SemiLEDs Corp
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $43.0M | $5.2M | $6.0M | $7.1M | $4.7M | $6.1M |
| Operating income | −$1.6M | −$2.9M | −$3.4M | −$3.2M | −$3.9M | −$2.1M |
| Net income | −$1.1M | −$2.0M | −$2.7M | −$2.7M | −$2.9M | −$544,000 |
| Total assets | $15.6M | $11.1M | $13.5M | $16.1M | $18.2M | $14.6M |
| Total liabilities | $12.8M | $8.9M | $12.3M | $12.6M | $13.6M | $12.0M |
| Equity | $2.8M | $2.2M | $1.2M | $3.5M | $4.6M | $2.5M |
| EPS (diluted) | $-0.15 | $-0.32 | $-0.55 | $-0.61 | $-0.68 | — |
| Shares out. | 8.2M | 7.2M | 4.9M | 4.8M | 4.5M | 4.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −3.7%
- Net margin
- −2.6%
- Return on equity
- −40.6%
- Return on assets
- −7.2%
- Return on capital (ROCE)
- −37.9%
- Liabilities / assets
- 82.2%
- Debt / equity
- 4.61×
- Book value / share
- $0.34
- Revenue growth (YoY)
- 729.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -40.18distress
- Accruals / assets
- −21.4%clean
- Beneish M-Score
- 4.34elevated
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 4 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Beneish M-Score elevated — earnings-manipulation screen flag
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Dec 1, 2015
- NT 10-Kmissed a reporting deadline ↗Dec 2, 2014
- NT 10-Kmissed a reporting deadline ↗Nov 30, 2012
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Doan Trung TActivist (13D)Mar 4, 2025
- Simplot Taiwan Inc.Activist (13D)Mar 4, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 8,650 | 1.0 | -43.7% |
| Apr 30, 2026 | 15,367 | 1.0 | +90.4% |
| Apr 15, 2026 | 8,070 | 1.0 | +1.7% |
| Mar 31, 2026 | 7,937 | 1.0 | +31.6% |
| Mar 13, 2026 | 6,033 | 1.0 | +5.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsApr 14, 2026
- Delisting / listing-standard noticeFeb 3, 2026
- Entered a material agreementJan 16, 2026
- Results of operationsJan 14, 2026
- Results of operationsNov 28, 2025
- Shareholder voteSep 2, 2025
- Results of operations · Changed auditorJul 11, 2025
- Delisting / listing-standard noticeApr 15, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SDMay 27, 2026
- 10-QApr 14, 2026
- 8-KApr 14, 2026
- 8-KFeb 3, 2026
- 8-KJan 16, 2026
- 10-QJan 14, 2026
- 8-KJan 14, 2026
- 10-KNov 28, 2025
- 4PRIMARY DOCUMENTNov 28, 2025
- 4PRIMARY DOCUMENTNov 28, 2025
- 4PRIMARY DOCUMENTNov 28, 2025
- 8-KNov 28, 2025
- 8-KSep 2, 2025
- DEF 14AJul 15, 2025
- ARSJul 15, 2025
Event-driven situations (1)
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