{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-15T05:12:17.554439+00:00","company":{"ticker":"AEHR","cik":1040470,"company_name":"AEHR TEST SYSTEMS"},"pagination":{"limit":100,"returned":20,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Silicon Valley Bank","detail":"credit_facility","count":1,"first_seen":"2024-01-10T23:59:59+00:00","last_seen":"2024-01-10T23:59:59+00:00","evidence_fact_ids":[81889]},{"display_name":"William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC","detail":"atm_program","count":1,"first_seen":"2026-04-08T23:59:59+00:00","last_seen":"2026-04-08T23:59:59+00:00","evidence_fact_ids":[25287]}],"ma_counterparty":[{"display_name":"Incal Technology, Inc.","detail":"acquisition","count":1,"first_seen":"2024-08-01T23:59:59+00:00","last_seen":"2024-08-01T23:59:59+00:00","evidence_fact_ids":[122587]}]},"facts":[{"fact_type":"material_agreement","fact_key":"062b4cc1c212c2a395907a0baaef35f83aaecb44","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2026-04-08T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Equity Distribution Agreement","agreement_type":"atm_program","counterparty":"William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC","effective_date":"2026-04-08","item_codes_triggered":["1.01"],"value_text":"up to $60,000,000"},"claim":"AEHR TEST SYSTEMS entered into Equity Distribution Agreement with William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC valued at up to $60,000,000 (effective 2026-04-08).","evidence_excerpt":"On April 8, 2026, AEHR Test Systems (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC (the “Agents”), in connection with the offer and sale of up to $60,000,000 of shares of the Company’s common stock, par value $0.01 per share (“ATM Shares”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-26-003355","anchor_url":"https://secwatch.observer/filing/0001654954-26-003355#claim-062b4cc1c212c2a395907a0baaef35f83aaecb44","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495426003355/0001654954-26-003355-index.htm"},{"fact_type":"governance_change","fact_key":"446d098059b9d2fcbd2ef3f7b6170aa89bdaad51","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2026-04-07T23:59:59+00:00","payload":{"change_type":"fiscal_year_change","effective_date":"2026-06-27","item_codes_triggered":["5.03"],"summary_text":"Changed fiscal year end from the Friday nearest May 31 to the Friday nearest June 30, effective for fiscal year 2027."},"claim":"AEHR TEST SYSTEMS: Changed fiscal year end from the Friday nearest May 31 to the Friday nearest June 30, effective for fiscal year 2027 (effective 2026-06-27).","evidence_excerpt":"On April 2, 2026, the Board of Directors of the Company approved a change in the Company’s fiscal year end from the 52- or 53-week period ending on the Friday nearest May 31 to the 52- or 53-week period ending on the Friday nearest June 30.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-26-003310","anchor_url":"https://secwatch.observer/filing/0001654954-26-003310#claim-446d098059b9d2fcbd2ef3f7b6170aa89bdaad51","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495426003310/0001654954-26-003310-index.htm"},{"fact_type":"governance_change","fact_key":"7565c6456fa2babe39b478713863f0f6d7873873","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2025-02-28T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2025-02-24","item_codes_triggered":["5.03"],"summary_text":"Amended and restated bylaws effective February 24, 2025, adding advance notice provisions for director nominations and other business, and making administrative, modernizing, clarifying, and conforming changes."},"claim":"AEHR TEST SYSTEMS: Amended and restated bylaws effective February 24, 2025, adding advance notice provisions for director nominations and other business, and making administrative, modernizing, clarifying, and conforming changes (effective 2025-02-24).","evidence_excerpt":"On February 24, 2025, the Board of Directors (the “ Board ”) of Aehr Test Systems (the “ Company ”) approved and adopted amended and restated bylaws of the Company (the “ Amended and Restated Bylaws ”), effective immediately. Among other things, the Amended and Restated Bylaws (i) add advance notice provisions for the nomination of directors or the proposal of other business at stockholder meetings, and (ii) make other administrative, modernizing, clarifying, and conforming changes.