SemiLEDs(US:LEDS)2025-11-28 11:29Revenue Performance - Revenue for Q4 fiscal 2025 was $13.2 million, down from $17.7 million in Q3 fiscal 2025, representing a decrease of approximately 25.4%[3] - Total revenues for fiscal year 2025 increased to $43 million, a significant rise from $5.2 million in fiscal year 2024, marking an increase of over 826.9%[5] Net Income and Loss - GAAP net loss for Q4 fiscal 2025 was $1.2 million, or $(0.15) per diluted share, compared to a net income of $223 thousand, or $0.03 per diluted share in Q3 fiscal 2025[3] - GAAP net loss for fiscal year 2025 was $1.1 million, or $(0.15) per diluted share, an improvement from a net loss of $2.0 million, or $(0.32) per diluted share in fiscal year 2024[5] Gross Margin - GAAP gross margin for Q4 fiscal 2025 decreased to 2%, down from 5% in Q3 fiscal 2025[4] - GAAP gross margin for fiscal year 2025 decreased to 6%, compared to 20% in fiscal year 2024[6] Cash and Liquidity - Cash and cash equivalents were $2.6 million as of August 31, 2025, compared to $1.7 million as of August 31, 2024, indicating an increase of approximately 53.3%[6] - Accounts receivable increased to $3.6 million in fiscal year 2025 from $416 thousand in fiscal year 2024[12] Operating Margin and Liabilities - The company reported a negative operating margin of 7% for Q4 fiscal 2025, compared to negative 0.4% in Q3 fiscal 2025[4] - Total current liabilities increased to $11.4 million as of August 31, 2025, up from $7.0 million as of August 31, 2024[12]