2014 Q1 Form 10-Q Financial Statement
#000110465914002339 Filed on January 14, 2014
Income Statement
| Concept | 2014 Q1 | 2013 Q4 | 2012 Q4 |
|---|---|---|---|
| Revenue | $4.171M | $3.417M | $6.227M |
| YoY Change | -13.64% | -45.13% | -7.71% |
| Cost Of Revenue | $7.308M | $5.754M | $9.515M |
| YoY Change | -10.69% | -39.53% | 25.71% |
| Gross Profit | -$3.137M | -$2.337M | -$3.288M |
| YoY Change | -6.44% | -28.92% | 300.0% |
| Gross Profit Margin | -75.21% | -68.39% | -52.8% |
| Selling, General & Admin | $2.263M | $2.644M | $3.663M |
| YoY Change | -13.63% | -27.82% | -6.2% |
| % of Gross Profit | |||
| Research & Development | $1.219M | $1.126M | $1.223M |
| YoY Change | 17.89% | -7.93% | -27.59% |
| % of Gross Profit | |||
| Depreciation & Amortization | $1.560M | $1.566M | $2.097M |
| YoY Change | -25.0% | -25.32% | 6.77% |
| % of Gross Profit | |||
| Operating Expenses | $3.482M | $3.770M | $4.886M |
| YoY Change | -4.71% | -22.84% | -12.66% |
| Operating Profit | -$6.619M | -$6.107M | -$8.174M |
| YoY Change | -5.54% | -25.29% | 27.4% |
| Interest Expense | -$1.000K | -$37.00K | $5.000K |
| YoY Change | -103.45% | -840.0% | 25.0% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $191.0K | -$243.0K | -$944.0K |
| YoY Change | -76.88% | -74.26% | -33.29% |
| Pretax Income | -$6.428M | -$6.350M | -$9.118M |
| YoY Change | 4.0% | -30.36% | 16.43% |
| Income Tax | $0.00 | $0.00 | $0.00 |
| % Of Pretax Income | |||
| Net Earnings | -$6.409M | -$6.292M | -$8.923M |
| YoY Change | 6.98% | -29.49% | 15.57% |
| Net Earnings / Revenue | -153.66% | -184.14% | -143.3% |
| Basic Earnings Per Share | -$0.32 | ||
| Diluted Earnings Per Share | -$2.297M | -$2.263M | -$0.32 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 27.76M shares | 27.76M shares | 27.50M shares |
| Diluted Shares Outstanding | 27.50M shares |
Balance Sheet
| Concept | 2014 Q1 | 2013 Q4 | 2012 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $21.50M | $28.10M | $47.70M |
| YoY Change | -51.03% | -41.09% | -35.54% |
| Cash & Equivalents | $21.51M | $28.12M | $39.32M |
| Short-Term Investments | $8.300M | ||
| Other Short-Term Assets | $2.000M | $1.100M | $1.100M |
| YoY Change | 33.33% | 0.0% | -31.25% |
| Inventory | $10.81M | $11.34M | $11.71M |
| Prepaid Expenses | |||
| Receivables | $2.472M | $2.417M | $4.086M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $36.89M | $43.16M | $64.53M |
| YoY Change | -37.46% | -33.12% | -33.95% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $28.38M | $29.49M | $46.21M |
| YoY Change | -34.57% | -36.19% | -10.96% |
| Goodwill | $58.00K | $59.00K | $1.104M |
| YoY Change | -94.64% | -94.66% | |
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $2.200M | $2.200M | $4.400M |
| YoY Change | -48.84% | -50.0% | -68.12% |
| Other Assets | $1.330M | $1.470M | $1.572M |
| YoY Change | -15.61% | -6.49% | 31.0% |
| Total Long-Term Assets | $33.47M | $34.67M | $54.84M |
| YoY Change | -35.37% | -36.79% | -21.2% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $36.89M | $43.16M | $64.53M |
| Total Long-Term Assets | $33.47M | $34.67M | $54.84M |
| Total Assets | $70.36M | $77.83M | $119.4M |
| YoY Change | -36.48% | -34.8% | -28.64% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $3.854M | $2.455M | $4.630M |
| YoY Change | 14.8% | -46.98% | 18.72% |
| Accrued Expenses | $4.577M | $5.802M | $5.681M |
| YoY Change | 10.45% | 2.13% | -26.22% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | $2.115M | $2.243M | $1.001M |
| YoY Change | 34.54% | 124.08% | 11.22% |
| Total Short-Term Liabilities | $10.60M | $10.55M | $11.36M |
| YoY Change | 16.14% | -7.15% | -15.83% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $5.145M | $5.755M | $4.852M |
| YoY Change | -9.99% | 18.61% | -13.36% |
| Other Long-Term Liabilities | $300.0K | $300.0K | $400.0K |
| YoY Change | -25.0% | -25.0% | 0.0% |
| Total Long-Term Liabilities | $5.145M | $5.755M | $4.852M |
| YoY Change | -9.99% | 18.61% | -19.13% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $10.60M | $10.55M | $11.36M |
| Total Long-Term Liabilities | $5.145M | $5.755M | $4.852M |
| Total Liabilities | $16.06M | $16.63M | $16.59M |
| YoY Change | 5.6% | 0.25% | -20.99% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$120.9M | -$114.4M | -$73.35M |
| YoY Change | 52.32% | 56.02% | |
| Common Stock | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $54.26M | $61.13M | $101.9M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $70.36M | $77.83M | $119.4M |
| YoY Change | -36.5% | -34.8% | -28.64% |
Cashflow Statement
| Concept | 2014 Q1 | 2013 Q4 | 2012 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$6.409M | -$6.292M | -$8.923M |
| YoY Change | 6.98% | -29.49% | 15.57% |
| Depreciation, Depletion And Amortization | $1.560M | $1.566M | $2.097M |
| YoY Change | -25.0% | -25.32% | 6.77% |
| Cash From Operating Activities | -$4.200M | -$5.430M | -$3.250M |
| YoY Change | -0.94% | 67.08% | -6.07% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$980.0K | $483.0K | $1.669M |
| YoY Change | 88.46% | -71.06% | -71.26% |
| Acquisitions | $1.626M | ||
| YoY Change | |||
| Other Investing Activities | -$530.0K | -$1.800M | $1.000K |
| YoY Change | -106.35% | -180100.0% | -50.0% |
| Cash From Investing Activities | -$1.500M | -$2.360M | -$3.920M |
| YoY Change | -119.18% | -39.8% | -33.67% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | $562.0K | $244.0K | |
| YoY Change | 130.33% | 4.27% | |
