SemiLEDs (LEDS) 10-Q 15 Jan 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Nov. 30, 2019	Jan. 07, 2020
Cover [Abstract]
Entity Registrant Name	SemiLEDs Corp
Entity Central Index Key	0001333822
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Trading Symbol	LEDs
Security Exchange Name	NASDAQ
Entity File Number	001-34992
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2735523
Entity Address, Address Line One	3F, No. 11 Ke Jung Rd
Entity Address, Address Line Two	Chu-Nan Site
Entity Address, Address Line Three	Hsinchu Science Park, Chu-Nan 350
Entity Address, City or Town	Miao-Li County
Entity Address, Country	TW
City Area Code	886
Local Phone Number	37-586788
Entity Address, Postal Zip Code	350
Document Quarterly Report	true
Document Type	10-Q
Document Period End Date	Nov. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--08-31
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false
Document Transition Report	false
Entity Common Stock, Shares Outstanding		3,594,640
Title of 12(b) Security	Common Stock, par value $0.0000056
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2019	Aug. 31, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 688	$ 1,363
Restricted cash and cash equivalents	81	19
Accounts receivable (including related parties), net of allowance for doubtful accounts of $200 and $195 as of November 30, 2019 and August 31, 2019, respectively	936	703
Inventories	2,312	2,083
Prepaid expenses and other current assets	884	460
Assets held for sale	401
Total current assets	5,302	4,628
Property, plant and equipment, net	5,935	5,878
Operating lease right of use assets	307
Intangible assets, net	93	93
Investments in unconsolidated entities	920	894
Other assets	186	169
TOTAL ASSETS	12,743	11,662
CURRENT LIABILITIES:
Current installments of long-term debt	410	398
Accounts payable	649	680
Advance receipt toward the convertible note	500	500
Accrued expenses and other current liabilities	2,677	2,342
Operating lease liabilities, current	148
Liabilities held for sale	790
Total current liabilities	5,174	3,920
Long-term debt, excluding current installments	5,932	5,954
Operating lease liabilities, less current portion	159
Total liabilities	11,265	9,874
Commitments and contingencies (Note 6)
SemiLEDs stockholders’ equity
Common stock, $0.0000056 par value—7,500 shares authorized; 3,595 shares and 3,594 shares issued and outstanding as of November 30, 2019 and August 31, 2019, respectively
Additional paid-in capital	175,839	175,804
Accumulated other comprehensive income	3,729	3,753
Accumulated deficit	(178,133)	(177,816)
Total SemiLEDs stockholders' equity	1,435	1,741
Noncontrolling interests	43	47
Total equity	1,478	1,788
TOTAL LIABILITIES AND EQUITY	$ 12,743	$ 11,662

Unaudited Condensed Consolida_2

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Nov. 30, 2019	Aug. 31, 2019
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts	$ 200	$ 195
Common stock, par value (in dollars per share)	$ 0.0000056	$ 0.0000056
Common stock, shares authorized	7,500,000	7,500,000
Common stock, shares issued	3,595,000	3,594,000
Common stock, shares outstanding	3,595,000	3,594,000

Unaudited Condensed Consolida_3

Unaudited Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Nov. 30, 2019	Nov. 30, 2018
Income Statement [Abstract]
Revenues, net	$ 1,563	$ 972
Cost of revenues	1,045	1,191
Gross profit (loss)	518	(219)
Operating expenses:
Research and development	430	334
Selling, general and administrative	726	757
Gain on disposals of long-lived assets	(79)	(288)
Total operating expenses	1,077	803
Loss from operations	(559)	(1,022)
Other income (expenses):
Interest expenses, net	(78)	(5)
Other income, net	157	80
Foreign currency transaction gain (loss), net	158	(36)
Total other income, net	237	39
Loss before income taxes	(322)	(983)
Net loss	(322)	(983)
Less: Net loss attributable to noncontrolling interests	(5)	(5)
Net loss attributable to SemiLEDs stockholders	$ (317)	$ (978)
Net loss per share attributable to SemiLEDs stockholders:
Basic and diluted	$ (0.09)	$ (0.27)
Shares used in computing net loss per share attributable to SemiLEDs stockholders:
Basic and diluted	3,595	3,560

