SemiLEDs Corp Segments Disclosure
11. PRODUCT AND GEOGRAPHIC INFORMATION
Revenues by products for the years ended August 31, 2025 and 2024 are as follows (in thousands):
|
|
Years Ended August 31, |
|
|||||
|
|
2025 |
|
|
2024 |
|
||
LED chips |
|
$ |
149 |
|
|
$ |
93 |
|
LED components |
|
|
2,066 |
|
|
|
2,656 |
|
Lighting products |
|
|
228 |
|
|
|
212 |
|
Other (1) |
|
|
40,566 |
|
|
|
2,222 |
|
Total |
|
$ |
43,009 |
|
|
$ |
5,183 |
|
(1) Other revenues for the year ended August 31, 2025 primarily represent revenues attributable to buy-sell purchase orders of equipment. Other revenues for the year ended August 31, 2024 primarily include revenues attributable to the sale of epitaxial wafers, scraps and raw materials and the provision of services.
Revenues by geography are based on the billing address of the customer. The following table sets forth revenues by geographic area for the years ended August 31, 2025 and 2024 (in thousands):
|
|
Years Ended August 31, |
|
|||||
|
|
2025 |
|
|
2024 |
|
||
India |
|
$ |
38,096 |
|
|
$ |
— |
|
Japan |
|
|
2,181 |
|
|
|
1,647 |
|
Other (individually less than 5% of total net revenues) |
|
|
2,732 |
|
|
|
3,536 |
|
Total |
|
$ |
43,009 |
|
|
$ |
5,183 |
|
Tangible Long‑Lived Assets
Substantially all of the Company’s tangible long‑lived assets are located in Taiwan.
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.