Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Feb. 28, 2019	May 31, 2018	[1]
ASSETS
Cash and cash equivalents	$ 12,300	$ 16,848
Accounts receivable, net	1,944	2,856
Inventories	9,189	9,049
Prepaid expenses and other current assets	787	703
Total current assets	24,220	29,456
Property and equipment, net	975	1,203
Other assets	256	296
Total assets	25,451	30,955
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	557	1,762
Accrued expenses	2,085	1,646
Customer deposits and deferred revenue, short-term	1,267	1,630
Current portion of long-term debt	6,110	6,110
Total current liabilities	10,019	11,148
Deferred rent	151	63
Deferred revenue, long -term	240	459
Total liabilities	10,410	11,670
Aehr Test Systems shareholders' equity:
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 22,562 shares and 22,143 shares at February 28, 2019 and May 31, 2018, respectively	226	221
Additional paid-in capital	84,176	83,041
Accumulated other comprehensive income	2,252	2,292
Accumulated deficit	(71,594)	(66,249)
Total Aehr Test Systems shareholders' equity	15,060	19,305
Noncontrolling interest	(19)	(20)
Total shareholders' equity	15,041	19,285
Total liabilities and shareholders' equity	$ 25,451	$ 30,955

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