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-25-002152","anchor_url":"https://secwatch.observer/filing/0001654954-25-002152#claim-7565c6456fa2babe39b478713863f0f6d7873873","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495425002152/0001654954-25-002152-index.htm"},{"fact_type":"ma_transaction","fact_key":"984292b62be9adca477b1baa69762fb2ef615f49","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2024-08-01T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2024-07-31","consideration_text":"$21.0 million","counterparty":"Incal Technology, Inc.","effective_date":"2024-07-31","item_codes_triggered":["2.01"]},"claim":"AEHR TEST SYSTEMS completed an acquisition involving Incal Technology, Inc. for $21.0 million (closed 2024-07-31).","evidence_excerpt":"on Form 8-K filed on July 15, 2024. Pursuant to the Purchase Agreement, the Company acquired all of the outstanding capital stock of Incal for an aggregate purchase price of $21.0 million, consisting of $14.0 million in cash and the issuance of $7.0 million in shares of the Company’s common stock (comprised of 552,355 shares of the Company’s common stock at","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-24-009808","anchor_url":"https://secwatch.observer/filing/0001654954-24-009808#claim-984292b62be9adca477b1baa69762fb2ef615f49","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495424009808/0001654954-24-009808-index.htm"},{"fact_type":"earnings_release","fact_key":"0e23c40a7c114597dab05223e8560974c53a3807","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2024-04-09T23:59:59+00:00","payload":{"eps_text":"$(0.05) per diluted share","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$(1.5) million","period_text":"third quarter of fiscal 2024 ended February 29, 2024","report_date":"2024-04-09","result_type":"reported_results","revenue_text":"$7.6 million"},"claim":"AEHR TEST SYSTEMS reported third quarter of fiscal 2024 ended February 29, 2024 results: revenue $7.6 million, net income $(1.5) million, EPS $(0.05) per diluted share. Guidance reaffirmed.","evidence_excerpt":"and burn-in equipment, today announced financial results for its third quarter of fiscal 2024 ended February 29, 2024. Fiscal Third Quarter Financial Results: · Net revenue was $7.6 million, compared to $17.2 million in the third quarter of fiscal 2023. · GAAP net loss was $(1.5) million, or $(0.05) per diluted share, compared to GAAP net income of $4.1 million, or","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-24-004414","anchor_url":"https://secwatch.observer/filing/0001654954-24-004414#claim-0e23c40a7c114597dab05223e8560974c53a3807","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495424004414/0001654954-24-004414-index.htm"},{"fact_type":"material_agreement","fact_key":"66c52d61b217ad150106088987399c6adbcf71a8","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2024-01-10T23:59:59+00:00","payload":{"action":"termination","agreement_name":"Loan and Security Agreement","agreement_type":"credit_facility","counterparty":"Silicon Valley Bank","effective_date":"2024-01-04","item_codes_triggered":["1.02"],"value_text":null},"claim":"AEHR TEST SYSTEMS terminated Loan and Security Agreement with Silicon Valley Bank (effective 2024-01-04).","evidence_excerpt":"Effective January 4, 2024, Aehr Test Systems (the “Company”) terminated the Loan and Security Agreement (the “Loan Agreement”) dated as of January 13, 2020 with Silicon Valley Bank (the \"Lender\")","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-24-000428","anchor_url":"https://secwatch.observer/filing/0001654954-24-000428#claim-66c52d61b217ad150106088987399c6adbcf71a8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495424000428/0001654954-24-000428-index.htm"},{"fact_type":"earnings_release","fact_key":"0f01478b20ccb44cf9d0617655bbbe70e90ff353","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2024-01-09T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"unknown","item_codes_triggered":["2.02"],"net_income_text":"between 20% and 25% of revenue","period_text":"full-year fiscal 2024","report_date":"2024-01-09","result_type":"guidance_update","revenue_text":"between $75 million and $85 million"},"claim":"AEHR TEST SYSTEMS reported full-year fiscal 2024 results: revenue between $75 million and $85 million, net income between 20% and 25% of revenue.","evidence_excerpt":"Aehr Reports Strong Revenue and Earnings Growth for the Second Quarter and First Six Months of Fiscal 2024 Revises full-year fiscal 2024 guidance for revenue to be between $75 million and $85 million, and GAAP net income of between 20% and 25% of revenue","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-24-000372","anchor_url":"https://secwatch.observer/filing/0001654954-24-000372#claim-0f01478b20ccb44cf9d0617655bbbe70e90ff353","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495424000372/0001654954-24-000372-index.htm"},{"fact_type":"earnings_release","fact_key":"56a8280c0284dd865a24aa7e7637c76ccfee47ab","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2024-01-09T23:59:59+00:00","payload":{"eps_text":"$0.36 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"GAAP net income was $10.8 million","period_text":"first six months of fiscal 2024 ended November 30, 2023","report_date":"2024-01-09","result_type":"reported_results","revenue_text":"Net revenue was $42.1 million"},"claim":"AEHR TEST SYSTEMS reported first six months of fiscal 2024 ended November 30, 2023 results: revenue Net revenue was $42.1 million, net income GAAP