Company: AEHR
Filing Date: 2025-10-08
Form Type: 10-Q
Source: 0001654954-25-011582
Chunk: 0

Company: AEHR TEST SYSTEMS
Filing Date: 2025-10-08
Form: 10-Q
Item: Part I, Item 1
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AEHR TEST SYSTEMS 

CONDENSED CONSOLIDATED BALANCE SHEETS 

(Unaudited) 

  August 29,  May 30, (In thousands, except par value) 2025  2025 ASSETS      Current assets:      Cash and cash equivalents $22,708  $24,529 Accounts receivable  13,055   14,191 Inventories  41,842   41,997 Prepaid expenses and other current assets  6,447   8,061 Total current assets  84,052   88,778 Property and equipment, net  9,001   8,969 Goodwill  10,719   10,719 Intangible assets, net  10,439   10,781 Deferred tax assets, net  19,875   19,114 Operating lease right-of-use assets, net  9,422   9,601 Other non-current assets  584   546 Total assets $144,092  $148,508 LIABILITIES AND SHAREHOLDERS EQUITY        Current liabilities:        Accounts payable $3,380  $6,728 Accrued expenses and other current liabilities  6,509   6,020 Operating lease liabilities, short-term  905   909 Deferred revenue, short-term  1,119   1,981 Total current liabilities  11,913   15,638 Operating lease liabilities, long-term  9,710   9,921 Deferred revenue, long-term  35   36 Other long-term liabilities  40   42 Total liabilities  21,698   25,637 Commitments and contingencies (Note 6)        Shareholders equity:        Preferred stock, $0.01 par value: Authorized: 10,000 shares;        Issued and outstanding: none  -   - Common stock, $0.01 par value: Authorized: 75,000 shares;         Issued and outstanding: 29,973 shares and 29,877 shares at August 29, 2025 and May 30, 2025, respectively  300   299 Additional paid-in capital