Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Aug. 31, 2017	May 31, 2017	[1]
ASSETS
Cash and cash equivalents	$ 13,993	$ 17,803
Accounts receivable, net	5,301	4,010
Inventories	9,020	6,604
Prepaid expenses and other current assets	2,050	961
Total current assets	30,364	29,378
Property and equipment, net	1,140	1,419
Other assets	95	95
Total assets	31,599	30,892
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	3,473	2,808
Accrued expenses	1,572	1,609
Customer deposits and deferred revenue, short-term	3,034	3,467
Total current liabilities	8,079	7,884
Convertible notes	6,110	6,110
Deferred revenue, long-term	97	104
Total liabilities	14,286	14,098
Aehr Test Systems shareholders' equity:
Common stock, $0.01 par value: Authorized: 75,000; Issued and outstanding: 21,532 shares and 21,340 shares at August 31, 2017 and May 31, 2017, respectively	215	213
Additional paid-in capital	81,576	81,128
Accumulated other comprehensive income	2,308	2,249
Accumulated deficit	(66,767)	(66,777)
Total Aehr Test Systems shareholders' equity	17,332	16,813
Noncontrolling interest	(19)	(19)
Total shareholders' equity	17,313	16,794
Total liabilities and shareholders' equity	$ 31,599	$ 30,892

[1] The condensed consolidated balance sheet at May 31, 2017 has been derived from the audited consolidated financial statements at that date.