AEHR TEST SYSTEMS AEHR Cash Flow

Aehr test systems (AEHR)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10
Cash flows from operating activities:
Net income (loss)
193	-3,253	-4,133	-5,235	-5,154	-1,686	-997	528	-458	-3,376	-4,888	-5,653	-7,914	-8,238	-7,834	-6,785	-5,629	-4,380	-5,446	-6,647	-4,508	-2,570	-319	422	-671	-2,341	-3,289	-3,419	0	0	0	-	-	-	-	-	-	-	-
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Net (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Stock-based compensation expense
811	829	848	905	879	896	1,036	996	1,030	1,045	896	999	1,021	977	1,016	1,016	1,090	1,096	1,119	997	897	913	883	829	799	765	575	601	617	598	713	709	731	772	838	947	0	0	0
Recovery of doubtful accounts
-	-	-	-	-	-	-	-58	34	27	64	53	-5	-18	-12	-13	22	18	9	-30	-42	-21	-12	15	28	0	8	0	10	13	-1	16	-18	10	20	15	0	0	0
Amortization of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	148	184	184	184	177	157	113	68	31	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	1	0	0	0
Gain on sale of long-term investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	990	990	990	990	0	0	0	0
Depreciation and amortization
396	394	415	431	450	457	439	417	376	332	292	271	275	259	234	203	160	147	143	135	120	107	117	141	194	247	289	322	350	393	440	491	529	549	563	573	0	0	0
Changes in operating assets and liabilities:
Accounts receivable
-2,532	-2,739	-3,064	-2,043	-138	2,920	-563	1,260	-4,099	-5,071	-3,497	-3,507	1,414	663	880	887	4,950	4,915	4,303	1,774	-3,989	-2,607	-1,776	-720	1,430	-561	-369	-206	-2,771	-327	-237	-1,285	1,414	-436	-949	-501	0	0	0
Inventories
-76	-420	-492	-112	-4,344	-2,387	-3,581	-2,073	3,019	3,014	3,848	430	-402	-1,581	-1,460	70	-1,439	-573	-1,008	-1,008	-580	-578	-584	-740	1,623	117	62	702	-795	-188	-263	-1,114	-989	-1,344	-1,226	-1,322	0	0	0
Prepaid expenses and other assets
-133	-87	-106	84	-497	-1,099	-1,034	59	-204	290	330	-707	75	8	-140	9	-61	118	189	34	-45	150	176	-51	105	-346	-315	-7	59	211	168	-42	-45	-44	-56	287	0	0	0
Accounts payable
309	297	373	210	-1,959	212	-2,144	-1,095	692	-40	1,624	1,686	222	598	164	564	212	-288	533	-850	-362	121	262	707	939	900	-67	243	843	141	679	570	-686	321	315	-353	0	0	0
Accrued expenses
-703	139	98	402	462	-118	-68	62	-241	259	213	53	430	-101	-147	539	134	227	96	-371	-104	-1	6	-25	115	-326	-113	58	189	14	143	-36	178	324	249	-214	0	0	0
Customer deposits and deferred revenue
-1,088	-447	-1,970	-355	-1,300	-1,073	-433	-1,482	1,763	2,291	344	1,730	-1,109	-320	841	-2,909	442	631	1,192	3,702	370	-1,257	-1,687	-984	786	1,454	2,048	1,477	0	0	0	-	-	-	-	-	-	-	-
Deferred rent
2	6	8	90	151	147	145	63	0	0	0	-	-	-	-	-	-	-	-	-8	-32	-56	-80	-95	-90	-86	-81	-76	-73	-67	-63	-59	-54	-51	-47	-42	0	0	0
Income taxes payable
-1	-25	-12	-11	-14	-1	-4	-28	-26	-28	-16	2	7	-29	-41	-41	-61	30	36	-15	-9	-54	-73	-65	-55	-66	-51	-5	-19	-9	-39	-78	-138	-130	-112	-94	0	0	0
Net cash used in operating activities
-1,484	-2,956	-4,856	-5,637	-3,048	-2,155	1,555	-1,351	-3,123	-5,232	-9,616	-4,495	-6,042	-3,844	-2,941	-6,281	-5,323	-5,266	-4,134	-2,256	-2,078	-1,885	-997	-607	-176	1,354	134	-310	-1,972	-3,685	-3,527	-4,875	-2,896	-3,425	-3,195	-4,142	0	0	0
Cash flows from investing activities:
Purchases of property and equipment
200	193	139	173	238	362	472	572	716	702	640	477	248	838	919	919	902	182	118	118	291	392	354	339	155	158	117	127	151	48	54	45	29	36	22	15	0	0	0
Proceeds from sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,375	1,375	1,375	1,375	0	0	0	0
Net cash used in investing activities
-198	-193	-139	-173	5,727	5,610	-472	-572	-6,681	-6,674	-640	-477	-248	-838	-919	-919	-902	-182	-118	-118	-291	-342	-304	-289	-105	-158	-117	-127	-151	-48	-54	1,330	1,346	1,345	1,353	-15	0	0	0
Cash flows from financing activities:
Line of credit borrowings (repayments), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-777	-291	166	53	-324	-809	-1,209	-505	-307	499	1,685	1,452	1,408	0	0	0	-	-	-	-
Proceeds from issuance of common stock under employee plans, net of taxes paid related to share settlement of equity awards
547	540	512	559	633	636	800	925	921	842	844	704	562	515	383	512	762	800	763	855	766	807	971	715	556	477	226	234	234	234	235	168	211	214	331	343	0	0	0
Net cash provided by financing activities
-5,563	-5,570	-5,598	-5,551	633	636	800	925	16,753	16,674	21,975	21,835	5,855	7,808	2,377	2,506	6,407	3,918	6,097	6,412	3,049	3,547	1,024	391	885	406	859	1,065	733	1,919	1,687	1,576	927	214	331	343	0	0	0
Effect of exchange rates on cash and cash equivalents
3	19	-5	-59	-89	-48	-12	43	89	37	-68	1	2	73	172	106	16	-111	-267	-320	-252	-218	-83	-10	-139	-300	-342	-377	-204	-120	-97	22	-210	-68	-2	68	0	0	0
Net decrease in cash, cash equivalents and restricted cash
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-955	7,038	4,805	11,651	16,864	-433	3,199	-1,311	-4,588	198	-1,641	1,578	3,718	428	1,102	-360	-515	465	1,302	534	251	-1,594	-1,934	-1,991	-1,947	-833	-1,934	-1,513	-3,746	0	0	0
Supplemental disclosure of non-cash flow information:
Net change in capitalized stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-20	-53	-60	-51	-4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock in consideration for cancellation of outstanding vendor invoice, Amount
-	-	-	-	-	-	-	-	-	-	-	323	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of common stock issued to settle accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfers of property and equipment to inventories
-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-