On a non-GAAP basis, net loss attributable to SemiLEDs stockholders for fiscal 2012 was $37.8 million, or a net loss of $1.38 per diluted share, compared to non-GAAP net loss attributable to SemiLEDs stockholders of $14.3 million, or a net loss of $0.79 per diluted share, for fiscal 2011.GAAP gross margin for the fourth quarter of fiscal 2012 was negative 55%, compared with GAAP gross margin for the fourth quarter of fiscal 2011 of negative 93%. Operating margin for the fourth quarter of fiscal 2012 was negative 296%, compared with negative 228% in the fourth quarter of fiscal 2011. Margins for the fourth quarter of fiscal 2012 were negatively impacted by reduction in revenues, an impairment charge on the Company’s long-lived assets of $7.5 million and a charge to bad debt expense of $1.4 million on accounts and notes receivable from China SemiLEDs. Fourth quarter results reflect the Company’s reduction of the carrying amount of its investment in China SemiLEDs to zero, compared to the third quarter ending balance of $8.7 million. The reduction reflects primarily the Company’s recognition of its proportionate share of an impairment charge on China SemiLEDs’ long-lived assets related to the increased likelihood that shareholders of China SemiLEDs would fail to agree to and implement a restructuring plan for China SemiLEDs. The Company’s cash and cash equivalents were $47.2 million at the end of the fourth quarter of fiscal 2012, compared to the third quarter ending balance of $62.9 million. The Company also had short-term investments of $8.8 million at the end of the fourth quarter of fiscal 2012, consisting of time deposits with initial maturities of greater than three months but less than one year. Cash used in operating activities was $5.2 million in the fourth quarter of fiscal 2012. Conference Call Information SemiLEDs will discuss these financial results in a conference call today at 8:00 a.m. Eastern Standard Time (5:00 a.m. Pacific Standard Time, 9:00 p.m. China Standard Time). The public is invited to listen to a live webcast of the conference call on the Investors section of the Company’s website at http://investors.semileds.com/events.cfm. A replay of the webcast will be available on the Investors section of the Company’s website approximately three hours after the conclusion of the call and remain available for approximately 90 calendar days.