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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 28, 2018
May 31, 2017
[1]
ASSETS    
Cash and cash equivalents $ 9,077 $ 17,803
Short-term investments 5,986 0
Accounts receivable, net 4,673 4,010
Inventories 9,368 6,604
Prepaid expenses and other current assets 1,339 961
Total current assets 30,443 29,378
Property and equipment, net 1,205 1,419
Other assets 324 95
Total assets 31,972 30,892
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 2,638 2,808
Accrued expenses 1,643 1,609
Customer deposits and deferred revenue, short-term 2,310 3,467
Total current liabilities 6,591 7,884
Long-term debt 6,110 6,110
Deferred revenue, long-term 497 104
Total liabilities 13,198 14,098
Aehr Test Systems shareholders' equity:    
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 21,943 shares and 21,340 shares at February 28, 2018 and May 31, 2017, respectively 219 213
Additional paid-in capital 82,671 81,128
Accumulated other comprehensive income 2,344 2,249
Accumulated deficit (66,440) (66,777)
Total Aehr Test Systems shareholders' equity 18,794 16,813
Noncontrolling interest (20) (19)
Total shareholders' equity 18,774 16,794
Total liabilities and shareholders' equity $ 31,972 $ 30,892
[1] The condensed consolidated balance sheet at May 31, 2017 has been derived from the audited consolidated financial statements at that date.