Related Party Transactions

9 Months Ended

Mar. 31, 2026

Related Party Transactions [Abstract]

Related Party Transactions

Related Party Transactions

As of March 31, 2026, the Company owned approximately 18.9% equity interest in the JV Company, which, by definition, is a related party to the Company. The JV Company supplies 12-inch wafers and provides assembly and testing services to AOS. The JV Company reimbursed AOS for purchases made on its behalf of nil and $1.1 million for the three and nine months ended March 31, 2026, respectively and $2.0 million and $7.3 million for the three and nine months ended March 31, 2025, respectively. The purchases by AOS for the three and nine months ended March 31, 2026 were $26.5 million and $81.9 million, respectively, and for the three and nine months ended March 31, 2025 were $25.9 million and $82.4 million, respectively. Due to the right of offset of receivables and payables with the JV Company, as of March 31, 2026 and June 30, 2025, AOS recorded the net amount of $16.7 million and $15.8 million, respectively, as a payable related to equity investee, net, on the Condensed Consolidated Balance Sheet. During the three and nine months ended March 31, 2026, the Company also recorded nil and approximately $1.9 million, respectively, of other income for certain services the Company provided to the JV Company.