Unaudited Condensed Consolida_4

Unaudited Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2019	Nov. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net loss	$ (322)	$ (983)
Other comprehensive gain (loss), net of tax:
Foreign currency translation adjustments, net of tax of $0 for both periods	(23)	4
Comprehensive loss	(345)	(979)
Comprehensive loss attributable to noncontrolling interests	(4)	(6)
Comprehensive loss attributable to SemiLEDs stockholders	$ (341)	$ (973)

Unaudited Condensed Consolida_5

Unaudited Condensed Consolidated Statements of Comprehensive Loss (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2019	Nov. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Foreign currency translation adjustments tax	$ 0	$ 0

Unaudited Condensed Consolida_6

Unaudited Condensed Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total	Taiwan Bandaoti Zhaoming Co., Ltd.	Common Stock	Additional Paid-in Capital	Additional Paid-in CapitalTaiwan Bandaoti Zhaoming Co., Ltd.	Accumulated Other Comprehensive Income	Accumulated Deficit	Total SemiLEDs Shareholders' Equity	Total SemiLEDs Shareholders' EquityTaiwan Bandaoti Zhaoming Co., Ltd.	Non-Controlling Interests	Non-Controlling InterestsTaiwan Bandaoti Zhaoming Co., Ltd.
BALANCE at Aug. 31, 2018	$ 5,003			$ 175,527		$ 3,727	$ (174,251)	$ 5,003
BALANCE (in shares) at Aug. 31, 2018			3,559
Issuance of common stock under equity incentive plans (in shares)			1
Stock-based compensation	43			43				43
Common stock issued by SBDI*		$ 176			$ 128				$ 128		$ 48
Comprehensive loss:
Other comprehensive income (loss)	4					5		5		$ (1)
Net loss	(983)						(978)	(978)		(5)
BALANCE at Nov. 30, 2018	4,243			175,698		3,732	(175,229)	4,201		42
BALANCE (in shares) at Nov. 30, 2018			3,560
BALANCE at Aug. 31, 2019	1,788			175,804		3,753	(177,816)	1,741		47
BALANCE (in shares) at Aug. 31, 2019			3,594
Issuance of common stock under equity incentive plans (in shares)			1
Stock-based compensation	35			35				35
Comprehensive loss:
Other comprehensive income (loss)	(23)					(24)		(24)		1
Net loss	(322)						(317)	(317)		(5)
BALANCE at Nov. 30, 2019	$ 1,478			$ 175,839		$ 3,729	$ (178,133)	$ 1,435		$ 43
BALANCE (in shares) at Nov. 30, 2019			3,595

Unaudited Condensed Consolida_7

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Aug. 31, 2019	Aug. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (322)	$ (983)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	207	264
Stock-based compensation expense	35	43
Provisions for inventory write-downs	119	172
Gain on disposals of long-lived assets	(79)	(288)
Changes in :
Accounts receivable	(6)	97
Inventories	(293)	(583)
Prepaid expenses and other assets	34	(50)
Accounts payable	(91)	(209)
Accrued expenses and other current liabilities	72	271
Net cash used in operating activities	(324)	(1,266)	$ (3,500)	$ (1,200)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(50)	(24)
Proceeds from sales of property, plant and equipment	79	511
Payments for development of intangible assets	(8)	(2)
Net cash provided by investing activities	21	485
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of long-term debt	(103)	(83)
Net cash used in financing activities	(103)	(83)
Change in cash balances included in current assets held for sale	(61)
Effect of exchange rate changes on cash and cash equivalents	(143)	17
NET DECREASE IN CASH AND CASH EQUIVALENTS	(610)	(847)
CASH AND CASH EQUIVALENTS—Beginning of period	1,471	3,512	3,512
CASH AND CASH EQUIVALENTS—End of period	861	2,665	$ 1,471	$ 3,512
NONCASH INVESTING AND FINANCING ACTIVITIES:
Accrual related to property, plant and equipment	$ 97	18
Issuance of common shares in a subsidiary to noncontrolling interests		$ 176

