Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Nov. 30, 2020	May 31, 2020	[1]
ASSETS
Cash and cash equivalents	$ 3,449	$ 5,433
Accounts receivable, net	1,429	3,717
Inventories	9,057	7,989
Prepaid expenses and other current assets	433	512
Total current assets	14,368	17,651
Property and equipment, net	683	663
Operating lease right-of-use assets	1,918	2,107
Other assets	142	153
Total assets	17,111	20,574
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	1,155	945
Accrued expenses	1,344	1,439
Operating lease liabilities, short-term	705	658
Customer deposits and deferred revenue, short-term	66	170
Current portion of long-term debt	1,213	653
Total current liabilities	4,483	3,865
Operating lease liabilities, long-term	1,361	1,605
Long-term debt, net of current portion	466	1,026
Deferred revenue, long -term	9	22
Total liabilities	6,319	6,518
Aehr Test Systems shareholders' equity:
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 23,487 shares and 23,107 shares at November 30, 2020 and May 31, 2020, respectively	235	231
Additional paid-in capital	86,786	85,898
Accumulated other comprehensive (loss) income	(62)	2,234
Accumulated deficit	(76,167)	(74,286)
Total Aehr Test Systems shareholders' equity	10,792	14,077
Noncontrolling interest	0	(21)
Total shareholders' equity	10,792	14,056
Total liabilities and shareholders' equity	$ 17,111	$ 20,574

[1] The condensed consolidated balance sheet at May 31, 2020 has been derived from the audited consolidated financial statements at that date.