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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2018
Aug. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 3,857 $ 3,582
Accounts receivable (including related parties), net of allowance for doubtful accounts of $485 and $815 as of February 28, 2018 and August 31, 2017, respectively 335 1,111
Inventories 2,411 2,946
Prepaid expenses and other current assets 357 405
Total current assets 6,960 8,044
Property, plant and equipment, net 7,951 8,275
Intangible assets, net 109 104
Investments in unconsolidated entities 1,023 992
Other assets 247 255
TOTAL ASSETS 16,290 17,670
CURRENT LIABILITIES:    
Current installments of long-term debt 349 335
Accounts payable 882 1,145
Advance receipt toward the convertible note 500 500
Accrued expenses and other current liabilities 5,787 5,482
Total current liabilities 7,518 7,462
Long-term debt, excluding current installments 2,296 2,391
Total liabilities 9,814 9,853
Commitments and contingencies (Note 5)
SemiLEDs stockholders’ equity    
Common stock, $0.0000056 par value—75,000 shares authorized; 3,545 shares and 3,544 shares issued and outstanding as of February 28, 2018 and August 31, 2017, respectively
Additional paid-in capital 175,434 175,386
Accumulated other comprehensive income 3,836 3,701
Accumulated deficit (172,794) (171,270)
Total equity 6,476 7,817
TOTAL LIABILITIES AND EQUITY $ 16,290 $ 17,670