2021 Q1 Form 10-Q Financial Statement

#000143774921011175 Filed on May 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $49.70M $40.47M
YoY Change 22.82% -23.24%
Cost Of Revenue $38.98M $34.13M
YoY Change 14.22% -15.46%
Gross Profit $10.72M $6.338M
YoY Change 69.12% -48.68%
Gross Profit Margin 21.57% 15.66%
Selling, General & Admin $13.83M $13.57M
YoY Change 1.88% 4.14%
% of Gross Profit 129.01% 214.17%
Research & Development $10.93M $10.56M
YoY Change 3.5% -5.61%
% of Gross Profit 101.95% 166.58%
Depreciation & Amortization $6.300M $5.900M
YoY Change 6.78% 1.72%
% of Gross Profit 58.77% 93.09%
Operating Expenses $24.76M $24.13M
YoY Change 2.59% -0.36%
Operating Profit -$14.04M -$17.79M
YoY Change -21.11% 49.92%
Interest Expense $1.431M $1.455M
YoY Change -1.65% 46.08%
% of Operating Profit
Other Income/Expense, Net -$1.584M -$1.052M
YoY Change 50.57% -2.5%
Pretax Income -$15.62M -$18.85M
YoY Change -17.11% 45.55%
Income Tax $0.00 -$2.049M
% Of Pretax Income
Net Earnings -$15.62M -$16.80M
YoY Change -7.0% 60.37%
Net Earnings / Revenue -31.43% -41.51%
Basic Earnings Per Share -$0.59 -$0.83
Diluted Earnings Per Share -$0.59 -$0.83
COMMON SHARES
Basic Shares Outstanding 26.44M 20.21M
Diluted Shares Outstanding 26.44M 20.21M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $45.50M $55.90M
YoY Change -18.6% -25.37%
Cash & Equivalents $45.48M $55.91M
Short-Term Investments
Other Short-Term Assets $9.100M $13.50M
YoY Change -32.59% 32.35%
Inventory $106.3M $87.11M
Prepaid Expenses
Receivables $47.57M $25.78M
Other Receivables $1.400M $400.0K
Total Short-Term Assets $209.9M $182.7M
YoY Change 14.87% -10.14%
LONG-TERM ASSETS
Property, Plant & Equipment $248.3M $243.7M
YoY Change 1.88% -2.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $915.0K $765.0K
YoY Change 19.61% -97.18%
Total Long-Term Assets $266.5M $270.8M
YoY Change -1.6% -5.92%
TOTAL ASSETS
Total Short-Term Assets $209.9M $182.7M
Total Long-Term Assets $266.5M $270.8M
Total Assets $476.4M $453.5M
YoY Change 5.03% -7.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.20M $36.24M
YoY Change -27.69% 28.04%
Accrued Expenses $14.03M $10.68M
YoY Change 31.39% -19.11%
Deferred Revenue $566.0K $310.0K
YoY Change 82.58%
Short-Term Debt $6.300M $9.600M
YoY Change -34.38% 84.62%
Long-Term Debt Due $50.80M $38.10M
YoY Change 33.36% 109.32%
Total Short-Term Liabilities $98.42M $95.51M
YoY Change 3.04% 46.49%
LONG-TERM LIABILITIES
Long-Term Debt $13.69M $15.32M
YoY Change -10.64% -83.71%
Other Long-Term Liabilities $7.700M $7.900M
YoY Change -2.53% -5.95%
Total Long-Term Liabilities $13.69M $15.32M
YoY Change -10.64% -85.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $98.42M $95.51M
Total Long-Term Liabilities $13.69M $15.32M
Total Liabilities $197.9M $196.0M
YoY Change 0.95% 16.97%
SHAREHOLDERS EQUITY
Retained Earnings -$104.1M -$46.85M
YoY Change 122.25%
Common Stock $27.00K $20.00K
YoY Change 35.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $278.5M $257.5M
YoY Change
Total Liabilities & Shareholders Equity $476.4M $453.5M
YoY Change 5.03% -7.67%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$15.62M -$16.80M
YoY Change -7.0% 60.37%
Depreciation, Depletion And Amortization $6.300M $5.900M
YoY Change 6.78% 1.72%
Cash From Operating Activities -$15.21M -$8.246M
YoY Change 84.5% -20715.0%
INVESTING ACTIVITIES
Capital Expenditures $2.212M $2.787M
YoY Change -20.63% -78.25%
Acquisitions
YoY Change
Other Investing Activities -$120.0K -$300.0K
YoY Change -60.0% -107.63%
Cash From Investing Activities -$2.422M -$3.200M
YoY Change -24.31% -64.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $15.07M -$75.00K
YoY Change -20198.67%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $17.48M $6.854M
YoY Change 154.96% -75.54%
NET CHANGE
Cash From Operating Activities -$15.21M -$8.246M
Cash From Investing Activities -$2.422M -$3.200M
Cash From Financing Activities $17.48M $6.854M
Net Change In Cash -$776.0K -$4.511M
YoY Change -82.8% -123.19%
FREE CASH FLOW
Cash From Operating Activities -$15.21M -$8.246M
Capital Expenditures $2.212M $2.787M
Free Cash Flow -$17.43M -$11.03M
YoY Change 57.94% -13.62%

Facts In Submission

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CY2020Q1 aaoi Increase Decrease In Operating And Finance Lease Liability
IncreaseDecreaseInOperatingAndFinanceLeaseLiability
-62000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-15214000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8246000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2212000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2787000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
52000 USD
CY2021Q1 us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
115000 USD
CY2020Q1 us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
353000 USD
CY2021Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
95000 USD
CY2020Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
112000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2422000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3200000 USD
CY2021Q1 aaoi Repayments Of Principals On Longterm Debt And Notes Payable
RepaymentsOfPrincipalsOnLongtermDebtAndNotesPayable
1029000 USD
CY2020Q1 aaoi Repayments Of Principals On Longterm Debt And Notes Payable
RepaymentsOfPrincipalsOnLongtermDebtAndNotesPayable
1108000 USD
CY2021Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
39512000 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
24916000 USD
CY2021Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
26320000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20000000 USD
CY2021Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
4772000 USD
CY2020Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
7195000 USD
CY2021Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
14280000 USD
CY2020Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
3798000 USD
CY2021Q1 aaoi Proceeds From Issuance Of Convertible Senior Notes Net Of Debt Issuance Costs
ProceedsFromIssuanceOfConvertibleSeniorNotesNetOfDebtIssuanceCosts
0 USD
CY2020Q1 aaoi Proceeds From Issuance Of Convertible Senior Notes Net Of Debt Issuance Costs
ProceedsFromIssuanceOfConvertibleSeniorNotesNetOfDebtIssuanceCosts
-13000 USD
CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8000 USD
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
258000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
259000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15074000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-75000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
17475000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6854000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-615000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
