XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Aug. 31, 2020
May 31, 2020
[1]
ASSETS    
Cash and cash equivalents $ 6,313 $ 5,433
Accounts receivable, net 1,116 3,717
Inventories 8,102 7,989
Prepaid expenses and other current assets 439 512
Total current assets 15,970 17,651
Property and equipment, net 622 663
Operating lease right-of-use assets 1,952 2,107
Other assets 147 153
Total assets 18,691 20,574
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 809 945
Accrued expenses 1,373 1,439
Operating lease liabilities, short-term 671 658
Customer deposits and deferred revenue, short-term 387 170
Current portion of long-term debt 933 653
Total current liabilities 4,173 3,865
Operating lease liabilities, long-term 1,432 1,605
Long-term debt, net of current portion 746 1,026
Deferred revenue, long -term 19 22
Total liabilities 6,370 6,518
Aehr Test Systems shareholders' equity:    
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 23,291 shares and 23,107 shares at August 31, 2020 and May 31, 2020, respectively 233 231
Additional paid-in capital 86,356 85,898
Accumulated other comprehensive (loss) income (67) 2,234
Accumulated deficit (74,201) (74,286)
Total Aehr Test Systems shareholders' equity 12,321 14,077
Noncontrolling interest 0 (21)
Total shareholders' equity 12,321 14,056
Total liabilities and shareholders' equity $ 18,691 $ 20,574
[1] The condensed consolidated balance sheet at May 31, 2020 has been derived from the audited consolidated financial statements at that date.