Company: AEHR
Filing Date: 2025-01-13
Form Type: 10-Q
Source: 0001654954-25-000285
Chunk: 24

Company: AEHR TEST SYSTEMS
Filing Date: 2025-01-13
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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285,000 and 373,000, respectively, were available for issuance.

11. NET INCOME (LOSS) PER SHARE Basic net income (loss) per share is determined using the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share is determined using the weighted average number of common shares and potential common shares (representing the hypothetical number of incremental shares issuable under the assumed exercise of outstanding stock options, and vesting of outstanding RSUs and ESPP shares) during the period using the treasury stock method. The calculation of dilutive shares outstanding excludes securities that would have an antidilutive effect on net income per share.

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The following table presents the computation of basic and diluted net income (loss) per share:    Three Months Ended   Six Months Ended    November 29,   November 30,   November 29,   November 30,  (In thousands, except per share data) 2024  2023  2024  2023 Numerator:            Net income (loss) $(1,028) $6,089  $(368) $10,763 Denominator:                Basic weighted average shares outstanding  29,659   28,801   29,383   28,725 Dilutive effect of common equivalent shares outstanding  -   968   -   975 Diluted weighted average shares outstanding  29,659   29,769   29,383   29,700                  Net income (loss) per share - Basic $(0.03) $0.21  $(0.01) $0.37 Net income (loss) per share - Diluted $(0.03) $0.20  $(0.01) $0.36                  Antidilutive employee share-based awards, excluded  1,747   9   1,622   4 

12. SEGMENT AND CONCENTRATION INFORMATION Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or group, in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision maker, the chief executive officer, reviews discrete financial information presented on a consolidated basis