81000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-776000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4511000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
50114000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
67028000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
49338000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
62517000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
2219000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
2237000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-21000 USD
CY2021Q1 aaoi Increase Decrease In Accounts Payable Related To Property And Equipment Additions
IncreaseDecreaseInAccountsPayableRelatedToPropertyAndEquipmentAdditions
-506000 USD
CY2020Q1 aaoi Increase Decrease In Accounts Payable Related To Property And Equipment Additions
IncreaseDecreaseInAccountsPayableRelatedToPropertyAndEquipmentAdditions
75000 USD
CY2021Q1 aaoi Increase Decrease In Deposits And Prepaid For Equipment Related To Property And Equipment Additions
IncreaseDecreaseInDepositsAndPrepaidForEquipmentRelatedToPropertyAndEquipmentAdditions
47000 USD
CY2020Q1 aaoi Increase Decrease In Deposits And Prepaid For Equipment Related To Property And Equipment Additions
IncreaseDecreaseInDepositsAndPrepaidForEquipmentRelatedToPropertyAndEquipmentAdditions
304000 USD
CY2021Q1 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> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">​</p>
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
49701000 USD
CY2021Q1 aaoi Percentage Of Revenue
PercentageOfRevenue
1.000 pure
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40467000 USD
CY2020Q1 aaoi Percentage Of Revenue
PercentageOfRevenue
1.000 pure
CY2021Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
303000 USD
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
295000 USD
CY2021Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8000 USD
CY2021Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
9000 USD
CY2020Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
21000 USD
CY2021Q1 us-gaap Lease Cost
LeaseCost
320000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
324000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1335000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
22000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1328000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
22000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1247000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
60000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1249000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1278000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3892000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10329000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
104000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1654000 USD
CY2021Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
9000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8675000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
95000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y10M2D
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y10M13D
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M29D
CY2020Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M25D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0323 pure
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0317 pure
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0500 pure
CY2020Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0500 pure
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
330000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
318000 USD
CY2021Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000 USD
CY2020Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000 USD
CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4000 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
261000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
43425000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
45482000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3856000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6689000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49338000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50114000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-15622000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-16797000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26438000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20208000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26438000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20208000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.59
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.83
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.83
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4620000
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4635000
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
28304000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
25555000 USD
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
49194000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
52544000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
28838000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
32298000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
106336000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
110397000 USD
CY2021Q1 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
900000 USD
CY2020Q1 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
1600000 USD
CY2021Q1 us-gaap Inventory Write Down
InventoryWriteDown
6000000.0 USD
CY2020Q1 us-gaap Inventory Write Down
InventoryWriteDown
2500000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
362751000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
360975000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
148029000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
142434000 USD
CY2021Q1 aaoi Property Pant And Equipment Net Before Construction In Progress And Land
PropertyPantAndEquipmentNetBeforeConstructionInProgressAndLand
214722000 USD
CY2020Q4 aaoi Property Pant And Equipment Net Before Construction In Progress And Land
PropertyPantAndEquipmentNetBeforeConstructionInProgressAndLand
218541000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
248303000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
252984000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
6300000 USD
CY2020Q1 us-gaap Depreciation
Depreciation
5900000 USD
CY2021Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
