LEDS · XBRL financial data

SemiLEDs financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (LEDS's year ends in late August)

In thousands of dollars	Q4 FY23Aug 31, 2023	Q1 FY24Nov 30, 2023	Q2 FY24Feb 29, 2024	Q3 FY24May 31, 2024	Q4 FY24Aug 31, 2024	Q1 FY25Nov 30, 2024	Q2 FY25Feb 28, 2025	Q3 FY25May 31, 2025	Q4 FY25Aug 31, 2025	Q1 FY26Nov 30, 2025	Q2 FY26Feb 28, 2026	Q3 FY26May 31, 2026
Revenue	1,453*	1,650	886	1,323	1,324*	1,261	10,872	17,651	13,225*	2,569	1,064	9,074
Revenue from contracts with customers	year only	—	—	—	year only	—	—	—	year only	—	—	—
Cost of revenue	1,412*	1,405	774	780	1,171*	1,001	9,869	16,712	12,996*	2,551	1,058	6,614
Gross profit	41*	245	112	543	153*	260	1,003	939	229*	18	6	2,460
Research and development	321*	372	251	320	217*	221	279	292	362*	356	276	363
Selling, general and administrative	787*	742	693	696	760*	696	614	709	853*	703	575	681
Total operating expenses	1,108*	1,064	944	1,016	978*	917	893	1,001	1,215*	1,029	851	1,045
Operating income (loss)	(1,067)*	(819)	(832)	(473)	(825)*	(657)	110	(62)	(986)*	(1,011)	(845)	1,415
Other income (expense)	288*	259	377	277	268*	282	265	266	286*	269	275	270
Net income (loss)	(881)*	(598)	(559)	(319)	(560)*	(547)	388	223	(1,194)*	—	—	—
Earnings per share, basic USD per share	(0.18)*	(0.12)	(0.11)	(0.04)	—	(0.08)	0.05	0.03	(0.13)*	(0.09)	(0.07)	0.18
Earnings per share, diluted USD per share	(0.18)*	(0.12)	(0.11)	(0.04)	—	(0.08)	0.05	0.03	(0.13)*	(0.09)	(0.07)	0.18
Weighted average shares, basic thousands of shares	4,924*	4,885	4,905	7,185	—	7,212	7,222	7,232	9,202*	8,226	8,255	8,264
Weighted average shares, diluted thousands of shares	4,924*	4,885	4,905	7,185	—	7,212	7,222	7,232	9,202*	8,226	8,255	8,264

Balance sheet

CSV

Fiscal quarters (LEDS's year ends in late August)

In thousands of dollars	Q4 FY23Aug 31, 2023	Q1 FY24Nov 30, 2023	Q2 FY24Feb 29, 2024	Q3 FY24May 31, 2024	Q4 FY24Aug 31, 2024	Q1 FY25Nov 30, 2024	Q2 FY25Feb 28, 2025	Q3 FY25May 31, 2025	Q4 FY25Aug 31, 2025	Q1 FY26Nov 30, 2025	Q2 FY26Feb 28, 2026	Q3 FY26May 31, 2026
Cash and cash equivalents	2,572	2,322	1,613	1,676	1,671	1,248	2,384	2,441	2,593	2,889	3,978	5,978
Accounts receivable	793	897	748	668	416	261	280	164	3,588	1,867	1,649	2,193
Inventory	4,022	3,895	3,751	3,673	3,574	3,722	13,531	11,933	4,776	3,923	4,885	4,739
Prepaid and other current assets	129	145	245	282	223	185	1,973	3,099	345	1,567	1,937	960
Total current assets	7,594	7,339	6,436	6,376	5,962	5,493	18,244	17,721	11,302	10,246	12,449	13,870
Property and equipment, net	3,233	3,172	2,996	2,788	2,798	2,609	2,598	2,933	2,713	2,497	2,353	2,263
Right-of-use asset	1,371	1,362	1,313	1,109	1,091	1,041	1,119	1,191	1,141	1,076	1,047	1,007
Total assets	13,455	13,160	12,019	11,511	11,138	10,400	23,186	23,180	15,593	14,231	16,260	17,543
Accounts payable	436	409	179	203	137	340	445	10,849	5,027	1,586	2,157	4,874
Accrued liabilities	2,711	2,895	2,562	2,665	2,936	2,799	15,063	4,183	3,776	6,778	8,924	6,057
Current portion of long-term debt	5,042	5,055	2,859	2,848	2,854	2,847	1,242	1,285	1,274	1,262	1,265	1,262
Total current liabilities	9,702	9,899	6,636	6,776	7,022	7,111	17,974	17,567	11,383	10,917	13,643	13,487
Long-term debt	1,327	1,237	1,110	969	870	744	626	566	434	308	193	77
Lease liability, non-current	1,232	1,274	1,181	1,001	997	965	991	1,053	996	937	920	900
Total liabilities	12,261	12,410	8,927	8,746	8,889	8,820	19,591	19,186	12,813	12,162	14,756	14,464
Accumulated deficit	(186,645)	(187,243)	(187,802)	(188,121)	(188,681)	(189,228)	(188,840)	(188,617)	(189,811)	(190,553)	(191,156)	(189,633)
Total stockholders' equity	1,151	704	3,044	2,715	2,201	1,580	3,595	3,994	2,780	2,069	1,504	3,079
Total liabilities and equity	13,455	13,160	12,019	11,511	11,138	10,400	23,186	23,180	15,593	14,231	16,260	17,543
Common shares outstanding (cover page) thousands of shares	4,941	4,969	7,175	7,196	7,212	7,212	8,201	8,222	8,226	8,226	8,258	8,273