Business

Business	3 Months Ended
	Nov. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Business	Error extracting Word content

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Nov. 30, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Error extracting Word content

Balance Sheet Components

Balance Sheet Components	3 Months Ended
	Nov. 30, 2019
Disclosure Text Block Supplement [Abstract]
Balance Sheet Components	Error extracting Word content

Investments in Unconsolidated E

Investments in Unconsolidated Entities	3 Months Ended
	Nov. 30, 2019
Investments In Unconsolidated Entities Disclosure [Abstract]
Investments in Unconsolidated Entities	Error extracting Word content

Assets and Liabilities held for

Assets and Liabilities held for sale	3 Months Ended
	Nov. 30, 2019
Assets And Liabilities Held For Sale [Abstract]
Assets and Liabilities held for sale	Error extracting Word content

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Nov. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Error extracting Word content

Common Stock

Common Stock	3 Months Ended
	Nov. 30, 2019
Common Stock [Abstract]
Common Stock	Error extracting Word content

Stock-based Compensation

Stock-based Compensation	3 Months Ended
	Nov. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-based Compensation	Error extracting Word content

Net Loss Per Share of Common St

Net Loss Per Share of Common Stock	3 Months Ended
	Nov. 30, 2019
Earnings Per Share [Abstract]
Net Loss Per Share of Common Stock	Error extracting Word content

Income Taxes

Income Taxes	3 Months Ended
	Nov. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Error extracting Word content

Subsequent Events

Subsequent Events	3 Months Ended
	Nov. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	Error extracting Word content

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Nov. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Error extracting Word content
Going Concern	Error extracting Word content
Restricted Cash Equivalents	Error extracting Word content
Revenue Recognition	Error extracting Word content
Principles of Consolidation	Error extracting Word content
Use of Estimates	Error extracting Word content
Certain Significant Risks and Uncertainties	Error extracting Word content
Concentration of Supply Risk	Error extracting Word content
Concentration of Credit Risk	Error extracting Word content
Noncontrolling Interests	Error extracting Word content
Recent Accounting Pronouncements	Error extracting Word content

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Nov. 30, 2019
Accounting Policies [Abstract]
Schedule of cash and cash equivalents by location	Error extracting Word contentError extracting Word content

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	Nov. 30, 2019
Disclosure Text Block Supplement [Abstract]
Schedule of inventories	Error extracting Word content
Schedule of property, plant and equipment	Error extracting Word content
Schedule of intangible assets	Error extracting Word content

Investments in Unconsolidated_2

Investments in Unconsolidated Entities (Tables)	3 Months Ended
	Nov. 30, 2019
Investments In Unconsolidated Entities Disclosure [Abstract]
Schedule of ownership interest and carrying amounts of investments in unconsolidated entities	Error extracting Word content

Assets and Liabilities held f_2

Assets and Liabilities held for sale (Tables)	3 Months Ended
	Nov. 30, 2019
Assets And Liabilities Held For Sale [Abstract]
Summary of assets and liabilities held for sale	Error extracting Word content

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Nov. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Schedule of balance sheet information related to leases	Error extracting Word content
Schedule of lease expenses and related cash flows	Error extracting Word content
Schedule of aggregate future noncancellable minimum rental payments for the operating leases	Error extracting Word content

Stock-based Compensation (Table

Stock-based Compensation (Tables)	3 Months Ended
	Nov. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of the stock-based compensation expense	Error extracting Word content

Net Loss Per Share of Common _2

Net Loss Per Share of Common Stock (Tables)	3 Months Ended
	Nov. 30, 2019
Earnings Per Share [Abstract]
Schedule of stock-based compensation plan awards were excluded from the computation of diluted net loss per share of common stock	Error extracting Word content

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Nov. 30, 2019
Income Tax Disclosure [Abstract]
Schedule of Income (loss) before income taxes	Error extracting Word content

Business (Details)