net income was $10.8 million, EPS $0.36 per diluted share.","evidence_excerpt":"Fiscal First Six Months Financial Results: · Net revenue was $42.1 million, up 65% from $25.5 million in the first six months of fiscal 2023. · GAAP net income was $10.8 million, or $0.36 per diluted share, up 149% compared to GAAP net income of $4.3 million, or $0.15 per diluted share, in the first six months of fiscal 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-24-000372","anchor_url":"https://secwatch.observer/filing/0001654954-24-000372#claim-56a8280c0284dd865a24aa7e7637c76ccfee47ab","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495424000372/0001654954-24-000372-index.htm"},{"fact_type":"earnings_release","fact_key":"738ff1f2d5a66b67af101298cb44db4392e909f4","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2024-01-09T23:59:59+00:00","payload":{"eps_text":"$0.20 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"GAAP net income was $6.1 million","period_text":"second quarter of fiscal 2024 ended November 30, 2023","report_date":"2024-01-09","result_type":"reported_results","revenue_text":"Net revenue was $21.4 million"},"claim":"AEHR TEST SYSTEMS reported second quarter of fiscal 2024 ended November 30, 2023 results: revenue Net revenue was $21.4 million, net income GAAP net income was $6.1 million, EPS $0.20 per diluted share.","evidence_excerpt":"Fiscal Second Quarter Financial Results: · Net revenue was $21.4 million, up 45% from $14.8 million in the second quarter of fiscal 2023. · GAAP net income was $6.1 million, or $0.20 per diluted share, up 63% from GAAP net income of $3.7 million, or $0.13 per diluted share, in the second quarter of fiscal 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-24-000372","anchor_url":"https://secwatch.observer/filing/0001654954-24-000372#claim-738ff1f2d5a66b67af101298cb44db4392e909f4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495424000372/0001654954-24-000372-index.htm"},{"fact_type":"shareholder_vote","fact_key":"310f49e69f6e1bddb26b68ec0c0ddc82b5a63733","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-10-25T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-10-23","outcome":"passed","proposal_text":"Approve, on an advisory basis, the compensation of the Company's named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"6,177,835","subject":null,"votes_abstain":"88,140","votes_against":"1,172,122","votes_for":"13,520,292","votes_withheld":null}]},"claim":"AEHR TEST SYSTEMS shareholders approved Approve, on an advisory basis, the compensation of the Company's named executive officers at the 2023-10-23 meeting.","evidence_excerpt":"Proposal Four: Approve, on an advisory basis, the compensation of the Company’s named executive officers. VOTES VOTES VOTES BROKER PROPOSAL FOR AGAINST ABSTAIN NON-VOTES FOUR 13,520,292 1,172,122 88,140 6,177,835 The foregoing proposal was approved.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-013387","anchor_url":"https://secwatch.observer/filing/0001654954-23-013387#claim-310f49e69f6e1bddb26b68ec0c0ddc82b5a63733","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423013387/0001654954-23-013387-index.htm"},{"fact_type":"shareholder_vote","fact_key":"be78f5aa3238d4c7861909d2eccd26b97b5d36dc","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-10-25T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-10-23","outcome":"passed","proposal_text":"Ratify the selection of BPM LLP as the Company's independent registered public accounting firm for the fiscal year ending May 31, 2024","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"-","subject":null,"votes_abstain":"24,189","votes_against":"51,499","votes_for":"20,882,701","votes_withheld":null}]},"claim":"AEHR TEST SYSTEMS shareholders approved Ratify the selection of BPM LLP as the Company's independent registered public accounting firm for the fiscal year ending May 31, 2024 at the 2023-10-23 meeting.","evidence_excerpt":"Proposal Three: Ratify the selection of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending May 31, 2024. VOTES VOTES VOTES BROKER PROPOSAL FOR AGAINST ABSTAIN NON-VOTES THREE 20,882,701 51,499 24,189 - The foregoing proposal was accordingly ratified.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-013387","anchor_url":"https://secwatch.observer/filing/0001654954-23-013387#claim-be78f5aa3238d4c7861909d2eccd26b97b5d36dc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423013387/0001654954-23-013387-index.htm"},{"fact_type":"shareholder_vote","fact_key":"1f52a3e863df40a89688c796b63e56ce597a323b","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-10-25T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-10-23","outcome":"passed","proposal_text":"Approve the adoption of the Company's 2023 Equity Incentive Plan to replace the Company's 2016 Equity Incentive Plan and provide a reserve for issuance of 1,500,000 shares of common stock of the