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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2024
Aug. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 1,613 $ 2,572
Restricted cash and cash equivalents 79 78
Accounts receivable (including related parties), net of allowance for doubtful accounts of $175 and $173 as of February 29, 2024 and August 31, 2023, respectively 748 793
Inventories 3,751 4,022
Prepaid expenses and other current assets 245 129
Total current assets 6,436 7,594
Property, plant and equipment, net 2,996 3,233
Operating lease right of use assets 1,313 1,371
Intangible assets, net 96 97
Investments in unconsolidated entities 986 974
Other assets 192 186
TOTAL ASSETS 12,019 13,455
CURRENT LIABILITIES:    
Current installments of long-term debt 2,859 5,042
Accounts payable 179 436
Accrued expenses and other current liabilities 2,562 2,711
Other payable to related parties $ 904 $ 1,374
Accounts Payable, Related Party, Type [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Operating lease liabilities, current $ 132 $ 139
Total current liabilities 6,636 9,702
Long-term debt, excluding current installments 1,110 1,327
Operating lease liabilities, less current portion 1,181 1,232
Total liabilities 8,927 12,261
Commitments and contingencies (Note 5)
SemiLEDs stockholders’ equity    
Common stock, $0.0000056 par value-7,500 shares authorized; 7,175 shares and 4,941 shares issued and outstanding as of February 29, 2024 and August 31, 2023, respectively
Additional paid-in capital 187,275 184,246
Accumulated other comprehensive income 3,571 3,550
Accumulated deficit (187,802) (186,645)
Total SemiLEDs stockholders' equity 3,044 1,151
Noncontrolling interests 48 43
Total equity 3,092 1,194
TOTAL LIABILITIES AND EQUITY $ 12,019 $ 13,455