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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Aug. 31, 2018
May 31, 2018
ASSETS    
Cash and cash equivalents $ 15,864 $ 16,848 [1]
Accounts receivable, net 2,272 2,856 [1]
Inventories 9,585 9,049 [1]
Prepaid expenses and other current assets 727 703 [1]
Total current assets 28,448 29,456 [1]
Property and equipment, net 1,174 1,203 [1]
Other assets 266 296 [1]
Total assets 29,888 30,955 [1]
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 1,317 1,762 [1]
Accrued expenses 1,498 1,646 [1]
Customer deposits and deferred revenue, short-term 2,339 1,630 [1]
Current portion of long-term debt 6,110 6,110 [1]
Total current liabilities 11,264 11,148 [1]
Deferred rent 145 63
Deferred revenue, long -term 359 459
Total liabilities 11,768 11,670 [1]
Aehr Test Systems shareholders' equity:    
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 22,245 shares and 22,143 shares at August 31, 2018 and May 31, 2018, respectively 222 221 [1]
Additional paid-in capital 83,405 83,041 [1]
Accumulated other comprehensive income 2,276 2,292 [1]
Accumulated deficit (67,764) (66,249) [1]
Total Aehr Test Systems shareholders' equity 18,139 19,305 [1]
Noncontrolling interest (19) (20) [1]
Total shareholders' equity 18,120 19,285 [1]
Total liabilities and shareholders' equity $ 29,888 $ 30,955 [1]
[1] The condensed consolidated balance sheet at May 31, 2018 has been derived from the audited consolidated financial statements at that date.