Company: AEHR
Filing Date: 2025-07-28
Form Type: 10-K
Source: 0001654954-25-008553
Chunk: 188

Company: AEHR TEST SYSTEMS
Filing Date: 2025-07-28
Form: 10-K
Item: Item 1A
Chunk 188
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10,719  Goodwill was tested for impairment in the fourth quarter at the reporting unit level. There were no impairments to goodwill during the year ended May 30, 2025. Purchased Intangible Assets The Company’s purchased intangible assets, net, were as follows:   May 30, 2025 (In thousands)    Accumulated     Finite-lived intangible assets: Gross  Amortization  Net Developed technology $9,130  $(634) $8,496 Trade names  1,050   (88)  962 Customer relationships  810   (61)  749 Non-compete agreements and others  1,010   (436)  574 Total $12,000  $(1,219) $10,781  Amortization expense related to purchased intangible assets with finite lives was $1.2 million for the year ended May 30, 2025. As of May 30, 2025, the estimated future amortization expense of purchased intangible assets with finite lives is as follows: (In thousands) Amount     2026 $1,229 2027  1,183 2028  981 2029  939 2030  939 Thereafter  5,510 Total $10,781  There were no impairment charges related to purchased intangible assets for the year ended May 30, 2025.

 6. INCOME TAXES Domestic and foreign components of income (loss) before income tax expense (benefit) are as follows:   Year Ended   May 30,  May 31,  May 31, (In thousands) 2025  2024  2023 Domestic $(4,422) $12,355  $14,541 Foreign   131   103   76   $(4,291) $12,458  $14,617 

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The income tax expense (benefit) consists of the following:   Year Ended   May 30,  May 31,  May 31, (In thousands) 2025  2024  2023 Federal income taxes:         Current