secwatch.observer — SEC 8-K summary
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Issuer:     SemiLEDs Corp (LEDS)
CIK:        0001333822
Form:       8-K
Filed at:   2021-11-26T23:59:59+00:00
Accession:  0001564590-21-058380
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SemiLEDs Q4 net loss $1.8M, revenue flat at $1.4M; FY2021 sales decline 23%
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- Q4 revenue $1.4M (flat QoQ); GAAP net loss $1.8M ($0.42 loss per share) vs $64K loss in Q3.
- GAAP gross margin fell to 11% from 46% QoQ; operating margin negative 135%.
- FY2021 revenue $4.7M (down 23% YoY); net loss $2.9M ($0.68 per share) vs $544K loss in FY2020.
- Cash $4.8M at Aug 31, 2021 (up from $1.7M QoQ); unable to provide Q1 2022 revenue forecast due to COVID uncertainty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333822/000156459021058380/0001564590-21-058380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333822/000156459021058380/leds-8k_20211126.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-058380

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer