Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Nov. 30, 2018	May 31, 2018	[1]
ASSETS
Cash and cash equivalents	$ 14,002	$ 16,848
Accounts receivable, net	3,868	2,856
Inventories	9,983	9,049
Prepaid expenses and other current assets	688	703
Total current assets	28,541	29,456
Property and equipment, net	1,074	1,203
Other assets	286	296
Total assets	29,901	30,955
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	1,953	1,762
Accrued expenses	1,487	1,646
Customer deposits and deferred revenue, short-term	2,068	1,630
Current portion of long-term debt	6,110	6,110
Total current liabilities	11,618	11,148
Deferred rent	147	63
Deferred revenue, long -term	252	459
Total liabilities	12,017	11,670
Aehr Test Systems shareholders' equity:
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 22,356 shares and 22,143 shares at November 30, 2018 and May 31, 2018, respectively	224	221
Additional paid-in capital	83,830	83,041
Accumulated other comprehensive income	2,241	2,292
Accumulated deficit	(68,393)	(66,249)
Total Aehr Test Systems shareholders' equity	17,902	19,305
Noncontrolling interest	(18)	(20)
Total shareholders' equity	17,884	19,285
Total liabilities and shareholders' equity	$ 29,901	$ 30,955

[1] The condensed consolidated balance sheet at May 31, 2018 has been derived from the audited consolidated financial statements at that date.