Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2021	May 31, 2020
ASSETS
Cash and cash equivalents	$ 4,582	$ 5,433
Accounts receivable, net	5,202	3,717
Inventories	8,849	7,989
Prepaid expenses and other	551	512
Total current assets	19,184	17,651
Property and equipment, net	677	663
Operating lease right-of-use assets	1,606	2,107
Other assets	198	153
Total assets	21,665	20,574
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	2,893	945
Accrued expenses	2,163	1,439
Operating lease liabilities, short-term	737	658
Customer deposits and deferred revenue, short-term	189	170
Line of credit	1,400	0
Current portion of long-term debt	1,679	653
Total current liabilities	9,061	3,865
Operating lease liabilities, long-term	1,007	1,605
Long-term debt, net of current portion	0	1,026
Deferred revenue, long-term	99	22
Other long-term liabilities	49	0
Total liabilities	10,216	6,518
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: 23,725 shares and 23,107 shares at May 31, 2021 and 2020 respectively	237	231
Additional paid-in capital	87,553	85,898
Accumulated other comprehensive income	(28)	2,234
Accumulated deficit	(76,313)	(74,286)
Total Aehr Test Systems shareholders' equity	11,449	14,077
Noncontrolling interest	0	(21)
Total shareholders' equity	11,449	14,056
Total liabilities and shareholders' equity	$ 21,665	$ 20,574