| Cash From Financing Activities | -650.0K | -560.0K | -1.870M |
| YoY Change | -141.14% | -70.05% | 790.48% |
| NET CHANGE | |||
| Cash From Operating Activities | -4.200M | -5.430M | -3.250M |
| Cash From Investing Activities | -1.500M | -2.360M | -3.920M |
| Cash From Financing Activities | -650.0K | -560.0K | -1.870M |
| Net Change In Cash | -6.350M | -8.350M | -9.040M |
| YoY Change | -223.06% | -7.63% | -5.64% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$4.200M | -$5.430M | -$3.250M |
| Capital Expenditures | -$980.0K | $483.0K | $1.669M |
| Free Cash Flow | -$3.220M | -$5.913M | -$4.919M |
| YoY Change | -13.44% | 20.21% | -46.92% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q4 | leds |
Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
|
7 | item |
| CY2013Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2237000 | USD |
| CY2013Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2193000 | USD |
| CY2013Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
3403000 | USD |
| CY2013Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
3865000 | USD |
| CY2013Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
5702000 | USD |
| CY2013Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
4442000 | USD |
| CY2013Q4 | us-gaap |
Inventory Net
InventoryNet
|
11342000 | USD |
| CY2013Q3 | us-gaap |
Inventory Net
InventoryNet
|
10500000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
89652000 | USD |
| CY2013Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
88477000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
60165000 | USD |
| CY2013Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
58004000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
29487000 | USD |
| CY2013Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
30473000 | USD |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1807000 | USD |
| CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3029000 | USD |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
376000 | USD |
| CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1650000 | USD |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1431000 | USD |
| CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1379000 | USD |
| CY2013Q4 | dei |
Entity Registrant Name
EntityRegistrantName
|
SemiLEDs Corp | |
| CY2013Q4 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001333822 | |
| CY2013Q4 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2013Q4 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-11-30 | |
| CY2013Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
2220000 | USD |
| CY2013Q4 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2013Q4 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--08-31 | |
| CY2013Q4 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2013Q4 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
| CY2014Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
27760780 | shares |
| CY2013Q4 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
| CY2013Q4 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2013Q4 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Use of Estimates</font></b><font style="FONT-SIZE: 10pt;" size="2">—The preparation of unaudited interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited interim condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant items subject to such estimates and assumptions include the collectibility of accounts receivable, inventory net realizable values, realization of deferred tax assets, valuation of stock-based compensation expense, the useful lives of property, plant and equipment and intangible assets, the recoverability of the carrying amount of property, plant and equipment, intangible assets, goodwill and investments in unconsolidated entities, the fair value of acquired tangible and intangible assets, income tax uncertainties, provision for potential litigation costs and other contingencies. Management bases its estimates on historical experience and also on assumptions that it believes are reasonable. Management assesses these estimates on a regular basis; however, actual results could differ materially from those estimates.</font></p> </div> | |
| CY2013Q4 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Concentration of Credit Risk</font></b><font style="FONT-SIZE: 10pt;" size="2">—Financial instruments that subject the Company to concentrations of credit risk consist primarily of cash, cash equivalents and accounts receivable.</font></p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The Company keeps its cash</font> <font style="FONT-SIZE: 10pt;" size="2">and</font> <font style="FONT-SIZE: 10pt;" size="2">cash equivalents in demand deposits with prominent banks of high credit quality and invests only in money market funds. Deposits held with banks may exceed the amount of insurance provided on such deposits. As of November 30, 201</font><font style="FONT-SIZE: 10pt;" size="2">3</font> <font style="FONT-SIZE: 10pt;" size="2">and August 31, 201</font><font style="FONT-SIZE: 10pt;" size="2">3</font><font style="FONT-SIZE: 10pt;" size="2">, cash</font> <font style="FONT-SIZE: 10pt;" size="2">and</font> <font style="FONT-SIZE: 10pt;" size="2">cash equivalents of the Company consisted of the following (in thousands):</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <table style="text-align:left;WIDTH: 