| AEHR TEST SYSTEMS AND SUBSIDIARIES | |||||||
| Condensed Consolidated Balance Sheets | |||||||
| (in thousands) | |||||||
| (unaudited) | |||||||
| August 31, | May 31, | ||||||
| 2019 | 2019 | ||||||
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and cash equivalents | $ | 5,266 | $ | 5,428 | |||
| Accounts receivable, net | 3,287 | 4,859 | |||||
| Inventories | 9,217 | 9,061 | |||||
| Prepaid expenses and other | 523 | 686 | |||||
| Total current assets | 18,293 | 20,034 | |||||
| Property and equipment, net | 1,000 | 1,045 | |||||
| Operating lease right-of-use assets | 2,533 | - | |||||
| Other assets | 199 | 228 | |||||
| Total assets | $ | 22,025 | $ | 21,307 | |||
| LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||
| Current liabilities: | |||||||
| Accounts payable | $ | 1,742 | $ | 1,933 | |||
| Accrued expenses | 2,183 | 2,034 | |||||
| Customer deposits and deferred revenue, short-term | 615 | 1,545 | |||||
| Total current liabilities | 4,540 | 5,512 | |||||
| Lease liability long-term portion | 2,086 | - | |||||
| Deferred rent | - | 153 | |||||
| Deferred revenue, long-term | 113 | 189 | |||||
| Total liabilities | 6,739 | 5,854 | |||||
| Aehr Test Systems shareholders' equity | 15,306 | 15,472 | |||||
| Noncontrolling interest | (20 | ) | (19 | ) | |||
| Total shareholders' equity | 15,286 | 15,453 | |||||
| Total liabilities and shareholders' equity | $ | 22,025 | $ | 21,307 | |||
