Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Feb. 29, 2020	May 31, 2019	[1]
ASSETS
Cash and cash equivalents	$ 5,058	$ 5,428
Accounts receivable, net	3,511	4,859
Inventories	9,330	9,061
Prepaid expenses and other current assets	586	686
Total current assets	18,485	20,034
Property and equipment, net	783	1,045
Operating lease right-of-use assets	2,260	0
Other assets	160	228
Total assets	21,688	21,307
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	925	1,933
Accrued expenses	1,373	2,034
Operating lease liabilities, short-term	644	0
Customer deposits and deferred revenue, short-term	385	1,545
Total current liabilities	3,327	5,512
Operating lease liabilities, long-term	1,772	0
Deferred rent	0	153
Deferred revenue, long -term	34	189
Total liabilities	5,133	5,854
Aehr Test Systems shareholders' equity:
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 23,015 shares and 22,669 shares at February 29, 2020 and May 31, 2019, respectively	230	227
Additional paid-in capital	85,530	84,499
Accumulated other comprehensive income	2,216	2,230
Accumulated deficit	(71,401)	(71,484)
Total Aehr Test Systems shareholders' equity	16,575	15,472
Noncontrolling interest	(20)	(19)
Total shareholders' equity	16,555	15,453
Total liabilities and shareholders' equity	$ 21,688	$ 21,307

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