Business (Details)	3 Months Ended
	Nov. 30, 2019subsidiary
Business
Date of entity incorporation	Jan. 4, 2005
Number of wholly owned subsidiaries	4
Taiwan SemiLEDs | Taiwan Bandaoti Zhaoming Co., Ltd.
Business
Ownership interest (as a percent)	97.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Basis of Presentation and Use of Estimates (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Aug. 31, 2019	Aug. 31, 2018
Accounting Policies [Abstract]
Losses from operations	$ 559	$ 1,022	$ 3,700	$ 3,700
Net cash used in operating activities	324	1,266	3,500	1,200
Gross profits (losses) on product sales	518	$ (219)	452	$ (435)
Cash and cash equivalents	$ 688		$ 1,363

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Others (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2019	Aug. 31, 2019
Restricted Cash and Cash Equivalents
Restricted Cash Equivalents, Current	$ 81	$ 19
Restricted Cash, Noncurrent	$ 92	$ 89
Revenues Recognition
Minimum warranty period	3 months
Maximum warranty period	2 years

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Concentration of Credit Risk (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Aug. 31, 2019
Concentration Risk [Line Items]
Cash and cash equivalents	$ 688		$ 1,363
Net revenues | Customer concentration
Concentration Risk [Line Items]
Concentration risk (as a percent)	85.00%	79.00%
Net revenues | Geographic concentration
Concentration Risk [Line Items]
Concentration risk (as a percent)	89.00%	82.00%
United States | U.S. Dollars
Concentration Risk [Line Items]
Cash and cash equivalents	$ 170		52
Taiwan | U.S. Dollars
Concentration Risk [Line Items]
Cash and cash equivalents	316		447
Taiwan | New Taiwan Dollars
Concentration Risk [Line Items]
Cash and cash equivalents	66		730
Taiwan | Other currencies
Concentration Risk [Line Items]
Cash and cash equivalents	$ 136		77
China (including Hong Kong) | Renminbi
Concentration Risk [Line Items]
Cash and cash equivalents			49
China (including Hong Kong) | H.K. dollars
Concentration Risk [Line Items]
Cash and cash equivalents			$ 8

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Noncontrolling Interests (Details) $ in Thousands, $ in Millions	Sep. 01, 2018USD ($)shares	Sep. 01, 2018TWD ($)shares	Dec. 31, 2018shares	Nov. 30, 2018USD ($)	Nov. 30, 2019shares	Aug. 31, 2019shares	Aug. 31, 2018shares
Minority Interest [Line Items]
Common stock, shares issued					3,595,000	3,594,000
Taiwan Bandaoti Zhaoming Co., Ltd.
Minority Interest [Line Items]
Noncontrolling interest (as percentage)	3.31%	3.31%			3.29%		0.00%
Taiwan Bandaoti Zhaoming Co., Ltd.
Minority Interest [Line Items]
Common stock, shares issued	12,501,715	12,501,715					12,087,715
Common stock issued during period, shares	414,000	414,000
Common stock issued during period, value	$ 176	$ 5.4		$ 176
Taiwan SemiLEDs | Taiwan Bandaoti Zhaoming Co., Ltd.
Minority Interest [Line Items]
Common shares purchased form non-controlling interests			3,000

Balance Sheet Components - Inve

Balance Sheet Components - Inventories (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Aug. 31, 2019
Disclosure Text Block Supplement [Abstract]
Raw materials	$ 506		$ 479
Work in process	761		728
Finished goods	1,045		876
Total	2,312		$ 2,083
Inventory write-downs	$ 119	$ 172

Balance Sheet Components - Prop

Balance Sheet Components - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Nov. 30, 2019	Aug. 31, 2019
Property Plant And Equipment [Line Items]
Total property, plant and equipment	$ 55,172	$ 53,693
Less: Accumulated depreciation and amortization	(49,237)	(47,815)
Property, plant and equipment, net	5,935	5,878
Buildings and improvements
Property Plant And Equipment [Line Items]
Total property, plant and equipment	13,620	13,238
Machinery and equipment
Property Plant And Equipment [Line Items]
Total property, plant and equipment	38,980	37,988
Leasehold improvements
Property Plant And Equipment [Line Items]
Total property, plant and equipment	160	156
Other equipment
Property Plant And Equipment [Line Items]
Total property, plant and equipment	2,305	2,250
Construction in progress
Property Plant And Equipment [Line Items]
Total property, plant and equipment	$ 107	$ 61

