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Quarterly Results of Operations (Unaudited)
12 Months Ended
Aug. 31, 2016
Quarterly Results of Operations (Unaudited)  
Quarterly Results of Operations (Unaudited)

14.

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

 

The following tables set forth selected quarterly statement of operations data for each of the years ended August 31, 2016 and 2015 (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

 

    

November 30,

    

February 29,

   

May 31,

    

August 31,

    

Fiscal

 

 

 

2015

 

2016

 

2016

 

2016 (1)

 

2016

 

Revenues, net

 

$

2,963

 

$

2,916

 

$

2,378

 

$

1,883

 

$

10,140

 

Cost of revenues

 

 

4,407

 

 

3,711

 

 

3,828

 

 

3,132

 

 

15,078

 

Gross loss

 

 

(1,444)

 

 

(795)

 

 

(1,450)

 

 

(1,249)

 

 

(4,938)

 

Operating expenses

 

 

1,688

 

 

1,975

 

 

1,691

 

 

10,313

 

 

15,667

 

Loss from operations

 

 

(3,132)

 

 

(2,770)

 

 

(3,141)

 

 

(11,562)

 

 

(20,605)

 

Net loss attributable to SemiLEDs stockholders

 

$

(3,312)

 

$

(2,539)

 

$

(3,253)

 

$

(12,171)

 

$

(21,275)

 

Net loss per share attributable to SemiLEDs stockholders, basic and diluted

 

$

(1.14)

 

$

(0.87)

 

$

(1.11)

 

$

(4.07)

 

$

(7.25)

 


(1)

Results for the fourth quarter of fiscal 2016 include impairment charges of $9,287 thousand of which $7,433 thousand pertained to property, plant and equipment, $1,202 thousand pertained to intangible assets, $55 thousand pertained to goodwill and $597 thousand pertained to cost method investments.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

 

    

November 30,

    

February 28,

    

May 31,

    

August 31,

    

Fiscal

 

 

 

2014

 

2015

 

2015

 

2015

 

2015

 

Revenues, net

 

$

2,928

 

$

4,566

 

$

3,508

 

$

3,122

 

$

14,124

 

Cost of revenues

 

 

4,471

 

 

5,217

 

 

4,367

 

 

4,159

 

 

18,214

 

Gross loss

 

 

(1,543)

 

 

(651)

 

 

(859)

 

 

(1,037)

 

 

(4,090)

 

Operating expenses

 

 

2,899

 

 

2,201

 

 

2,215

 

 

1,893

 

 

9,208

 

Loss from operations

 

 

(4,442)

 

 

(2,852)

 

 

(3,074)

 

 

(2,930)

 

 

(13,298)

 

Net loss attributable to SemiLEDs stockholders

 

$

(4,331)

 

$

(2,902)

 

$

(3,041)

 

$

(3,000)

 

$

(13,274)

 

Net loss per share attributable to SemiLEDs stockholders, basic and diluted

 

$

(1.52)

 

$

(1.02)

 

$

(1.10)

 

$

(1.03)

 

$

(4.62)