Company: AEHR
Filing Date: 2025-07-28
Form Type: 10-K
Source: 0001654954-25-008553
Chunk: 35

Company: AEHR TEST SYSTEMS
Filing Date: 2025-07-28
Form: 10-K
Item: Item 1
Chunk 35
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 facilities requirements and believes that alternate facilities would be available if needed.

Item 3. Legal Proceedings

From time to time, we are subject to various claims and legal proceedings that arise in the ordinary course of business. We accrue for losses related to litigation when a potential loss is probable and the loss can be reasonably estimated. For additional information regarding legal proceedings, refer to Note 9 – Commitments and Contingencies in the Notes to Consolidated Financial Statements. 

Item 4. Mine Safety Disclosures

Not Applicable

 21Table of Contents

PART II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

The Company’s common stock is publicly traded on the NASDAQ Capital Market under the symbol “AEHR”. The following table sets forth, for the periods indicated, the high and low sale prices for the common stock on such market. These quotations represent prices between dealers and do not include retail markups, markdowns or commissions and may not necessarily represent actual transactions.

  High  Low Fiscal 2025:      First quarter ended August 30, 2024 $21.44  $9.83 Second quarter ended November 29, 2024  17.41   10.64 Third quarter ended February 28, 2025  18.76   9.30 Fourth quarter ended May 30, 2025  10.45   6.27          Fiscal 2024:        First quarter ended August 31, 2023 $54.10  $33.72 Second quarter ended November 30, 2023  53.06   21.57 Third quarter ended February 29, 2024  30.50   14.54 Fourth quarter ended May 31, 2024  18.63   10.19 

At July 15, 2025, the Company had 131 holders of record of its common stock. A substantially greater number of holders of the Company’s common stock are “street name” or beneficial holders whose shares are held by banks, brokers and other financial institutions.

The Company has not paid cash dividends on its common stock or other securities. The Company currently anticipates that it will retain its future earnings, if any, for use in the expansion and operation of its business and does not anticipate paying any