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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2017
Aug. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 3,137 $ 6,030
Accounts receivable (including related parties), net of allowance for doubtful accounts of $764 and $746 as of May 31, 2017 and August 31, 2016, respectively 1,277 900
Inventories 3,369 4,067
Prepaid expenses and other current assets 537 640
Total current assets 8,320 11,637
Property, plant and equipment, net 8,558 8,813
Intangible assets, net 63 44
Investments in unconsolidated entities 995 1,368
Other assets 361 373
TOTAL ASSETS 18,297 22,235
CURRENT LIABILITIES:    
Current installments of long-term debt 335 314
Accounts payable 837 1,326
Advance receipt toward the convertible note 500 500
Accrued expenses and other current liabilities 5,437 2,761
Total current liabilities 7,109 4,901
Long-term debt, excluding current installments 2,484 2,595
Other liability   3,097
Total liabilities 9,593 10,593
Commitments and contingencies (Note 5)
SemiLEDs stockholders’ equity    
Common stock, $0.0000056 par value—75,000 shares authorized; 3,544 shares and 3,517 shares issued and outstanding as of May 31, 2017 and August 31, 2016, respectively
Additional paid-in capital 175,568 175,384
Accumulated other comprehensive income 3,733 3,398
Accumulated deficit (170,597) (167,179)
Total SemiLEDs stockholders’ equity 8,704 11,603
Noncontrolling interests   39
Total equity 8,704 11,642
TOTAL LIABILITIES AND EQUITY $ 18,297 $ 22,235