Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Nov. 30, 2019	May 31, 2019
ASSETS
Cash and cash equivalents	$ 5,302	$ 5,428	[1]
Accounts receivable, net	5,231	4,859	[1]
Inventories	9,800	9,061	[1]
Prepaid expenses and other current assets	534	686	[1]
Total current assets	20,867	20,034	[1]
Property and equipment, net	860	1,045	[1]
Operating lease right-of-use assets	2,387	0	[1]
Other assets	186	228	[1]
Total assets	24,300	21,307	[1]
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	2,320	1,933	[1]
Accrued expenses	1,596	2,034	[1]
Operating lease liabilities, short-term	619	0	[1]
Customer deposits and deferred revenue, short-term	1,809	1,545
Total current liabilities	6,344	5,512	[1]
Operating lease liabilities, long-term	1,924	0	[1]
Deferred rent	0	153	[1]
Deferred revenue, long -term	64	189	[1]
Total liabilities	8,332	5,854	[1]
Aehr Test Systems shareholders' equity:
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 22,914 shares and 22,669 shares at November 30, 2019 and May 31, 2019, respectively	229	227	[1]
Additional paid-in capital	85,194	84,499	[1]
Accumulated other comprehensive income	2,211	2,230	[1]
Accumulated deficit	(71,646)	(71,484)	[1]
Total Aehr Test Systems shareholders' equity	15,988	15,472	[1]
Noncontrolling interest	(20)	(19)	[1]
Total shareholders' equity	15,968	15,453	[1]
Total liabilities and shareholders' equity	$ 24,300	$ 21,307	[1]

[1] The condensed consolidated balance sheet at May 31, 2019 has been derived from the audited consolidated financial statements at that date.