Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2018	May 31, 2017
ASSETS
Cash and cash equivalents	$ 16,848	$ 17,803
Accounts receivable, net	2,856	4,010
Inventories	9,049	6,604
Prepaid expenses and other	703	961
Total current assets	29,456	29,378
Property and equipment, net	1,203	1,419
Other assets	296	95
Total assets	30,955	30,892
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	1,762	2,808
Accrued expenses	1,646	1,609
Customer deposits and deferred revenue, short-term	1,630	3,467
Current portion of long-term debt	6,110	0
Total current liabilities	11,148	7,884
Convertible notes	0	6,110
Deferred rent	63	0
Deferred revenue, long-term	459	104
Total liabilities	11,670	14,098
Aehr Test Systems shareholders' equity:
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: 22,143 shares and 21,340 shares at May 31, 2018 and 2017, respectively	221	213
Additional paid-in capital	83,041	81,128
Accumulated other comprehensive income	2,292	2,249
Accumulated deficit	(66,249)	(66,777)
Total Aehr Test Systems shareholders' equity	19,305	16,813
Noncontrolling interest	(20)	(19)
Total shareholders' equity	19,285	16,794
Total liabilities and shareholders' equity	$ 30,955	$ 30,892