Balance Sheet Components - Inta

Balance Sheet Components - Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Nov. 30, 2019	Aug. 31, 2019
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 867	$ 1,026
Accumulated Amortization	774	933
Total	$ 93	$ 93
Patents and trademarks
Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (Years)	15 years	15 years
Gross Carrying Amount	$ 533	$ 542
Accumulated Amortization	440	449
Total	$ 93	$ 93
Acquired technology
Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (Years)	5 years	5 years
Gross Carrying Amount	$ 334	$ 484
Accumulated Amortization	$ 334	$ 484

Investments in Unconsolidated_3

Investments in Unconsolidated Entities (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2019	Aug. 31, 2019
Schedule Of Investments [Line Items]
Equity investment without readily determinable fair value	$ 920	$ 894
Total investments in unconsolidated entities	920	$ 894
Unconsolidated Entities
Schedule Of Investments [Line Items]
Dividend received from unconsolidated entities	$ 0

Assets and Liabilities held f_3

Assets and Liabilities held for sale (Details) $ in Thousands	Nov. 30, 2019USD ($)
Assets
Cash and cash equivalents	$ 61
Accounts receivable, net	263
Inventory	4
Prepaid expenses and other current assets	72
Other assets	1
Total	401
Liabilities
Accounts payable	786
Accrued expenses and other current liabilities	4
Total	$ 790

Commitments and Contingencies_2

Commitments and Contingencies (Details) $ in Thousands, $ in Thousands	Jan. 25, 2019USD ($)	Dec. 28, 2018USD ($)	Nov. 30, 2019USD ($)	Nov. 30, 2019TWD ($)	Nov. 30, 2018USD ($)	Aug. 31, 2019USD ($)
Commitments and Contingencies
Lease expense related to operating leases			$ 38		$ 38
Operating lease agreements, description			The Company has several operating leases with unrelated parties, primarily for land, plant and office spaces in Taiwan, which include cancellable and noncancellable leases and which expire at various dates between December 2029 and December 2029.	The Company has several operating leases with unrelated parties, primarily for land, plant and office spaces in Taiwan, which include cancellable and noncancellable leases and which expire at various dates between December 2029 and December 2029.
ASSETS
Operating lease right of use assets			$ 307
Liabilities
Operating lease liabilities, current portion			148
Operating lease liabilities, less current portion			159
Total			307
Operating lease expenses, net			38
Cash Paid for amounts Included In Measurement of Liabilities:
Operating cash flows from operating leases			$ 38
Operating leases			3 years 1 month 2 days
Operating leases			1.76%
Remainder of 2020			$ 112
2021			95
2022			30
2023			11
2024			11
Thereafter			60
Total future minimum lease payments, undiscounted			319
Less: Imputed interest			(12)
Present value of future minimum lease payments			307
Purchase Obligations
Purchase commitments for inventory, property, plant and equipment			127,000			158,000
Litigation
Advance receipt toward the convertible note			500			$ 500
Settlement agreement, date	January 25, 2019
Value-added-tax	$ 150
Penalty amount	$ 200
Loss contingency paid			3,350
Claims From Well Thrive Ltd.
Litigation
Advance receipt toward the convertible note			500
Epistar Corporation
Litigation
Loss contingency, return of prepayment value		$ 3,000
Former Employee
Litigation
Loss contingency, return of prepayment value			$ 9	$ 293
First mediation proceeding			August 16, 2019	August 16, 2019
Minimum
Commitments and Contingencies
Cancellable and noncancellable operating lease expiration			2029-12	2029-12
Maximum
Commitments and Contingencies
Cancellable and noncancellable operating lease expiration			2029-12	2029-12