80%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in;" border="0" cellspacing="0" cellpadding="0" width="80%"> <tr style="padding:0;"> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" valign="bottom" width="62%"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold;" size="1">Cash</font></b><b><font style="FONT-SIZE: 8pt; FONT-WEIGHT: bold;" size="1"> and</font></b><b><font style="FONT-SIZE: 8pt; FONT-WEIGHT: bold;" size="1"> Cash Equivalents by Location</font></b></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt;" align="center"> </p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt;" align="center"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold;" size="1">November 30,<br /> 201</font></b><b><font style="FONT-SIZE: 8pt; FONT-WEIGHT: bold;" size="1">3</font></b></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt;" align="center"> </p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt;" align="center"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt; FONT-WEIGHT: bold;" size="1">August 31,<br /> 201</font></b><b><font style="FONT-SIZE: 8pt; FONT-WEIGHT: bold;" size="1">3</font></b></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="1%"> <p style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt;" align="center"> </p></td></tr> <tr style="padding:0;"> <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">United States:</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 20pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Denominated in U.S. dollars</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.3%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">$</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 13.7%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="13%"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">18,582</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.3%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">$</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 13.7%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="13%"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">18,631</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Taiwan:</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 20pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Denominated in U.S. dollars</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">6,997</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">16,158</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 20pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Denominated in New Taiwan dollars</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">1,403</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">445</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 20pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Denominated in other currencies</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">332</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">264</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">China (including Hong Kong):</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 20pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Denominated in U.S. dollars</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">377</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">345</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 20pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Denominated in Renminbi</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">430</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">428</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 20pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Denominated in H.K. dollars</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">1</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 15%; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" valign="bottom" width="15%" colspan="2"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">1</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; PADDING-TOP: 0in;" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr> <tr style="padding:0;"> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 62.48%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="top" width="62%"> <p style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Total cash</font> <font style="FONT-SIZE: 10pt;" size="2">and</font> <font style="FONT-SIZE: 10pt;" size="2">cash equivalents</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.3%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">$</font></p></td> <td style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 13.7%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="13%"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">28,122</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 3.12%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="3%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td> <td style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.3%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">$</font></p></td> <td style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 13.7%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: medium none; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="13%"> <p style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt;" align="right"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">36,272</font></p></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 