SemiLEDs Corp
For the period ended May 31, 2025. Filed Jul 14, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
May 31, 2025 · Filed Jul 14, 2025
LEDS$2.38-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
May 31, 2025 and 2024
Condensed Consolidated Balance Sheets
(In thousands of U.S. dollars and shares, except par value)
| May 31, | August 31, | |
|---|---|---|
| 2025 | 2024 | |
| (Unaudited) | ||
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $2,441 | $1,671 |
| Restricted cash and cash equivalents | 84 | 78 |
| Accounts receivable (including related parties), net of allowance for doubtful accounts of $185 and $173 as of May 31, 2025 and August 31, 2024, respectively | 164 | 416 |
| Inventories | 11,933 | 3,574 |
| Prepaid expenses and other current assets | 3,099 | 223 |
| Total current assets | 17,721 | 5,962 |
| Property, plant and equipment, net | 2,933 | 2,798 |
| Operating lease right of use assets | 1,191 | 1,091 |
| Intangible assets, net | 94 | 90 |
| Investments in unconsolidated entities | 1,011 | 969 |
| Other assets | 230 | 228 |
| TOTAL ASSETS | $23,180 | $11,138 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES: | ||
| Current installments of long-term debt | $1,285 | $2,854 |
| Accounts payable | 10,849 | 137 |
| Accrued expenses and other current liabilities | 4,183 | 2,936 |
| Other payable to related parties | 1,112 | 1,001 |
| Operating lease liabilities, current | 138 | 94 |
| Total current liabilities | 17,567 | 7,022 |
| Long-term debt, excluding current installments | 566 | 870 |
| Operating lease liabilities, less current portion | 1,053 | 997 |
| Total liabilities | 19,186 | 8,889 |
| Commitments and contingencies (Note 5) | ||
| SHAREHOLDERS‘ EQUITY: | ||
| Common stock, $0.0000056 par value—15,000 shares authorized; 8,222 shares and 7,212 shares issued and outstanding as of May 31, 2025 and August 31, 2024, respectively | — | — |
| Additional paid-in capital | 188,928 | 187,337 |
| Accumulated other comprehensive income | 3,683 | 3,545 |
| Accumulated deficit | (188,617) | (188,681) |
| Total SemiLEDs stockholders' equity | 3,994 | 2,201 |
| Noncontrolling interests | — | 48 |
| Total shareholders' equity | 3,994 | 2,249 |
| TOTAL LIABILITIES AND EQUITY | $23,180 | $11,138 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.