# EDGAR Filing Document

**Accession Number:** 0001333822
**File Stem:** 0001193125-25-301172
**Filing Date:** 2025-11
**Character Count:** 14040
**Document Hash:** d1efb99654f129557fad46323582622f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-301172.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0001193125-25-301172

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20251128

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SemiLEDs Corp
- **CENTRAL INDEX KEY:** 0001333822
- **STANDARD INDUSTRIAL CLASSIFICATION:** SEMICONDUCTORS & RELATED DEVICES [3674]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 202735523
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34992
- **FILM NUMBER:** 251532324

**BUSINESS ADDRESS:**
- **STREET 1:** 3F, NO. 11 KE JUNG RD., CHU-NAN SITE
- **STREET 2:** HSINCHU SCIENCE PARK, MIAO-LI COUNTY
- **CITY:** CHU-NAN
- **STATE:** F5
- **ZIP:** 350
- **BUSINESS PHONE:** 886-37-586788

**MAIL ADDRESS:**
- **STREET 1:** 3F, NO. 11 KE JUNG RD., CHU-NAN SITE
- **STREET 2:** HSINCHU SCIENCE PARK, MIAO-LI COUNTY
- **CITY:** CHU-NAN
- **STATE:** F5
- **ZIP:** 350

?xml version='1.0' encoding='ASCII'? 8-K

------

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM** 8-K

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (date of earliest event reported):** November 28, 2025

SEMILEDS CORPORATION

**(Exact name of registrant as specified in charter)**

---

| | | |
|:---|:---|:---|
| Delaware | 001-34992 | 20-2735523 |
| **(State or other jurisdiction of incorporation)** | **(Commission File Number)** | **(IRS Employer Identification No.)** |

---

---

| | |
|:---|:---|
| 3F, No.11 Ke Jung Rd., Chu-Nan Site**,**<br>Hsinchu Science Park, Chu-Nan 350**,**<br>Miao-Li County**,** Taiwan**, R.O.C.** | 350 |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

**Registrant's telephone number, including area code: +**886**-**37-586788

**N/A**

**(Former name or former address if changed since last report)**

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $0.0000056 | LEDS | The Nasdaq Stock Market |

---

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 2.02. Results of Operations and Financial Condition.**

On November 28, 2025, SemiLEDs Corporation issued a press release announcing its preliminary financial results for the fourth quarter and the fiscal year ended August 31, 2025.

Such information is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

**Item 9.01. Financial Statements and Exhibits.**

***(d) Exhibits.***

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| &nbsp;&nbsp;&nbsp;&nbsp;99.1 | [<u>Press release, dated November 28, 2025, entitled "SemiLEDs Reports Fourth Quarter and Fiscal Year End 2025 Financial Results."</u>](leds-ex99_1.htm) |
| 104 | Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document. |

---

------

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | |
|:---|:---|:---|
| Date: November 28, 2025 |  |  |
|  | **SemiLEDs Corporation** | **SemiLEDs Corporation** |
|  | By: | /s/ Christopher Lee |
|  | Name: | **Christopher Lee** |
|  | Title: | **Chief Financial Officer** |

---

------

## Exhibit 99.1

**Exhibit 99.1**

![img261740701_0.jpg](img261740701_0.jpg)

**SemiLEDs Reports Fourth Quarter and Fiscal Year End 2025**

**Financial Results**

**Hsinchu, Taiwan (November 28, 2025)**— SemiLEDs Corporation (NASDAQ: LEDS), "SemiLEDs" or the "Company," a developer and manufacturer of LED chips and LED components, today announced its financial results for the fourth quarter and full fiscal year, ended August 31, 2025.

Revenue for the fourth quarter of fiscal 2025 was $13.2 million, compared to $17.7 million in the third quarter of fiscal 2025. GAAP net loss attributable to SemiLEDs stockholders for the fourth quarter of fiscal 2025 was $1.2 million, or $(0.15) per diluted share, compared to a net income of $223 thousand, or $0.03 per diluted share, in the third quarter of fiscal 2025.

GAAP gross margin for the fourth quarter of fiscal 2025 decreased to 2%, compared to 5% for the third quarter of fiscal 2025. Operating margin for the fourth quarter of fiscal 2025 decreased to negative 7%, compared with negative 0.4% for the third quarter of fiscal 2025. The Company's cash and cash equivalents were $2.6 million at August 31, 2025, compared to $2.4 million at the end of the third quarter of fiscal 2025.

Revenues for fiscal year 2025 increased to $43 million, compared to $5.2 million in fiscal year 2024. GAAP net loss attributable to SemiLEDs stockholders for fiscal year 2025 was $1.1 million, or $(0.15) per diluted share, compared to a net loss of $$2.0 million, or $(0.32) per diluted share, in fiscal year 2024.

GAAP gross margin for fiscal year 2025 decreased to 6%, compared with gross margin for fiscal year 2024 of 20%. Operating margin for fiscal year 2025 was negative 4%, compared with negative 57% in fiscal year 2024. The Company's cash and cash equivalents were $2.6 million as of August 31, 2025, compared to $1.7 million as of August 31, 2024.

**About SemiLEDs**

SemiLEDs develops and manufactures LED chips and LED components for general lighting applications, including street lights and commercial, industrial, system and residential lighting, along with specialty industrial applications such as ultraviolet (UV) curing, medical/cosmetic, counterfeit detection, horticulture, architectural lighting and entertainment lighting. SemiLEDs sells blue, white, green and UV LED chips.

