| AEHR TEST SYSTEMS AND SUBSIDIARIES | |||||||||||||
| Condensed Consolidated Balance Sheets | |||||||||||||
| (in thousands, except per share data) | |||||||||||||
| (unaudited) | |||||||||||||
| November 30, | August 31, | May 31, | |||||||||||
| 2020 | 2020 | 2020 | |||||||||||
| ASSETS | |||||||||||||
| Current assets: | |||||||||||||
| Cash and cash equivalents | $ | 3,449 | $ | 6,313 | $ | 5,433 | |||||||
| Accounts receivable, net | 1,429 | 1,116 | 3,717 | ||||||||||
| Inventories | 9,057 | 8,102 | 7,989 | ||||||||||
| Prepaid expenses and other | 433 | 439 | 512 | ||||||||||
| Total current assets | 14,368 | 15,970 | 17,651 | ||||||||||
| Property and equipment, net | 683 | 622 | 663 | ||||||||||
| Operating lease right-of-use assets | 1,918 | 1,952 | 2,107 | ||||||||||
| Other assets | 142 | 147 | 153 | ||||||||||
| Total assets | $ | 17,111 | $ | 18,691 | $ | 20,574 | |||||||
| LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||||||||
| Current liabilities: | |||||||||||||
| Accounts payable | $ | 1,155 | $ | 809 | $ | 945 | |||||||
| Accrued expenses | 1,344 | 1,373 | 1,439 | ||||||||||
| Operating lease liabilities, short-term | 705 | 671 | 658 | ||||||||||
| Customer deposits and deferred revenue, short-term | 66 | 387 | 170 | ||||||||||
| Current portion of long-term debt | 1,213 | 933 | 653 | ||||||||||
| Total current liabilities | 4,483 | 4,173 | 3,865 | ||||||||||
| Operating lease liabilities, long-term | 1,361 | 1,432 | 1,605 | ||||||||||
| Long-term debt, net of current portion | 466 | 746 | 1,026 | ||||||||||
| Deferred revenue, long-term | 9 | 19 | 22 | ||||||||||
| Total liabilities | 6,319 | 6,370 | 6,518 | ||||||||||
| Aehr Test Systems shareholders' equity | 10,792 | 12,321 | 14,077 | ||||||||||
| Noncontrolling interest | - | - | (21 | ) | |||||||||
| Total shareholders' equity | 10,792 | 12,321 | 14,056 | ||||||||||
| Total liabilities and shareholders' equity | $ | 17,111 | $ | 18,691 | $ | 20,574 | |||||||