1.26%; PADDING-RIGHT: 0in; BACKGROUND: #cceeff; PADDING-TOP: 0in;" bgcolor="#CCEEFF" valign="bottom" width="1%"> <p style="MARGIN: 0in 0in 0pt;"> </p></td></tr></table> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">T</font><font style="FONT-SIZE: 10pt;" size="2">he Company’s revenues are</font> <font style="FONT-SIZE: 10pt;" size="2">substantially</font> <font style="FONT-SIZE: 10pt;" size="2">derived from the sales of LED products. A significant portion of the Company’s revenues are derived from a limited number of customers and sales are concentrated in a few select markets. Management performs ongoing credit evaluations of its customers and generally does not require collateral on accounts receivable. Management evaluates the need to establish an allowance for doubtful accounts for estimated potential credit losses at each reporting period. The allowance for doubtful accounts is based on the management’s assessment of the collectibility of its customer accounts. Management regularly reviews the allowance by considering certain factors, such as historical experience, industry data, credit quality, age of accounts receivable balances and current economic conditions that may affect a customer’s ability to pay.</font></p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Net revenues generated from sales to the top ten customers represented 43% and 47% of the Company’s total net revenues for the</font> <font style="FONT-SIZE: 10pt;" size="2">three months ended November 30, 201</font><font style="FONT-SIZE: 10pt;" size="2">3 and 2012, respectively.</font></p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 31pt; MARGIN: 0in 0in 0pt 6pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The Company’s revenues have been concentrated in a few select markets, including Taiwan, the United States</font><font style="FONT-SIZE: 10pt;" size="2">,</font> <font style="FONT-SIZE: 10pt;" size="2">China and Russia</font><font style="FONT-SIZE: 10pt;" size="2">.</font> <font style="FONT-SIZE: 10pt;" size="2">Net revenues generated from sales to customers in these markets, in</font> <font style="FONT-SIZE: 10pt;" size="2">the</font> <font style="FONT-SIZE: 10pt;" size="2">aggregate, accounted for</font> <font style="FONT-SIZE: 10pt;" size="2">61</font><font style="FONT-SIZE: 10pt;" size="2">% and</font> <font style="FONT-SIZE: 10pt;" size="2">62</font><font style="FONT-SIZE: 10pt;" size="2">% of the Company’s</font> <font style="FONT-SIZE: 10pt;" size="2">total</font> <font style="FONT-SIZE: 10pt;" size="2">net revenues for the three months ended November 30, 201</font><font style="FONT-SIZE: 10pt;" size="2">3 and 2012, respectively</font><font style="FONT-SIZE: 10pt;" size="2">.</font></p> </div> | |
| CY2013Q4 | leds |
Period Over Which Significant Loss Incurred Preceding Current Fiscal Year
PeriodOverWhichSignificantLossIncurredPrecedingCurrentFiscalYear
|
P3Y | |
| CY2013Q4 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
283000 | USD |
| CY2012Q4 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
202000 | USD |
| CY2013Q4 | leds |
Share Based Compensation Arrangement By Share Based Payment Award Estimated Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardEstimatedForfeitureRate
|
0.00 | pure |
| CY2013Q4 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
2001000 | USD |
| CY2013Q3 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
1986000 | USD |
| CY2013Q3 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
2275000 | USD |
| CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
931000 | USD |
| CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1295000 | USD |
| CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1230000 | USD |
| CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
642000 | USD |
| CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
276000 | USD |
| CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
221000 | USD |
| CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
4595000 | USD |
| CY2013Q4 | us-gaap |
Purchase Obligation
PurchaseObligation
|
2100000 | USD |
| CY2013Q3 | us-gaap |
Purchase Obligation
PurchaseObligation
|
3200000 | USD |
| CY2013Q4 | leds |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
|
1 | item |
| CY2013Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
533000 | USD |
| CY2013Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-563000 | USD |
| CY2012Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-693000 | USD |
| CY2013Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-5787000 | USD |
| CY2012Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-8425000 | USD |
| CY2013Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6350000 | USD |
| CY2012Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-9118000 | USD |
| CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
147000 | USD |
| CY2013Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
145000 | USD |
| CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
36272000 | USD |
| CY2013Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2152000 | USD |
| CY2013Q3 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
120000 | USD |
| CY2013Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1080000 | USD |
| CY2013Q4 | leds |
Allowance For Doubtful Accounts Receivable Related Party Current
AllowanceForDoubtfulAccountsReceivableRelatedPartyCurrent
|
1410000 | USD |
| CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0000056 | |
| CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
32143000 | shares |
| CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
43163000 | USD |
| CY2013Q4 | us-gaap |
Assets
Assets
|
77830000 | USD |
| CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
10551000 | USD |
| CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
16633000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
61133000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
61197000 | USD |
| CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
77830000 | USD |
| CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1601000 | USD |
| CY2012Q4 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-926000 | USD |
| CY2012Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-944000 | USD |
| CY2012Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-9118000 | USD |
| CY2012Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-195000 | USD |
| CY2013Q3 | us-gaap |
Assets Current
AssetsCurrent
|
50124000 | USD |
| CY2013Q3 | us-gaap |
Goodwill
Goodwill
|
59000 | USD |
| CY2013Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1395000 | USD |
| CY2013Q3 | us-gaap |
Assets
Assets
|
85705000 | USD |
| CY2013Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
2294000 | USD |
| CY2013Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3534000 | USD |
| CY2013Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
6825000 | USD |
| CY2013Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
51000 | USD |
| CY2013Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
12704000 | USD |
| CY2013Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
6169000 | USD |
| CY2013Q3 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
339000 | USD |
| CY2013Q3 | us-gaap |
Liabilities
Liabilities
|
19212000 | USD |
| CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
169114000 | USD |
| CY2013Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
5557000 | USD |
| CY2013Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-108155000 | USD |
| CY2013Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
66516000 | USD |
| CY2013Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
66493000 | USD |
| CY2013Q3 | us-gaap |
Minority Interest
MinorityInterest
|
-23000 | USD |
| CY2013Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
85705000 | USD |
| CY2013Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1616000 | USD |
| CY2013Q3 | leds |
Allowance For Doubtful Accounts Receivable Related Party Current
AllowanceForDoubtfulAccountsReceivableRelatedPartyCurrent
|
1395000 | USD |
| CY2013Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0000056 | |
| CY2013Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
32143000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
27761000 | shares |
| CY2013Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
27761000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
27761000 | shares |
| CY2013Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
27761000 | shares |
| CY2012Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6227000 | USD |
| CY2012Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
9515000 | USD |
| CY2012Q4 | us-gaap |
Gross Profit
GrossProfit
|
-3288000 | USD |
| CY2012Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1223000 | USD |
| CY2012Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3663000 | USD |
| CY2012Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
4886000 | USD |
| CY2012Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8174000 | USD |
| CY2012Q4 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-75000 | USD |
| CY2012Q4 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
5000 | USD |
| CY2012Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
52000 | USD |
| CY2012Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.32 | |
| CY2012Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
27495000 | shares |
| CY2013Q4 | us-gaap |
Gross Profit
GrossProfit
|
-2337000 | USD |
| CY2013Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
3770000 | USD |
| CY2013Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6107000 | USD |
| CY2013Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-243000 | USD |
| CY2013Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-6350000 | USD |
| CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6292000 | USD |
| CY2013Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
521000 | USD |
| CY2012Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
2715000 | USD |
| CY2012Q4 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-6403000 | USD |
| CY2012Q4 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-166000 | USD |
| CY2012Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6237000 | USD |
| CY2013Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5774000 | USD |
| CY2013Q4 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-5829000 | USD |
| CY2013Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
0 | USD |
| CY2012Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
0 | USD |
| CY2012Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2097000 | USD |
| CY2012Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
336000 | USD |
| CY2012Q4 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
686000 | USD |
| CY2012Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
336000 | USD |
| CY2012Q4 | us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
13000 | USD |
| CY2012Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-262000 | USD |
| CY2012Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-957000 | USD |
| CY2012Q4 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-101000 | USD |
| CY2012Q4 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
147000 | USD |
| CY2012Q4 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
508000 | USD |
| CY2012Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-3250000 | USD |
| CY2012Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1669000 | USD |
| CY2012Q4 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
2873000 | USD |
| CY2012Q4 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
119000 | USD |
| CY2012Q4 | leds |
Proceeds From Time Deposits Sold
ProceedsFromTimeDepositsSold
|
488000 | USD |
| CY2012Q4 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
250000 | USD |
| CY2012Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-3924000 | USD |
| CY2012Q4 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1623000 | USD |
| CY2012Q4 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
244000 | USD |
| CY2012Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-1866000 | USD |
| CY2012Q4 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
1132000 | USD |
| CY2012Q4 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-7908000 | USD |
| CY2012Q4 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1776000 | USD |
| CY2013Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-5428000 | USD |
| CY2013Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2364000 | USD |
| CY2013Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-559000 | USD |
| CY2013Q4 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-8150000 | USD |
| CY2013Q4 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1626000 | USD |
| CY2013Q4 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
170000 | USD |
| CY2013Q4 | leds |
Expenditures Related To Acquisition Of Business Incurred But Not Yet Paid
ExpendituresRelatedToAcquisitionOfBusinessIncurredButNotYetPaid
|
450000 | USD |
| CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
47228000 | USD |
| CY2013Q4 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
0 | USD |
| CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2417000 | USD |
| CY2013Q4 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
133000 | USD |
| CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1149000 | USD |
| CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
59000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1470000 | USD |
| CY2013Q4 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">1. Business</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">SemiLEDs Corporation (“SemiLEDs”) was incorporated in Delaware on January 4, 2005 and is a holding company for various wholly and majority owned subsidiaries. SemiLEDs and its subsidiaries (collectively, the “Company”) develop, manufacture and sell high performance light emitting diodes (“LEDs”). The Company’s core products are LED chips and LED components, but lighting products have also become an increasing</font><font style="FONT-SIZE: 10pt;" size="2">ly</font> <font style="FONT-SIZE: 10pt;" size="2">important part of the Company’s business. A portion of the Company’s business consist</font><font style="FONT-SIZE: 10pt;" size="2">s</font> <font style="FONT-SIZE: 10pt;" size="2">of the sale of</font> <font style="FONT-SIZE: 10pt;" size="2">contract</font> <font style="FONT-SIZE: 10pt;" size="2">manufactured LED</font> <font style="FONT-SIZE: 10pt;" size="2">products</font><font style="FONT-SIZE: 10pt;" size="2">. The Company’s customers are</font> <font style="FONT-SIZE: 10pt;" size="2">concentrated in a few select markets, including</font> <font style="FONT-SIZE: 10pt;" size="2">Taiwan, the United States</font><font style="FONT-SIZE: 10pt;" size="2">,</font> <font style="FONT-SIZE: 10pt;" size="2">China and Russia.</font></p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">As of</font> <font style="FONT-SIZE: 10pt;" size="2">November</font><font style="FONT-SIZE: 10pt;" size="2"> </font><font style="FONT-SIZE: 10pt;" size="2">30, 2013</font><font style="FONT-SIZE: 10pt;" size="2">, SemiLEDs had</font> <font style="FONT-SIZE: 10pt;" size="2">seven</font> <font style="FONT-SIZE: 10pt;" size="2">wholly owned subsidiaries</font> <font style="FONT-SIZE: 10pt;" size="2">and</font> <font style="FONT-SIZE: 10pt;" size="2">a</font><font style="FONT-SIZE: 10pt;" size="2">n 87</font><font style="FONT-SIZE: 10pt;" size="2">% equity interest in</font> <font style="FONT-SIZE: 10pt;" size="2">Ning Xiang</font> <font style="FONT-SIZE: 10pt;" size="2">Technology</font> <font style="FONT-SIZE: 10pt;" size="2">Co., Ltd. (“Ning Xiang”)</font><font style="FONT-SIZE: 10pt;" size="2">. The most significant of these consolidated subsidiaries is SemiLEDs Optoelectronics Co., Ltd. (“Taiwan SemiLEDs”) located in Hsinchu, Taiwan where</font> <font style="FONT-SIZE: 10pt;" size="2">a</font> <font style="FONT-SIZE: 10pt;" size="2">substantial</font> <font style="FONT-SIZE: 10pt;" size="2">portion of</font> <font style="FONT-SIZE: 10pt;" size="2">research, development, manufacturing, marketing and sales activities currently take place and where</font> <font style="FONT-SIZE: 10pt;" size="2">a</font> <font style="FONT-SIZE: 