------

**Forward Looking Statements**

This press release contains statements that may constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact could be deemed forward-looking, including any statements about historical results that may suggest trends for SemiLEDs' business; any statements of the plans, strategies and objectives of management for future operations; any statements of expectation or belief regarding recovery of the LED industry, market opportunities and other future events or technology developments; any statements regarding SemiLEDs' position to capitalize on any market opportunities; and any statements of assumptions underlying any of the foregoing. These forward-looking statements are based on current expectations, estimates, forecasts and projections of future SemiLEDs' or industry performance based on management's judgment, beliefs, current trends and market conditions and involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. SemiLEDs' Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") and other SemiLEDs filings with the SEC (which you may obtain for free at the SEC's website at http://www.sec.gov) discuss some of the important risks and other factors that may affect SemiLEDs' business, results of operations and financial condition. SemiLEDs undertakes no intent or obligation to publicly update or revise any of these forward looking statements, whether as a result of new information, future events or otherwise, except as required by law.

**Contacts:**

---

| |
|:---|
| Christopher Lee |
| Chief Financial Officer |
| SemiLEDs Corporation |
| +886-37-586788 |
| investor@semileds.com |

---

------

**SEMILEDS CORPORATION AND SUBSIDIARIES**

**Unaudited Condensed Consolidated Balance Sheets**

**(In thousands of U.S. dollars)**

---

| | | |
|:---|:---|:---|
|  | **August 31,** | **August 31,** |
|  | **2025** | **2024** |
| **ASSETS** |  |  |
| CURRENT ASSETS: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $2593 | $1671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable (including related parties), net | 3588 | 416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inventories, net | 4776 | 3574 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 345 | 223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets | 11302 | 5884 |
| Property, plant and equipment, net | 2713 | 2798 |
| Operating lease right of use assets | 1141 | 1091 |
| Intangible assets, net | 100 | 90 |
| Investments in unconsolidated entities | 65 | 969 |
| Other assets | 272 | 306 |
| TOTAL ASSETS | $15593 | $11138 |
| **LIABILITIES AND EQUITY** |  |  |
| CURRENT LIABILITIES: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Current installments of long-term debt | $1274 | $2854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 5027 | 137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses and other current liabilities | 3776 | 2936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other payable to related parties | 1161 | 1001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Operating lease liabilities, current portion | 145 | 94 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 11383 | 7022 |
| Long-term debt, excluding current installments | 434 | 870 |
| Operating lease liabilities, less current portion | 996 | 997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 12813 | 8889 |
| Commitments and contingencies |  |  |
| EQUITY: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SemiLEDs stockholders' equity |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stock |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional paid-in capital | 188939 | 187337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated other comprehensive income | 3652 | 3545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated deficit | (189811) | (188681) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total SemiLEDs stockholders' equity | 2780 | 2201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Noncontrolling interests |  | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total equity | 2780 | 2249 |
| TOTAL LIABILITIES AND EQUITY | $15593 | $11138 |

---

------

**SEMILEDS CORPORATION AND SUBSIDIARIES**

**Unaudited Condensed Consolidated Statements of Operations**

**(In thousands of U.S. dollars and shares, except per share data)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Three Months Ended** | **Three Months Ended** | **Years Ended August 31,** | **Years Ended August 31,** |
|  | **August 31, 2025** | **May 31, 2025** | **2025** | **2024** |
| Revenues, net | 13225 | 17651 | 43009 | 5183 |
| Cost of revenues | 12996 | 16712 | 40578 | 4130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gross profit | 229 | 939 | 2431 | 1053 |
| Operating expenses: |  |  |  |  |
| &nbsp;&nbsp;Research and development | 362 | 292 | 1154 | 1160 |
| &nbsp;&nbsp;Selling, general and administrative | 853 | 709 | 2872 | 2891 |
| &nbsp;&nbsp;Gain on disposals of long-lived assets, net |  |  |  | (49) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total operating expenses | 1215 | 1001 | 4026 | 4002 |
| Loss from operations | (986) | (62) | (1595) | (2949) |
| Other income (expenses): |  |  |  |  |
| &nbsp;&nbsp;Investment loss from unconsolidated entities | (936) | (9) | (958) | (3) |
| &nbsp;&nbsp;Interest expenses, net | (11) | (20) | (141) | (247) |
| &nbsp;&nbsp;Other income, net | 286 | 266 | 1100 | 1181 |
| &nbsp;&nbsp;Foreign currency transaction gain (loss), net | 453 | 48 | 464 | (13) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total other income (expense), net | (208) | 285 | 465 | 918 |
| (Loss) income before income taxes | (1194) | 223 | (1130) | (2031) |
| Income tax expense |  |  |  |  |
| Net (loss) income | (1194) | 223 | (1130) | (2031) |
| Less: Net income attributable to noncontrolling interests |  |  |  | 5 |
| Net (loss) income attributable to SemiLEDs stockholders | $(1194) | $223 | $(1130) | $(2036) |
| Net (loss) income per share attributable to SemiLEDs stockholders: |  |  |  |  |
| &nbsp;&nbsp;Basic and diluted | $(0.15) | $0.03 | $(0.15) | $(0.32) |
| Shares used in computing net (loss) income per share attributable<br> to SemiLEDs stockholders: |  |  |  |  |
| &nbsp;&nbsp;Basic and diluted | 8224 | 7232 | 7721 | 6320 |

---

------