SemiLEDs(LEDS) - 2025 Q2 - Quarterly Results

Revenue Performance - Revenue for Q2 FY2025 increased to $10.9 million, up from $1.3 million in Q1 FY2025, representing a growth of 738%[3] - SemiLEDs reported a gross profit of $1.0 million for Q2 FY2025, compared to $260 thousand in Q1 FY2025[12] Profitability Metrics - GAAP net income attributable to SemiLEDs stockholders for Q2 FY2025 was $388 thousand, or $0.05 per diluted share, compared to a net loss of $547 thousand, or $(0.08) per diluted share in Q1 FY2025[3] - GAAP gross margin for Q2 FY2025 decreased to 9%, down from 21% in Q1 FY2025[4] - Operating margin for Q2 FY2025 was 1%, compared to negative 52% in Q1 FY2025[4] Cash and Assets - Cash and cash equivalents increased to $2.4 million at February 28, 2025, from $1.2 million at the end of Q1 FY2025[4] - Total current assets rose to $18.2 million as of February 28, 2025, compared to $5.5 million at the end of Q1 FY2025[10] Liabilities - Total liabilities increased to $19.6 million as of February 28, 2025, compared to $8.8 million at the end of Q1 FY2025[10] Research and Development - Research and development expenses for Q2 FY2025 were $279 thousand, up from $221 thousand in Q1 FY2025[12] Future Outlook - The company anticipates revenue growth opportunities in the LED industry and plans to capitalize on market trends[7]