Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2017	May 31, 2016
ASSETS
Cash and cash equivalents	$ 17,803	$ 939
Accounts receivable, net	4,010	522
Inventories	6,604	7,033
Prepaid expenses and other	961	254
Total current assets	29,378	8,748
Property and equipment, net	1,419	1,204
Other assets	95	94
Total assets	30,892	10,046
LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)
Accounts payable	2,808	1,413
Accrued expenses	1,609	1,553
Customer deposits and deferred revenue	3,467	1,714
Total current liabilities	7,884	4,680
Convertible notes, net of debt issuance costs	6,110	5,962
Deferred revenue, long-term	104	127
Total liabilities	14,098	10,769
Aehr Test Systems shareholders' equity (deficit):
Preferred stock, $0.01 par value: Authorized: 10,000 shares; Issued and outstanding: none	0	0
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 21,340 shares and 13,216 shares at May 31, 2017 and 2016, respectively	213	132
Additional paid-in capital	81,128	58,052
Accumulated other comprehensive income	2,249	2,237
Accumulated deficit	(66,777)	(61,124)
Total Aehr Test Systems shareholders' equity (deficit)	16,813	(703)
Noncontrolling interest	(19)	(20)
Total Shareholders' equity (deficit)	16,794	(723)
Total liabilities and shareholders' equity (deficit)	$ 30,892	$ 10,046