Company: AEHR
Filing Date: 2025-07-28
Form Type: 10-K
Source: 0001654954-25-008553
Chunk: 548

Company: AEHR TEST SYSTEMS
Filing Date: 2025-07-28
Form: 10-K
Item: Item 5
Chunk 548
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)  (2,060)Proceeds from issuance of common stock, net of issuance costs  -   (72)  6,820 Net cash provided by financing activities  625   139   7,322              Effect of exchange rate changes on cash, cash equivalents and restricted cash  13   (41)  (37)             Net increase (decrease) in cash, cash equivalents and restricted cash  (22,829)  19,105   (1,360)             Cash, cash equivalents and restricted cash, beginning of year(1)  49,309   30,204   31,564 Cash, cash equivalents and restricted cash, end of year (1) $26,480  $49,309  $30,204              Supplemental cash flow information:            Income taxes paid $100  $90  $21 Interest paid $-  $-  $15              Supplemental disclosure of non-cash flow information:            Net transfer of equipment between inventory and property and equipment $458  $357  $646 Purchases of property and equipment included in accounts payable and accrued liabilities $1,259  $53  $698 

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

The accompanying notes are an integral part of these consolidated financial statements.

 36Table of Contents

AEHR TEST SYSTEMS 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES Organization  Aehr Test Systems (the “Company”) was incorporated in California in May 1977 and primarily designs, engineers and manufactures test and burn-in equipment used in the semiconductor industry. The Company’s principal products are the FOX-XP, FOX-NP, and FOX-CP wafer contact parallel test and burn-in systems; the Sonoma, Tahoe and Echo packaged parts burn-in products; the WaferPak full wafer contactor; the DiePak Carrier; the WaferPak Aligner; the DiePak Autoloader; and test fixtures. Principles of Consolidation  The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Intercompany accounts and transactions have