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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
May 31, 2021
May 31, 2020
May 31, 2019
Cash flows from operating activities:      
Net (loss) income $ (2,027) $ (2,802) $ (5,235)
Adjustments to reconcile net (loss) income to net cash used in operating activities:      
Stock-based compensation expense 1,101 910 905
Recovery of doubtful accounts 0 0 (3)
Depreciation and amortization 310 384 431
Loss on disposal of assets 0 45 0
Net gain from dissolution of Aehr Test Systems Japan (2,186) 0 0
Income tax benefit related to dissolution of Aehr Test Systems Japan (215) 0 0
Changes in operating assets and liabilities:      
Accounts receivable (1,373) 1,161 (2,043)
Inventories (972) 1,164 (112)
Prepaid expenses and other (81) 271 84
Accounts payable 1,877 (1,024) 210
Accrued expenses 732 (589) 402
Customer deposits and deferred revenue 96 (1,542) (355)
Deferred rent 0 0 90
Other long-term liabilities 47 0 0
Income taxes payable (10) (2) (11)
Net cash used in operating activities (2,701) (2,024) (5,637)
Cash flows from investing activities:      
Purchases of property and equipment (227) (163) (173)
Net cash used in investing activities (227) (163) (173)
Cash flows from financing activities:      
Repayment of convertible notes 0 0 (6,110)
Proceeds from long-term debt 0 1,679 0
Line of credit borrowings, net 1,400 0 0
Proceeds from issuance of common stock under employee plans 580 503 559
Shares repurchased for tax withholdings on vesting of restricted stock units (20) (10) 0
Net cash provided by (used in) financing activities 1,960 2,172 (5,551)
Effect of exchange rates on cash, cash equivalents and restricted cash 117 20 (59)
Net increase (decrease) in cash, cash equivalents and restricted cash (851) 5 (11,420)
Cash, cash equivalents and restricted cash, beginning of year 5,513 5,508 16,928
Cash, cash equivalents and restricted cash, end of year 4,662 5,513 5,508
Supplemental cash flow information:      
Cash paid during the year for Income taxes 15 42 37
Cash paid during the year for Interest 6 0 610
Supplemental disclosure of non-cash flow information:      
Net transfer of equipment between inventory and property and equipment $ 113 $ 112 $ 119