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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 28, 2022
Feb. 28, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)        
Net sales $ 15,283 $ 5,267 $ 30,540 $ 8,962
Cost of sales 8,886 3,373 17,343 6,464
Gross profit 6,397 1,894 13,197 2,498
Operating expenses:        
Selling, general and administrative 2,612 1,643 7,054 4,658
Research and development 1,529 903 4,163 2,623
Total operating expenses 4,141 2,546 11,217 7,281
Income (loss) from operations 2,256 (652) 1,980 (4,783)
Interest income (expense), net 1 (10) (9) (35)
Net gain from dissolution of Aehr Test Systems Japan 0 0 0 2,186
Gain from forgiveness of PPP loan 0 0 1,698 0
Other income (expense), net 10 (39) 68 (139)
Income (loss) before income tax (expense) benefit 2,267 (701) 3,737 (2,771)
Income tax (expense) benefit (24) (34) (81) 177
Net income (loss) $ 2,243 $ (735) $ 3,656 $ (2,594)
Net income (loss) per share        
Earnings Per Share Basic $ 0.08 $ (0.03) $ 0.14 $ (0.11)
EarningsPerShareDiluted $ 0.08 $ (0.03) $ 0.13 $ (0.11)
Shares used in per share calculations:        
Basic 26,871 23,525 25,684 23,390
Diluted 28,854 23,525 27,510 23,390