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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2020
Aug. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 2,476 $ 1,363
Restricted cash and cash equivalents 85 19
Accounts receivable (including related parties), net of allowance for doubtful accounts of $184 and $195 as of May 31, 2020 and August 31, 2019, respectively 1,452 703
Inventories 2,680 2,083
Prepaid expenses and other current assets 788 460
Total current assets 7,481 4,628
Property, plant and equipment, net 5,733 5,878
Operating lease right of use assets 237  
Intangible assets, net 89 93
Investments in unconsolidated entities 935 894
Other assets 193 169
TOTAL ASSETS 14,668 11,662
CURRENT LIABILITIES:    
Current installments of long-term debt 3,240 398
Accounts payable 748 680
Advance receipt toward the convertible note 500 500
Accrued expenses and other current liabilities 2,950 2,342
Operating lease liabilities, current 116  
Total current liabilities 7,554 3,920
Long-term debt, excluding current installments 4,361 5,954
Operating lease liabilities, less current portion 121  
Total liabilities 12,036 9,874
Commitments and contingencies (Note 5)
SemiLEDs stockholders’ equity    
Common stock, $0.0000056 par value—7,500 shares authorized; 4,006 shares and 3,594 shares issued and outstanding as of May 31, 2020 and August 31, 2019, respectively
Additional paid-in capital 177,214 175,804
Accumulated other comprehensive income 3,667 3,753
Accumulated deficit (178,298) (177,816)
Total SemiLEDs stockholders' equity 2,583 1,741
Noncontrolling interests 49 47
Total equity 2,632 1,788
TOTAL LIABILITIES AND EQUITY $ 14,668 $ 11,662