Aehr Reports Record Revenue for Fiscal 2022 Fourth Quarter and Full Year Driven by Demand for Semiconductor Wafer Test and Burn-in for Electric Vehicles

AEHR TEST SYSTEMS AND SUBSIDIARIES 
Condensed Consolidated Balance Sheets 
(in thousands, except per share data) 
(unaudited) 
         
   May 31, February 28, May 31, 
   2022 2022 2021 
         
ASSETS       
         
Current assets:      
  Cash and cash equivalents$31,484 $32,020 $4,582 
  Accounts receivable, net 12,859  8,543  5,202 
  Inventories  15,051  14,152  8,849 
  Prepaid expenses and other 613  559  551 
      Total current assets 60,007  55,274  19,184 
          
Property and equipment, net   1,203     776     677  
Operating lease right-of-use assets   917     1,091     1,606  
Other assets     201     214     198  
      Total assets $ 62,328   $ 57,355   $ 21,665  
                 
LIABILITIES AND SHAREHOLDERS' EQUITY          
                 
Current liabilities:            
  Accounts payable $ 4,195   $ 3,307   $ 2,893  
  Accrued expenses   3,610     2,535     2,163  
  Operating lease liabilities, short-term   794     778     737  
  Customer deposits and deferred revenue, short-term       2,415     6,197     189  
  Line of credit   -     -     1,400  
  Current portion of long-term debt   -     -     1,679  
      Total current liabilities   11,014     12,817     9,061  
                 
Operating lease liabilities, long-term   212     415     1,007  
Deferred revenue, long-term   69     90     99  
Other liabilities   44     45     49  
      Total liabilities   11,339     13,367     10,216  
                 
      Total shareholders' equity   50,989     43,988     11,449  
                 
      Total liabilities and shareholders' equity $ 62,328   $ 57,355   $ 21,665  
                 



« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise