Condensed Parent Company Only Financial Statements (Tables)

12 Months Ended

Aug. 31, 2024

Condensed Financial Information Disclosure [Abstract]

Schedule of condensed parent company only balance sheets

The condensed parent company only financial information for SemiLEDs is presented below (in thousands):

	August 31,
Condensed Balance Sheets	2024		2023
ASSETS
Cash and cash equivalents	$	187	$	190
Prepaid expenses and other current assets		4,396		4,442
Total current assets		4,583		4,632
Intangible assets, net		1		1
Investments in subsidiaries		1,229		2,687
TOTAL ASSETS	$	5,813	$	7,320
LIABILITIES AND EQUITY
Accrued expenses and other current liabilities	$	1,164	$	1,539
Long-term debt, current portion		2,400		4,586
Total current liabilities		3,564		6,125
Total equity		2,249		1,195
TOTAL LIABILITIES AND EQUITY	$	5,813	$	7,320

Schedule of condensed parent company only statement of operations

SemiLEDs had no contingencies, long‑term obligations and guarantees as of August 31, 2024 or August 31, 2023.

	Years Ended August 31,
Condensed Statements of Operations	2024			2023
Operating expenses:
Selling, general and administrative	$	452		$	452
Loss from operations		(452	)		(452	)
Other expenses:
Equity in losses from subsidiaries, net		(1,350	)		(1,897	)
Interest expenses		(244	)		(323	)
Other income (expense), net		10			(18	)
Total other expenses, net		(1,584	)		(2,238	)
Net loss	$	(2,036	)	$	(2,690	)

Schedule of condensed parent company only statements of cash flows

	Years Ended August 31,
Condensed Statements of Cash Flows	2024			2023
Net cash provided by (used in):
Operating activities	$	(3	)	$	7,275
Investing activities		—			(9,300	)
Financing activities		—			—
Net decrease in cash and cash equivalents		(3	)		(2,025	)
Cash and cash equivalents at beginning of year		190			2,215
Cash and cash equivalents at end of year	$	187		$	190