q1 us-gaap Inventory Write Down
InventoryWriteDown
2800000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
338433000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-16797000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-10474000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20208000
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19863000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20208000
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19863000
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.83
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.53
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.83
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.53
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4635000
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4690000
CY2020Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
24177000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
15570000 USD
CY2020Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
50441000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
50787000 USD
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
12491000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
18671000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
87109000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
85028000 USD
CY2020Q1 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
1600000 USD
CY2019Q1 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
2300000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
338385000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
121682000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
116979000 USD
CY2020Q1 aaoi Property Pant And Equipment Net Before Construction In Progress And Land
PropertyPantAndEquipmentNetBeforeConstructionInProgressAndLand
216751000 USD
CY2019Q4 aaoi Property Pant And Equipment Net Before Construction In Progress And Land
PropertyPantAndEquipmentNetBeforeConstructionInProgressAndLand
221406000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
243717000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
248444000 USD
CY2020Q1 us-gaap Depreciation
Depreciation
5900000 USD
CY2019Q1 us-gaap Depreciation
Depreciation
5800000 USD
CY2020Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
300000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4051000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7655000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3574000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4081000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P7Y
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
543000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
543000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
543000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
543000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
543000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1336000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4051000 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
53462000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
49985000 USD
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
51000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
62000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
53411000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
49923000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
38096000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
33371000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
15315000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
16552000 USD
CY2020Q1 aaoi Bank Acceptances Executed And Outstanding Current
BankAcceptancesExecutedAndOutstandingCurrent
9550000 USD
CY2019Q4 aaoi Bank Acceptances Executed And Outstanding Current
BankAcceptancesExecutedAndOutstandingCurrent
6310000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
38096000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
9738000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
5628000 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
53462000 USD
CY2020Q1 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
34700000 USD
CY2020Q1 aaoi Libor Rate
LiborRate
0.010 pure
CY2019Q4 aaoi Libor Rate
LiborRate
0.018 pure
CY2020Q1 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
5700000 USD
CY2019Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
6100000 USD
CY2020Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
5467000 USD
CY2019Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
11009000 USD
CY2020Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
2325000 USD
CY2019Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
2288000 USD
CY2020Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
181000 USD
CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
1215000 USD
CY2020Q1 aaoi Accrued Interest Current
AccruedInterestCurrent
210000 USD
CY2019Q4 aaoi Accrued Interest Current
AccruedInterestCurrent
1208000 USD
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
310000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
312000 USD
CY2020Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
661000 USD
CY2019Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
821000 USD
CY2020Q1 us-gaap Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
688000 USD
CY2019Q4 us-gaap Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
420000 USD
CY2020Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
296000 USD
CY2019Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
222000 USD
CY2020Q1 aaoi Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
9000 USD
CY2019Q4 aaoi Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
0 USD
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
530000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
369000 USD
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10677000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17864000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40467000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
52719000 USD
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
139000 USD
CY2019Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-233000 USD
CY2020Q1 aaoi Government Subsidy Income
GovernmentSubsidyIncome
105000 USD
CY2019Q1 aaoi Government Subsidy Income
GovernmentSubsidyIncome
87000 USD
CY2020Q1 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
12000 USD
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-9000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
256000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-155000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
281000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.20
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
5.32
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
573000 USD
CY2020Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-0
CY2020Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2020Q1 aaoi Sharebased Compensation Arrangement By Sharebased Payment Award Options Weighted Average Share Price On Date Of Exercise
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsWeightedAverageSharePriceOnDateOfExercise
0
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
-0
CY2020Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2020Q1 aaoi Sharebased Compensation Arrangement By Sharebased Payment Award Options Forfeitures Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeituresIntrinsicValue
0 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
281000
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.20
CY2020Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
5.32
CY2020Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y4M13D
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
22600 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
281000
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.20
CY2020Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y4M13D
CY2020Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
22600 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
281000
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
10.20
CY2020Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P3Y4M13D
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
23000 USD
CY2020Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
0 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3238000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2942000 USD
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.109 pure
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.191 pure
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 pure
CY2020Q1 us-gaap Noncurrent Assets
NoncurrentAssets
261005000 USD
CY2019Q4 us-gaap Noncurrent Assets
NoncurrentAssets
266010000 USD

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