Cash flows

CSV

Fiscal quarters (LEDS's year ends in late August)

In thousands of dollars	Q4 FY23Aug 31, 2023	Q1 FY24Nov 30, 2023	Q2 FY24Feb 29, 2024	Q3 FY24May 31, 2024	Q4 FY24Aug 31, 2024	Q1 FY25Nov 30, 2024	Q2 FY25Feb 28, 2025	Q3 FY25May 31, 2025	Q4 FY25Aug 31, 2025	Q1 FY26Nov 30, 2025	Q2 FY26Feb 28, 2026	Q3 FY26May 31, 2026
Net income (loss)	(881)*	(598)	(559)	(319)	(560)*	(547)	388	223	(1,194)*	—	—	—
Stock-based compensation	137*	113	107*	31*	31*	25	35*	22*	10*	39	42*	43*
Depreciation and amortization	118*	154	157*	144*	157*	156	156*	200*	205*	181	174*	172*
Net cash from operating activities	(339)*	(79)	(600)*	109*	205*	(158)	1,405*	693*	272*	361	1,203*	2,197*
Purchases of property and equipment	(12)*	50	19*	11*	43*	118	120*	310*	21*	30	14*	87*
Net cash from investing activities	(93)*	(12)	(23)*	(11)*	(55)*	(122)	(136)*	(313)*	(24)*	(1)	(15)*	(87)*
Repayments of long-term debt	102*	114	117*	105*	113*	112	109*	139*	120*	116	114*	115*
Net cash from financing activities	(102)*	(114)	(117)*	(105)*	(113)*	(244)	(107)*	(151)*	(120)*	(116)	(114)*	(115)*
Net change in cash	(476)*	(246)	(711)*	59*	(3)*	(425)	1,133*	74*	148*	291	1,090*	1,999*

Compare with peers

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
SemiLEDs	5,978	9,074	2,197*	8.3M	—	Q3 FY26 10-QMay 31, 2026
Tel Instrument Electronics	122	1,705*	(71)*	3.3M	1.7 quarters	Q4 FY25 10-KMar 31, 2025
Peraso	3,322	1,307	(1,574)*	15.1M	2.1 quarters	Q2 FY26 10-QJun 30, 2026
Guerrilla RF	6,321	10,096	2,334*	10.9M	—	Q3 FY26 10-QSep 30, 2026
Ascent Solar Technologies	14,538	95	(1,789)*	9.8M	8.1 quarters	Q2 FY26 10-QJun 30, 2026
SmartKem	3,689	0*	(1,821)*	28.3M	2.0 quarters	Q2 FY26 10-QJun 30, 2026
SUNation Energy	3,061	8,162	(1,100)*	6.5M	2.8 quarters	Q2 FY26 10-QJun 30, 2026
Nortech Systems	1,380	(400)*	(888)*	2.9M	1.6 quarters	Q2 FY26 10-QJun 30, 2026
IEH	9,360	10,021	(213)	2.5M	44.0 quarters	Q1 FY27 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.