Common Stock (Details)

Common Stock (Details) - shares	Nov. 30, 2019	Aug. 31, 2019	Jun. 29, 2018
Class Of Stock [Line Items]
Common stock, shares authorized	7,500,000	7,500,000	7,500,000
Previously Reported
Class Of Stock [Line Items]
Common stock, shares authorized			75,000,000

Stock-based Compensation (Detai

Stock-based Compensation (Details) $ / shares in Units, $ in Thousands	Jul. 31, 2019shares	Sep. 30, 2019$ / sharesshares	Apr. 30, 2014shares	Nov. 30, 2019USD ($)shares	Nov. 30, 2018USD ($)itemshares
Stock-based Compensation
Number of share-based compensation plans | item					1
Additional number of shares authorized for issuance	500,000		250,000
Plan expiration date	Nov. 3, 2023
Maximum grant limit per employee per one year period	35,000
Shares of common stock reserved for issuance				1,021,000	521,000
Common stock available for future issuance (in shares)				684,000	189,000
Share-based Compensation, Forfeiture Method [Fixed List]				Estimating expected forfeitures
Estimated forfeiture rate (as a percent)				0.00%
Stock-based compensation expense | $				$ 35	$ 43
Cost of revenues
Stock-based Compensation
Stock-based compensation expense | $				11	11
Research and development
Stock-based Compensation
Stock-based compensation expense | $				6	7
Selling, general and administrative
Stock-based Compensation
Stock-based compensation expense | $				$ 18	$ 25
Maximum
Stock-based Compensation
Vesting period				1 year
July Thirty One Two Thousand Twenty Member | Directors | Restricted Stock Units (RSUs)
Stock-based Compensation
Stock units granted (in shares)		5,000
Vesting percentage		100.00%
Grant-date fair value (in dollars per share) | $ / shares		$ 2.45
Earlier of September 5, 2020 and the date of 2020 annual meeting | Directors | Restricted Stock Units (RSUs)
Stock-based Compensation
Stock units granted (in shares)		2,500
Vesting percentage		100.00%
Grant-date fair value (in dollars per share) | $ / shares		$ 2.45

Net Loss Per Share of Common _3

Net Loss Per Share of Common Stock (Details) - shares shares in Thousands	3 Months Ended
	Nov. 30, 2019	Nov. 30, 2018
Stock units and stock options to purchase common stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	30	21

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended		12 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Aug. 31, 2017	Aug. 31, 2019
Income Taxes [Line Items]
U.S. operations	$ (197,000)	$ (150,000)
Foreign operations	(125,000)	(833,000)
Loss before income taxes	$ (322,000)	$ (983,000)
U.S. federal corporate income tax rate	21.00%		34.00%
One-time transition tax payable period on certain unrepatriated earnings from non-U.S. subsidiaries	8 years
Unrecognized tax benefits	$ 0			$ 0
Earliest Tax Year
Income Taxes [Line Items]
Tax year remain open	2014
Latest Tax Year
Income Taxes [Line Items]
Tax year remain open	2018

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 10, 2019	Dec. 06, 2019	Nov. 30, 2019	Nov. 27, 2019
Unsecured Convertible Promissory Notes Payable
Subsequent Event [Line Items]
Debt instrument , maturity date			May 30, 2021
Debt instrument, convertible conversion price			$ 3
Unsecured Convertible Promissory Notes Payable | Trung Doan | Subsequent Event
Subsequent Event [Line Items]
Principal amount of unsecued convertible promissory notes	$ 500
Interest Rate On Promissory Notes Payable	3.50%
Unsecured Convertible Promissory Notes Payable | J.R. Simplot Company | Subsequent Event
Subsequent Event [Line Items]
Principal amount of unsecued convertible promissory notes		$ 1,500
Interest Rate On Promissory Notes Payable		3.50%
XianChang Ma
Subsequent Event [Line Items]
Aggregate amount of stock				$ 100,000
Business acquisition , transaction costs				$ 40,000
Other current liabilities			$ 140,000