Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2020	May 31, 2019
ASSETS
Cash and cash equivalents	$ 5,433	$ 5,428
Accounts receivable, net	3,717	4,859
Inventories	7,989	9,061
Prepaid expenses and other	512	686
Total current assets	17,651	20,034
Property and equipment, net	663	1,045
Operating lease right-of-use assets	2,107	0
Other assets	153	228
Total assets	20,574	21,307
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	945	1,933
Accrued expenses	1,439	2,034
Operating lease liabilities, short-term	658	0
Customer deposits and deferred revenue, short-term	170	1,545
Current portion of long-term debt	653	0
Total current liabilities	3,865	5,512
Operating lease liabilities, long-term	1,605	0
Long-term debt, net of current portion	1,026	0
Deferred rent	0	153
Deferred revenue, long-term	22	189
Total liabilities	6,518	5,854
Aehr Test Systems shareholders' equity:
Preferred stock, $0.01 par value: Authorized: 10,000 shares; Issued and outstanding: none	0	0
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 23,107 shares and 22,669 shares at May 31, 2020 and 2019 respectively	231	227
Additional paid-in capital	85,898	84,499
Accumulated other comprehensive income	2,234	2,230
Accumulated deficit	(74,286)	(71,484)
Total Aehr Test Systems shareholders' equity	14,077	15,472
Noncontrolling interest	(21)	(19)
Total shareholders' equity	14,056	15,453
Total liabilities and shareholders' equity	$ 20,574	$ 21,307