{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-032134","form_type":"8-K","ticker":"LEDS","cik":"0001333822","company_name":"SemiLEDs Corp","filed_at":"2023-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.643527+00:00","generated_at":"2026-06-13T10:56:13.986530+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"SemiLEDs Q3 FY2023 revenue up QoQ to $1.7M but net loss widens to $756K","bullets":["Revenue $1.7M vs $1.2M QoQ; GAAP net loss $756K ($0.15 loss per share) vs $541K ($0.11) prior quarter.","GAAP gross margin dropped to 14% from 23% QoQ; operating margin improved to -58% from -61%.","Cash and equivalents fell to $3.0M from $3.9M at end of Q2 FY2023.","Q4 FY2023 revenue guided to approximately $1.4M +/- 10%, below Q3 actual revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-032134","json":"https://secwatch.observer/filing/0000950170-23-032134.json","markdown":"https://secwatch.observer/filing/0000950170-23-032134.md","text":"https://secwatch.observer/filing/0000950170-23-032134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023032134/0000950170-23-032134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023032134/leds-20230707.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:56:13.986530+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bef7f99636a965149b45577678c49eafe3db2068","claim":"SemiLEDs Corp reported the third quarter of fiscal year 2023, ended May 31, 2023 results: revenue $1.7 million, net income $756 thousand, EPS $(0.15) per diluted share. Guidance initiated.","evidence_excerpt":"Revenue for the third quarter of fiscal 2023 increased to $1.7 million, compared to $1.2 million in the second quarter of fiscal 2023. GAAP net loss attributable to SemiLEDs stockholders for the third quarter of fiscal 2023 increased to $756 thousand, or $(0.15) per diluted share, compared to a net loss of $541 thousand, or $(0.11) per diluted share, in the second quarter of fiscal 2023. GAAP gross margin for the third quarter of fiscal 2023 decreased to 14%, compared to 23% for the second quarter of fiscal 2023. Operating margin for the third quarter of fiscal 2023 increased to negative 58%, compared with negative 61% for the second quarter of fiscal 2023. The Company’s cash and cash equivalents were $3.0 million at May 31, 2023, compared to $3.9 million at the end of the second quarter of fiscal 2023. We expect revenue for the fourth quarter ending August 31, 2023 to be approximately $1.4 million +/- 10%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023032134/0000950170-23-032134-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of fiscal year 2023, ended May 31, 2023"},{"label":"Revenue","value":"$1.7 million"},{"label":"Net income","value":"$756 thousand"},{"label":"EPS","value":"$(0.15) per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}