Company: AEHR
Filing Date: 2025-10-08
Form Type: 10-Q
Source: 0001654954-25-011582
Chunk: 1

Company: AEHR TEST SYSTEMS
Filing Date: 2025-10-08
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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147,333   145,758 Accumulated other comprehensive loss  (95 )  (126 )Accumulated deficit  (25,144 )  (23,060 )Total shareholders' equity  122,394   122,871 Total liabilities and shareholders equity $144,092  $148,508 

See accompanying Notes to Condensed Consolidated Financial Statements (unaudited)

 3Table of Contents

AEHR TEST SYSTEMS 

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS 

(Unaudited) 

  Three Months Ended   August 29,  August 30, (In thousands, except per share data) 2025  2024 Revenue $10,969  $13,119 Cost of revenue  7,250   6,041 Gross profit  3,719   7,078 Operating expenses:        Research and development  2,849   2,361 Selling, general and administrative  4,717   4,558 Restructuring charges  219   - Total operating expenses  7,785   6,919 Income (loss) from operations  (4,066 )  159 Interest income, net  179   681 Other income (expense), net  1,051   (26 )Income (loss) before income taxes expense (benefit)  (2,836 )  814 Income tax expense (benefit)  (752 )  154 Net income (loss) $(2,084 ) $660          Net income (loss) per share:        Basic $(0.07 ) $0.02 Diluted $(0.07 ) $0.02 Shares used in per share calculations:        Basic  29,923   29,107 Diluted  29,923   29,632 

 See accompanying Notes to Condensed Consolidated Financial Statements (unaudited)

 4Table of Contents

AEHR TEST SYSTEMS 

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) 

(Unaudited) 

  Three Months Ended    August 29,  August 30, (In thousands)