Company: AEHR
Filing Date: 2025-01-13
Form Type: 10-Q
Source: 0001654954-25-000285
Chunk: 6

Company: AEHR TEST SYSTEMS
Filing Date: 2025-01-13
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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 assets and liabilities, net of acquisition:        Accounts receivable  3,718   12,037 Inventories  (3,638)  (9,996)Prepaid expenses and other current assets  (2,940)  (2,245)Accounts payable  (1,880)  (5,099)Accrued expenses  5   (974)Deferred revenue  (1,209)  (2,703)Operating lease liabilities  (478)  (89)Income taxes payable  (17)  12 Net cash provided by (used in) operating activities   (3,493)  3,356          Cash flows from investing activities:        Purchases of property and equipment  (518)  (440)Proceeds from maturities of investments  -   18,000 Payments for business acquisition, net of cash and cash equivalent acquired  (10,615)  - Net cash provided by (used in) investing activities   (11,133)  17,560          Cash flows from financing activities:        Proceeds from issuance of common stock under employee plans  831   1,092 Shares repurchased for tax withholdings on vesting of restricted stock units  (343)  (1,460)Proceeds from issuance of common stock from public offering, net of issuance costs  -   (72)Net cash provided by (used in) financing activities   488   (440)         Effect of exchange rate changes on cash, cash equivalents and restricted cash  (3)  (16)         Net increase (decrease) in cash, cash equivalents and restricted cash  (14,141)  20,460          Cash, cash equivalents and restricted cash, beginning of period (1)  49,309   30,204 Cash, cash equivalents and restricted cash, end of period (1) $35,168  $50,664 

(1) Includes restricted cash within prepaid expenses and other current assets and other non-current assets.

See accompanying Notes to Condensed Consolidated Financial Statements (unaudited)

 8Table of Contents

AEHR TEST SYSTEMS

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 

(Unaud