CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2022	May 31, 2022
Current assets:
Cash and cash equivalents	$ 36,147	$ 31,484
Accounts receivable, net	5,116	12,859
Inventories	17,233	15,051
Prepaid expenses and other current assets	833	613
Total current assets	59,329	60,007
Property and equipment, net	1,322	1,203
Operating lease right-of-use assets	740	917
Other assets	187	201
Total assets	61,578	62,328
Current liabilities:
Accounts payable	3,387	4,195
Accrued expenses	2,479	3,610
Operating lease liabilities, short-term	741	794
Customer deposits and deferred revenue, short-term	3,292	2,415
Total current liabilities	9,899	11,014
Operating lease liabilities, long-term	73	212
Deferred revenue, long-term	47	69
Other long-term liabilities	41	44
Total liabilities	10,060	11,339
Aehr Test Systems shareholders' equity:
Common stock, $0.01 par value: Authorized: 75,000; Issued and outstanding: 27,395 shares and 27,120 shares at August 31, 2022 and May 31, 2022, respectively	274	271
Additional paid-in capital	117,668	117,686
Accumulated other comprehensive loss	(150)	(105)
Accumulated deficit	(66,274)	(66,863)
Total shareholders' equity	51,518	50,989
Total liabilities and shareholders' equity	$ 61,578	$ 62,328