Company: AEHR
Filing Date: 2025-07-28
Form Type: 10-K
Source: 0001654954-25-008553
Chunk: 514

Company: AEHR TEST SYSTEMS
Filing Date: 2025-07-28
Form: 10-K
Item: Item 4
Chunk 514
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. As of May 30, 2025, the total unrecognized compensation expense related to unvested RSU, PRSU and restricted shares was $6.9 million. This expense will be amortized on a straight-line basis over a weighted average period of approximately 2.1 years.

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Stock Options The following table summarized the stock option transactions during fiscal 2025:   Number of Shares  Weighted Average Exercise Price  Weighted Average Remaining Contractual Term  Aggregated Intrinsic Value   (in thousands)  Per Share  (In Years)  (in thousands) Balances, May 31, 2024  702  $4.37   3.3  $5,320 Options terminated  (2)            Options exercised  (55)            Balances, May 30, 2025  645  $4.47   2.3  $3,619 Options exercisable, May 30, 2025  585  $3.85   2.1  $3,531 Options exercisable and expected to vest  645  $4.47   2.3  $3,619  The fair value of the Company’s stock options granted to employees was estimated on the date of grant using the Black-Scholes model and the straight-line attribution approach with the following weighted average assumptions:   Year Ended   May 31,  May 31,   2024  2023        Expected term (in years)   5  5-6 Volatility  93%  86%Risk-free interest rates  4.34%  3.12%Weighted average grant date fair value $36.02  $6.29  No options were granted during the year ended May 30, 2025. The total intrinsic values of options exercised were $0.6 million, $9.5 million, and $17.1 million during fiscal 2025, 2024, and 2023, respectively.  During fiscal year 2025, the Company recorded stock-based compensation related to its stock options of $0.5 million. As of May 30, 2025, the Company had $0.4 million of total unrecognized compensation expense related to un