{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-153738","form_type":"8-K","ticker":"LEDS","cik":"0001333822","company_name":"SemiLEDs Corp","filed_at":"2026-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.166265+00:00","generated_at":"2026-05-15T06:21:04.385280+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"SemiLEDs Q2 FY2026 revenue falls 58% QoQ to $1.1M; net loss improves to $603K","bullets":["Revenue of $1.1M, down from $2.6M in Q1 FY2026, due to no equipment buy-sell orders.","GAAP net loss attributable to stockholders was $603K ($0.07 per share), vs $742K ($0.09) prior quarter.","Gross margin flat at 1%; operating margin worsened to negative 79% from negative 39%.","Cash and equivalents rose to $4.0M from $2.9M at end of Q1.","Company anticipates buy-sell purchase orders in second half of fiscal 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-153738","json":"https://secwatch.observer/filing/0001193125-26-153738.json","markdown":"https://secwatch.observer/filing/0001193125-26-153738.md","text":"https://secwatch.observer/filing/0001193125-26-153738.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1333822/000119312526153738/0001193125-26-153738-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1333822/000119312526153738/leds-20260414.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T06:21:04.385280+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":"36e178c895e7389b5da307dbd35110751b52ecde","claim":"SemiLEDs Corp reported second quarter ended February 28, 2026 results: revenue $1.1 million, net income $603 thousand, EPS $(0.07) per diluted share.","evidence_excerpt":"Revenue for the second quarter of fiscal 2026 was $1.1 million, compared to $2.6 million in the first quarter of fiscal 2026. GAAP net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2026 was $603 thousand, or $(0.07) per diluted share, compared to a net loss of $742 thousand, or $(0.09) per diluted share, in the first quarter of fiscal 2026.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1333822/000119312526153738/0001193125-26-153738-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended February 28, 2026"},{"label":"Revenue","value":"$1.1 million"},{"label":"Net income","value":"$603 thousand"},{"label":"EPS","value":"$(0.07) per diluted share"},{"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"}