SemiLEDs Corp — fact timeline

SemiLEDs Corp reported second quarter ended February 28, 2026 results: revenue $1.1 million, net income $603 thousand, EPS $(0.07) per diluted share.

“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.”

SemiLEDs Corp received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

“January 30, 2026, the Company received a separate notice from The NASDAQ Stock Market indicating that the Company does not meet the minimum of $2,500,000 in stockholders’ equity required by Listing Rule 5550(b)(1) for continued listing. The Company also does not meet the alternatives of market value of listed securities or net income from continuing operations. Under the listing rule, the Company has 45 calendar days to submit a plan to regain compliance. If the plan is accepted by The NASDAQ Stock Market, an extension of up to 180 calendar days from January 30, 2026 will be granted. 2 SIGNATU”

SemiLEDs Corp entered into Loan Agreements with Trung Doan and J.R. Simplot Company valued at 1.7 million and 1.5 million at 8% interest (effective 2019-01-08).

“On January 8, 2019, the Company entered into secured loan agreements with Trung Doan, its Chairman and Chief Executive Officer and J.R. Simplot Company, its largest shareholder, with aggregate amounts of $1.7 million and $1.5 million, respectively, and an annual interest rate of 8% (the "Loan Agreements").”

SemiLEDs Corp engaged YCM CPA INC. as its auditor.

“On July 10, 2025, the audit committee of the board of directors of the Company (the “Audit Committee”) engaged YCM CPA INC. (“YCM”) as the Company’s new independent registered public accounting firm, as described below.”

KCCW Accountancy Corp. resigned as auditor of SemiLEDs Corp.

“On July 10, 2025, KCCW Accountancy Corp. (“KCCW”) resigned as independent registered public accounting firm of SemiLEDs Corporation (the “Company”), as it is exiting the public company audit practice.”

SemiLEDs Corp received a nasdaq compliance regained notice regarding stockholders equity (rules 5550(b)(1)).

“the Company an extension through April 14, 2025. As reported in the Company’s Quarter Report on Form 10-Q, the Company’s total stockholders’ equity as of February 28, 2025 was $3.6 million. As of the date of this Current Report, the Company believes that it has regained compliance with the stockholders’ equity requirement. Nasdaq will continue to monitor the”

SemiLEDs Corp received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

“December 4, 2024, the Company received a separate notice from The NASDAQ Stock Market indicating that the Company does not meet the minimum of $2,500,000 in stockholders’ equity required by Listing Rule 5550(b)(1) for continued listing. The Company also does not meet the alternatives of market value of listed securities or net income from continuing operations. Under the listing rule, the Company has 45 calendar days to submit a plan to regain compliance. If the plan is accepted by The NASDAQ Stock Market, an extension of up to 180 calendar days from December 4, 2024 will be granted. 2 SIGNATU”

SemiLEDs Corp: Amended the Amended and Restated Certificate of Incorporation to increase authorized shares from 7,500,000 to 15,000,000 and to add an officer exculpation provision (effective 2024-10-11).

“On October 11, 2024, SemiLEDs Corporation (the “Company”) amended its Amended and Restated Certificate of Incorporation, as amended, to increase the number of authorized share of common stock from 7,500,000 to 15,000,000, and to include an officer exculpation provision.”

Dr. Chris Chang Yu was appointed as director at SemiLEDs Corp.

“On July 3, 2024, the Company’s Board of Directors (the “Board”) appointed Dr. Chris Chang Yu as a director of the Company effective immediately”

SemiLEDs Corp reported preliminary financial results for the second quarter of its fiscal year 2024, ended February 29, 2024.

“On April 3, 2024, SemiLEDs Corporation issued a press release announcing its preliminary financial results for the second quarter of its fiscal year 2024, ended February 29, 2024.”

SemiLEDs Corp reported the first quarter ended November 30, 2023 results: revenue $1.6 million, net income $598 thousand, EPS $(0.12) per diluted share. Guidance initiated.

“components, today announced its financial results for the first quarter of fiscal year 2024, ended November 30, 2023. Revenue for the first quarter of fiscal 2024 increased to $1.6 million, compared to $1.5 million in the fourth quarter of fiscal 2023. GAAP net loss attributable to SemiLEDs stockholders for the first quarter of fiscal 2024 decreased to $598”

SemiLEDs Corp amended Fourth Amendment to the Loan Agreements with Simplot Taiwan Inc. and Trung Doan (effective 2024-01-07).

“On January 7, 2024, the Company entered into the Fourth Amendment to the Loan Agreements with each of Simplot Taiwan Inc. and Trung Doan (the “Amended Loan Agreements”).”

SemiLEDs Corp entered into Assignment with J.R. Simplot Company (effective 2024-01-07).

“On January 7, 2024, J.R. Simplot Company and the Company entered into an assignment agreement (the “Assignment”) pursuant to which J.R. Simplot assigned and transferred all of its right, title and interest in and to the Loan Agreement to Simplot Taiwan Inc., in accordance with and subject to the terms and conditions of the Loan Agreement.”