10pt;" size="2">substantial</font> <font style="FONT-SIZE: 10pt;" size="2">portion</font> <font style="FONT-SIZE: 10pt;" size="2">of the assets are held and located. Taiwan SemiLEDs owns a 100% equity interest in Silicon Base Development, Inc. (“SBDI”). SBDI is engaged in the research, development, manufacturing, marketing and sales of LED components. As of</font> <font style="FONT-SIZE: 10pt;" size="2">November</font><font style="FONT-SIZE: 10pt;" size="2"> </font><font style="FONT-SIZE: 10pt;" size="2">30, 2013</font><font style="FONT-SIZE: 10pt;" size="2">,</font> <font style="FONT-SIZE: 10pt;" size="2">the Company also owned an 87% interest in Ning Xiang, which consisted of a 51% interest acquired in</font> <font style="FONT-SIZE: 10pt;" size="2">August 2011</font><font style="FONT-SIZE: 10pt;" size="2">, an additional 15% interest acquired in April</font><font style="FONT-SIZE: 10pt;" size="2"> </font><font style="FONT-SIZE: 10pt;" size="2">2013 and an additional 21% interest acquired in November</font><font style="FONT-SIZE: 10pt;" size="2"> </font><font style="FONT-SIZE: 10pt;" size="2">2013. Ning Xiang is engaged in the design, manufacture and sale of lighting fixtures and systems</font><font style="FONT-SIZE: 10pt;" size="2">.</font></p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">SemiLEDs’</font> <font style="FONT-SIZE: 10pt;" size="2">common shares are listed on the NASDAQ Global Select Market under the symbol “LEDS”</font> <font style="FONT-SIZE: 10pt;" size="2">since</font> <font style="FONT-SIZE: 10pt;" size="2">December 8, 2010</font><font style="FONT-SIZE: 10pt;" size="2">.</font></p> </div> | |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
39320000 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
28122000 | USD |
| CY2012Q4 | us-gaap |
Payments For Other Deposits
PaymentsForOtherDeposits
|
1000 | USD |
| CY2013Q4 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
533000 | USD |
| CY2013Q4 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
521000 | USD |
| CY2013Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
USD | |
| CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
USD | |
| CY2012Q4 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
712000 | USD |
| CY2013Q4 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
97000 | USD |
| CY2012Q4 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
1000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
2243000 | USD |
| CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2455000 | USD |
| CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5802000 | USD |
| CY2013Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
51000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
5755000 | USD |
| CY2013Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
327000 | USD |
| CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
169505000 | USD |
| CY2013Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
483000 | USD |
| CY2013Q4 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
80000 | USD |
| CY2013Q4 | us-gaap |
Payments For Other Deposits
PaymentsForOtherDeposits
|
78000 | USD |
| CY2013Q4 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
170000 | USD |
| CY2013Q4 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
562000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
6075000 | USD |
| CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-114447000 | USD |
| CY2013Q4 | us-gaap |
Minority Interest
MinorityInterest
|
64000 | USD |
| CY2013Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
3417000 | USD |
| CY2013Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
5754000 | USD |
| CY2013Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1126000 | USD |
| CY2013Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2644000 | USD |
| CY2013Q4 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-63000 | USD |
| CY2013Q4 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-37000 | USD |
| CY2013Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
54000 | USD |
| CY2013Q4 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-197000 | USD |
| CY2013Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-58000 | USD |
| CY2013Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.23 | |
| CY2013Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
27784000 | shares |
| CY2013Q4 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-55000 | USD |
| CY2013Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1566000 | USD |
| CY2013Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
533000 | USD |
| CY2013Q4 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
31000 | USD |
| CY2013Q4 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
187000 | USD |
| CY2013Q4 | us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
13000 | USD |
| CY2013Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
285000 | USD |
| CY2013Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
915000 | USD |
| CY2013Q4 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-37000 | USD |
| CY2013Q4 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-807000 | USD |
| CY2013Q4 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
525000 | USD |
| CY2013Q4 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
3000 | USD |
| CY2013Q4 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
201000 | USD |
| CY2013Q4 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
203000 | USD |
