APPLIED OPTOELECTRONICS, INC.【AAOI】

Market cap

$5.2B

P/E ratio

	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	22	32	28	50	83	56	60	43	35	25	45	67
Restricted cash	-	-	-	2	1	2	7	7	6	11	10	12
Accounts receivable - trade, net of allowance of $1 and $3, respectively	22	32	39	50	60	31	35	43	48	61	48	117
Notes receivable	-	1	-	-	-	-	-	0	8	0	0	-
Inventories	20	34	66	52	76	93	85	110	93	80	64	88
Prepaid income tax	-	-	-	-	1	1	0	0	0	-	0	0
Prepaid expenses and other current assets	5	6	8	4	9	11	6	5	4	6	5	17
Total current assets	78	113	154	158	230	194	193	209	194	183	173	301
Property, plant and equipment, net	31	65	110	144	198	234	248	253	243	210	200	219
Land use rights, net	1	1	1	1	1	6	6	6	6	5	5	5
Operating right of use asset	-	-	-	-	-	-	8	8	7	6	5	10
Intangible assets, net	-	-	-	-	-	-	4	4	4	4	4	4
Other assets, net	0	1	5	4	8	7	1	1	1	0	3	8
TOTAL ASSETS	111	184	273	322	453	467	467	481	454	408	389	547
Accounts payable	15	31	29	36	44	30	33	29	34	48	33	105
Bank acceptance payable	-	-	-	-	-	-	6	16	8	12	15	19
Accrued liabilities	5	7	12	15	19	19	18	19	16	17	19	22
Unearned revenue	-	-	-	-	-	-	-	-	-	-	2	-
Current lease liability - operating	-	-	-	-	-	-	1	1	1	1	1	1
Current portion of notes payable and long-term debt	-	-	-	-	-	-	-	-	-	-	23	22
Current portion of convertible senior notes	-	-	-	-	-	-	-	-	-	-	0	-
Total current liabilities	39	49	74	60	71	77	91	103	109	139	93	170
Convertible senior notes	-	-	-	-	-	-	77	78	79	80	76	134
Non-current lease liability - operating	-	-	-	-	-	-	8	8	7	6	5	9
Notes payable and long-term debt, less current portion	-	-	-	-	-	-	17	14	5	-	-	4
TOTAL LIABILITIES	48	69	108	95	120	138	193	203	200	224	174	318
Preferred Stock; 5,000 shares authorized at $0.001 par value; no shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock; 80,000 shares authorized at $0.001 par value; 49,393 and 38,148 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital	144	192	233	265	285	292	303	355	381	392	479	683
Accumulated other comprehensive income (loss)	-	-	-	-	-	-	0	12	16	2	1	-3
Accumulated deficit	-83	-79	-68	-37	38	36	-30	-89	-143	-209	-265	-452
TOTAL STOCKHOLDERS' EQUITY	63	115	165	227	333	329	274	278	255	185	215	229
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	111	184	273	322	453	467	467	481	454	408	389	547