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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2022
Aug. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 4,274 $ 4,833
Restricted cash and cash equivalents 82 90
Accounts receivable (including related parties), net of allowance for doubtful accounts of $306 and $199 as of August 31, 2022 and August 31, 2021, respectively 880 865
Inventories 3,784 3,937
Prepaid expenses and other current assets 123 329
Total current assets 9,143 10,054
Property, plant and equipment, net 4,139 5,244
Operating lease right of use assets 1,578 1,635
Intangible assets, net 102 126
Investments in unconsolidated entities 922 1,011
Other assets 170 169
TOTAL ASSETS 16,054 18,239
CURRENT LIABILITIES:    
Current installments of long-term debt 5,063 5,109
Accounts payable 286 753
Accrued expenses and other current liabilities 2,702 2,783
Other payable to related parties 1,061 764
Operating lease liabilities, current portion 143 98
Total current liabilities 9,255 9,507
Long-term debt, excluding current installments 1,866 2,569
Operating lease liabilities, less current portion 1,435 1,537
Total liabilities 12,556 13,613
Commitments and contingencies (Note 6)
SemiLEDs stockholders’ equity    
Common stock, $0.0000056 par value-7,500 shares authorized; 4,832 shares and 4,460 shares issued and outstanding as of August 31, 2022 and August 31, 2021, respectively
Additional paid-in capital 183,711 182,255
Accumulated other comprehensive income 3,697 3,543
Accumulated deficit (183,955) (181,211)
Total SemiLEDs stockholders’ equity 3,453 4,587
Noncontrolling interests 45 39
Total equity 3,498 4,626
TOTAL LIABILITIES AND EQUITY $ 16,054 $ 18,239