100000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8273000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4330000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3943000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8179000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4180000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3999000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P7Y
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
588000 USD
CY2021Q1 aaoi Bank Acceptances Executed And Outstanding Current
BankAcceptancesExecutedAndOutstandingCurrent
6344000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
18000 USD
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
64489000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
52169000 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
50803000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
38265000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
13686000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
13904000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
588000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
588000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
588000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
588000 USD
CY2021Q1 aaoi Finitelived Intangible Asset Expected Amortization Year Five And Thereafter
FinitelivedIntangibleAssetExpectedAmortizationYearFiveAndThereafter
1003000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3943000 USD
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
64489000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
52187000 USD
CY2021Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
-0 USD
CY2020Q4 aaoi Bank Acceptances Executed And Outstanding Current
BankAcceptancesExecutedAndOutstandingCurrent
15860000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
50803000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
13686000 USD
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
64489000 USD
CY2021Q1 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
21800000 USD
CY2020Q4 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
28700000 USD
CY2021Q1 aaoi Libor Rate
LiborRate
0.0011 pure
CY2020Q4 aaoi Libor Rate
LiborRate
0.0014 pure
CY2021Q1 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
2600000 USD
CY2020Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
5400000 USD
CY2021Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
6963000 USD
CY2020Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
10517000 USD
CY2021Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
2871000 USD
CY2020Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
3057000 USD
CY2021Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
722000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
251000 USD
CY2021Q1 aaoi Accrued Interest Current
AccruedInterestCurrent
297000 USD
CY2020Q4 aaoi Accrued Interest Current
AccruedInterestCurrent
1256000 USD
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
566000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
303000 USD
CY2021Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
502000 USD
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
703000 USD
CY2021Q1 us-gaap Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
1157000 USD
CY2020Q4 us-gaap Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
974000 USD
CY2021Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
281000 USD
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
377000 USD
CY2021Q1 aaoi Accrued Shipping And Tariff Expenses
AccruedShippingAndTariffExpenses
48000 USD
CY2020Q4 aaoi Accrued Shipping And Tariff Expenses
AccruedShippingAndTariffExpenses
526000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
622000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
547000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
14028000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18511000 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-208000 USD
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
139000 USD
CY2021Q1 aaoi Government Subsidy Income
GovernmentSubsidyIncome
38000 USD
CY2020Q1 aaoi Government Subsidy Income
GovernmentSubsidyIncome
105000 USD
CY2021Q1 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
1000 USD
CY2020Q1 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
12000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-169000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
256000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
276000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.29
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
5.41
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y8M1D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
54000 USD
CY2021Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2000
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.00
CY2021Q1 aaoi Sharebased Compensation Arrangement By Sharebased Payment Award Options Weighted Average Share Price On Date Of Exercise
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsWeightedAverageSharePriceOnDateOfExercise
0
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1000
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.00
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
CY2021Q1 aaoi Sharebased Compensation Arrangement By Sharebased Payment Award Options Forfeitures Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeituresIntrinsicValue
0 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
273000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.32
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
5.44
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y5M8D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
43000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
273000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.32
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y5M8D
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
43000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
273000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
10.33
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P2Y5M8D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
43000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
0 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2519000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3238000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.109 pure
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2020Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 pure
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
270654000 USD
CY2021Q1 us-gaap Noncurrent Assets
NoncurrentAssets
265592000 USD

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