SemiLEDs Corp amended Fourth Amendment to the Notes with J.R. Simplot Company and Trung Doan (effective 2024-01-05).

“After the close of market on January 5, 2024, the Company entered into the Fourth Amendment to the Notes (the “Fourth Amendments”) to amend the Notes to (i) convert the total principal and accrued interest on the Notes to common stock of the Company to be issued in the names of the Holders, and (ii) change the conversion price of the Notes from $2.046 per share to the closing price immediately preceding the signing of the Fourth Amendments, or $1.31 per share.”

SemiLEDs Corp reported the fiscal year ended August 31, 2023 results: revenue $6.0 million, net income $2.7 million, or $(0.55) per diluted share, EPS $(0.55) per diluted share.

“Revenues for fiscal year 2023 decreased to $6.0 million, compared to $7.1 million in fiscal year 2022. GAAP net loss attributable to SemiLEDs stockholders for fiscal year 2023 was $2.7 million, or $(0.55) per diluted share, compared to a net loss of $2.7 million, or $(0.61) per diluted share, in fiscal year 2022.”

SemiLEDs Corp reported the fourth quarter and the fiscal year ended August 31, 2023 results: revenue $1.5 million, net income $881 thousand, or $(0.18) per diluted share, EPS $(0.18) per diluted share. Guidance initiated.

“today announced its financial results for the fourth quarter and full year of fiscal year 2023, ended August 31, 2023. Revenue for the fourth quarter of fiscal 2023 decreased to $1.5 million, compared to $1.7 million in the third quarter of fiscal 2023. GAAP net loss attributable to SemiLEDs stockholders for the fourth quarter of fiscal 2023 increased to $881”

Roger Lee resigned as director at SemiLEDs Corp.

“On July 10, 2023, Roger Lee resigned as a director of SemiLEDs Corporation effective immediately due to personal reason.”

Roger Lee resigned as Director at SemiLEDs Corp.

“On July 10, 2023, Roger Lee resigned as a director of SemiLEDs Corporation effective immediately due to personal reason.”

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.

“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%.”

SemiLEDs Corp amended Third Amendment to Convertible Unsecured Promissory Notes with J.R. Simplot Company and Trung Doan (effective 2023-06-06).

“On June 6, 2023, the Company entered into the Third Amendment to Convertible Unsecured Promissory Notes (“Third Amendments”) to amend the Notes to (i) extend the maturity date from May 30, 2023 to May 30, 2024, and (ii) change the conversion price from $3 to $2.046.”

SemiLEDs Corp shareholders approved Approval of the Amendment of the SemiLEDs Corporation 2010 Equity Incentive Plan at the 2023-05-18 meeting.

“Proposal 3 : The stockholders approved the Amended 2010 Equity Incentive Plan by the votes set forth in the following table:”

SemiLEDs Corp shareholders approved Ratification of the appointment of KCCW Accountancy Corp. as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2023 at the 2023-05-18 meeting.

“Proposal 2 : The appointment of KCCW Accountancy Corp. as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2023 was ratified by the votes set forth in the following table:”

SemiLEDs Corp shareholders approved Election of five directors to hold office until the 2024 Annual Meeting of Stockholders at the 2023-05-18 meeting.

“Proposal 1 : The following individuals were elected to serve as directors of the Company for a one-year term ending with the 2024 Annual Meeting of Stockholders by the votes set forth in the following table:”

SemiLEDs Corp reported second quarter of fiscal year 2023 ended February 28, 2023 results: revenue $1.2 million, net income $541 thousand, EPS $(0.11) per diluted share.

“components, today announced its financial results for the second quarter of fiscal year 2023, ended February 28, 2023. Revenue for the second quarter of fiscal 2023 decreased to $1.2 million, compared to $1.7 million in the first quarter of fiscal 2023. GAAP net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2023 increased to $541”

SemiLEDs Corp reported the first quarter of fiscal year 2023, ended November 30, 2022 results: revenue $1.7 million, net income $512 thousand, EPS $0.11 per diluted share.

“Revenue for the first quarter of fiscal 2023 was $1.7 million, compared to $1.6 million in the fourth quarter of fiscal 2022. GAAP net loss attributable to SemiLEDs stockholders for the first quarter of fiscal 2023 was $512 thousand, compared to a loss of $1.1 million in the fourth quarter of fiscal 2022, or a net loss of $0.11 per diluted share, compared to a net loss of $0.25 per diluted share for the fourth quarter of fiscal 2022.”

SemiLEDs Corp reported preliminary financial results for the fourth quarter and the fiscal year ended August 31, 2022.

“On November 7, 2022, SemiLEDs Corporation issued a press release announcing its preliminary financial results for the fourth quarter and the fiscal year ended August 31, 2022.”