LEDS · XBRL financial data

SemiLEDs financial statements, every fiscal year

The same tables from 6 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 years (LEDS's year ends in late August)

In thousands of dollars	FY 2019Jan 22, 2021	FY 2021Aug 31, 2021	FY 2022Aug 31, 2022	FY 2023Aug 31, 2023	FY 2024Aug 31, 2024	FY 2025Aug 31, 2025
Revenue	—	4,735	7,051	5,979	5,183	43,009
Revenue from contracts with customers	—	4,735	7,051	5,979	5,183	43,009
Cost of revenue	—	3,702	5,654	4,972	4,130	40,578
Gross profit	—	1,033	1,397	1,007	1,053	2,431
Research and development	—	1,623	1,484	1,353	1,160	1,154
Selling, general and administrative	—	3,614	3,309	3,058	2,891	2,872
Total operating expenses	—	4,951	4,597	4,411	4,002	4,026
Operating income (loss)	—	(3,918)	(3,200)	(3,404)	(2,949)	(1,595)
Other income (expense)	—	1,090	1,485	1,054	1,181	1,100
Net income (loss)	—	(2,851)	(2,744)	(2,690)	(2,036)	(1,130)
Earnings per share, basic USD per share	—	(0.68)	(0.61)	(0.55)	(0.32)	(0.15)
Earnings per share, diluted USD per share	—	(0.68)	(0.61)	(0.55)	(0.32)	(0.15)
Weighted average shares, basic thousands of shares	—	4,180	4,522	4,881	6,320	7,721
Weighted average shares, diluted thousands of shares	—	4,180	4,522	4,881	6,320	7,721

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

In thousands of dollars	FY 2019Jan 22, 2021	FY 2021Aug 31, 2021	FY 2022Aug 31, 2022	FY 2023Aug 31, 2023	FY 2024Aug 31, 2024	FY 2025Aug 31, 2025
Cash and cash equivalents	—	4,833	4,274	2,572	1,671	2,593
Accounts receivable	—	865	880	793	416	3,588
Inventory	—	3,937	3,784	4,022	3,574	4,776
Prepaid and other current assets	—	329	123	129	223	345
Total current assets	—	10,054	9,143	7,594	5,962	11,302
Property and equipment, net	7,213	5,244	4,139	3,233	2,798	2,713
Right-of-use asset	—	1,635	1,578	1,371	1,091	1,141
Total assets	—	18,239	16,054	13,455	11,138	15,593
Accounts payable	—	753	286	436	137	5,027
Accrued liabilities	—	2,783	2,702	2,711	2,936	3,776
Current portion of long-term debt	—	5,109	5,063	5,042	2,854	1,274
Total current liabilities	—	9,507	9,255	9,702	7,022	11,383
Long-term debt	—	2,569	1,866	1,327	870	434
Lease liability, non-current	—	1,537	1,435	1,232	997	996
Total liabilities	—	13,613	12,556	12,261	8,889	12,813
Accumulated deficit	—	(181,211)	(183,955)	(186,645)	(188,681)	(189,811)
Total stockholders' equity	—	4,587	3,453	1,151	2,201	2,780
Total liabilities and equity	—	18,239	16,054	13,455	11,138	15,593
Common shares outstanding (cover page) thousands of shares	3,594	4,460	4,832	4,941	7,212	8,226

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

In thousands of dollars	FY 2019Jan 22, 2021	FY 2021Aug 31, 2021	FY 2022Aug 31, 2022	FY 2023Aug 31, 2023	FY 2024Aug 31, 2024	FY 2025Aug 31, 2025
Net income (loss)	—	(2,851)	(2,744)	(2,690)	(2,036)	(1,130)
Stock-based compensation	—	186	459	518	282	92
Depreciation and amortization	—	897	938	1,003	612	717
Net cash from operating activities	—	(1,737)	(1,508)	(984)	(365)	2,212
Purchases of property and equipment	—	118	280	200	123	569
Net cash from investing activities	—	159	(113)	(321)	(101)	(595)
Proceeds from issuing common stock	—	4,302	995	—	—	—
Repayments of long-term debt	—	173	482	456	449	480
Net cash from financing activities	—	3,990	490	(456)	(449)	(622)
Net change in cash	—	2,016	(576)	(1,711)	(901)	930

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.