Company","proposal_type":"equity_plan","results":[{"broker_non_votes":"6,177,835","subject":null,"votes_abstain":"1,241,124","votes_against":"996,473","votes_for":"12,542,957","votes_withheld":null}]},"claim":"AEHR TEST SYSTEMS shareholders approved Approve the adoption of the Company's 2023 Equity Incentive Plan to replace the Company's 2016 Equity Incentive Plan and provide a reserve for issuance of 1,500,000 shares of common stock of the Company at the 2023-10-23 meeting.","evidence_excerpt":"Proposal Two: Approve the adoption of the Company’s 2023 Equity Incentive Plan to replace the Company’s 2016 Equity Incentive Plan and provide a reserve for issuance of 1,500,000 shares of common stock of the Company. VOTES VOTES VOTES BROKER PROPOSAL FOR AGAINST ABSTAIN NON-VOTES TWO 12,542,957 996,473 1,241,124 6,177,835 The foregoing proposal was approved.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-013387","anchor_url":"https://secwatch.observer/filing/0001654954-23-013387#claim-1f52a3e863df40a89688c796b63e56ce597a323b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423013387/0001654954-23-013387-index.htm"},{"fact_type":"shareholder_vote","fact_key":"366673174300ed9f59bf844d9e6288fa27b87360","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-10-25T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-10-23","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"6,177,835","subject":"Rhea J. Posedel","votes_abstain":null,"votes_against":null,"votes_for":"9,001,500","votes_withheld":"5,779,054"},{"broker_non_votes":"6,177,835","subject":"Gayn Erickson","votes_abstain":null,"votes_against":null,"votes_for":"14,713,089","votes_withheld":"67,465"},{"broker_non_votes":"6,177,835","subject":"Fariba Danesh","votes_abstain":null,"votes_against":null,"votes_for":"14,554,341","votes_withheld":"226,213"},{"broker_non_votes":"6,177,835","subject":"Laura Oliphant","votes_abstain":null,"votes_against":null,"votes_for":"13,636,198","votes_withheld":"1,144,356"},{"broker_non_votes":"6,177,835","subject":"Geoffrey G. Scott","votes_abstain":null,"votes_against":null,"votes_for":"14,179,262","votes_withheld":"601,292"},{"broker_non_votes":"6,177,835","subject":"Howard T. Slayen","votes_abstain":null,"votes_against":null,"votes_for":"14,259,600","votes_withheld":"520,954"}]},"claim":"AEHR TEST SYSTEMS shareholders approved Election of Directors at the 2023-10-23 meeting.","evidence_excerpt":"Proposal One: Election of Directors of the Company. VOTES VOTES BROKER NOMINEE FOR WITHHELD NON-VOTES Rhea J. Posedel 9,001,500 5,779,054 6,177,835 Gayn Erickson 14,713,089 67,465 6,177,835 Fariba Danesh 14,554,341 226,213 6,177,835 Laura Oliphant 13,636,198 1,144,356 6,177,835 Geoffrey G. Scott 14,179,262 601,292 6,177,835 Howard T. Slayen 14,259,600 520,954 6,177,835 Each of the six nominees was elected to serve as a director until the next Annual Meeting or until his or her successor is elected and qualified.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-013387","anchor_url":"https://secwatch.observer/filing/0001654954-23-013387#claim-366673174300ed9f59bf844d9e6288fa27b87360","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423013387/0001654954-23-013387-index.htm"},{"fact_type":"earnings_release","fact_key":"40e38235a25f498b40782d488dd59ca6f13d0b3c","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-10-05T23:59:59+00:00","payload":{"eps_text":"$0.16 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"GAAP net income was $4.7 million","period_text":"first quarter of fiscal 2024 ended August 31, 2023","report_date":"2023-10-05","result_type":"reported_results","revenue_text":"Net revenue was $20.6 million"},"claim":"AEHR TEST SYSTEMS reported first quarter of fiscal 2024 ended August 31, 2023 results: revenue Net revenue was $20.6 million, net income GAAP net income was $4.7 million, EPS $0.16 per diluted share.","evidence_excerpt":"burn-in equipment, today announced financial results for its first quarter of fiscal 2024 ended August 31, 2023. Fiscal First Quarter Financial Results: · Net revenue was $20.6 million, up 93% from $10.7 million in the first quarter of fiscal 2023. · GAAP net income was $4.7 million, or $0.16 per diluted share, up from GAAP net income of $589,000, or $0.02 per","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-012655","anchor_url":"https://secwatch.observer/filing/0001654954-23-012655#claim-40e38235a25f498b40782d488dd59ca6f13d0b3c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423012655/0001654954-23-012655-index.htm"},{"fact_type":"executive_change","fact_key":"4072b4983e","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-07-17T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2023-05-31","interim":false,"role":"Chief Technology Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"David S. Hendrickson retired as Chief Technology Officer at AEHR TEST SYSTEMS.","evidence_excerpt":"Mr. David S. Hendrickson retired as an officer of the Company on May 31, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001654954-23-009282","anchor_url":"https://secwatch.observer/filing/0001654954-23-009282#claim-4072b4983e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423009282/0001654954-23-009282-index.htm"},{"fact_type":"earnings_release","fact_key":"88808e6035d6df08efe66e62c0771a3b46cdeba7","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-07-13T23:59:59+00:00","payload":{"eps_text":"$0.50 per diluted share","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"$14.6 million","period_text":"the fiscal year ended May 31, 2023","report_date":"2023-07-13","result_type":"reported_results","revenue_text":"$65.0 million"},"claim":"AEHR TEST SYSTEMS reported the fiscal year ended May 31, 2023 results: revenue $65.0 million, net income $14.6 million, EPS $0.50 per diluted share. Guidance initiated.","evidence_excerpt":"Net sales were a record $65.0 million, up 28% from $50.8 million in fiscal 2022. · GAAP net income was a record $14.6 million, or $0.50 per diluted share, up 54% from GAAP net income of $9.5 million, or $0.34 per diluted share, in fiscal 2022.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-009130","anchor_url":"https://secwatch.observer/filing/0001654954-23-009130#claim-88808e6035d6df08efe66e62c0771a3b46cdeba7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423009130/0001654954-23-009130-index.htm"},{"fact_type":"earnings_release","fact_key":"781f1a39586f55b5bdcef41192e513eecf672036","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-07-13T23:59:59+00:00","payload":{"eps_text":"$0.21 per diluted share","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"$6.1 million","period_text":"the fourth quarter ended May 31, 2023","report_date":"2023-07-13","result_type":"reported_results","revenue_text":"$22.3 million"},"claim":"AEHR TEST SYSTEMS reported the fourth quarter ended May 31, 2023 results: revenue $22.3 million, net income $6.1 million, EPS $0.21 per diluted share. Guidance initiated.","evidence_excerpt":"Net sales were a record $22.3 million, up from $20.3 million in the fourth quarter of fiscal 2022. · GAAP net income was a record $6.1 million, or $0.21 per diluted share, up from GAAP net income of $5.8 million, or $0.20 per diluted share, in the fourth quarter of fiscal 2022.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-009130","anchor_url":"https://secwatch.observer/filing/0001654954-23-009130#claim-781f1a39586f55b5bdcef41192e513eecf672036","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423009130/0001654954-23-009130-index.htm"},{"fact_type":"executive_change","fact_key":"6309798613","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-05-31T23:59:59+00:00","payload":{"action":"retiring","action_category":"departure","departure_tone":"retirement","effective_date":"2023-08-31","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":"Chris Siu","successor_named":true},"claim":"Kenneth B. Spink departed as Chief Financial Officer at AEHR TEST SYSTEMS.","evidence_excerpt":"Mr. Siu will replace Kenneth B. Spink who will remain through his retirement on August 31, 2023 to assist in the transition.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-007424","anchor_url":"https://secwatch.observer/filing/0001654954-23-007424#claim-6309798613","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423007424/0001654954-23-007424-index.htm"},{"fact_type":"executive_change","fact_key":"bb588a7170","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-05-31T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-06-01","interim":false,"role":"Executive Vice President of Finance, Chief Financial Officer and Secretary","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Chris Siu was appointed as Executive Vice President of Finance, Chief Financial Officer and Secretary at AEHR TEST SYSTEMS.","evidence_excerpt":"On May 8, 2023, the Board of Directors (the \"Board\") of Aehr Test Systems (the \"Company\") appointed Chris Siu as the Company's Executive Vice President of Finance, Chief Financial Officer and Secretary, effective upon his hire date of June 1, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001654954-23-007424","anchor_url":"https://secwatch.observer/filing/0001654954-23-007424#claim-bb588a7170","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423007424/0001654954-23-007424-index.htm"},{"fact_type":"executive_change","fact_key":"d5b2eabf55","cik":1040470,"ticker":"AEHR","company_name":"AEHR TEST SYSTEMS","filed_at":"2023-05-31T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2023-05-31","interim":false,"role":"Chief Technology Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"David S. Hendrickson retired as Chief Technology Officer at AEHR TEST SYSTEMS.","evidence_excerpt":"On May 31, 2023, David S. Hendrickson, the Company’s Chief Technology Officer, retired from the Company.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001654954-23-007423","anchor_url":"https://secwatch.observer/filing/0001654954-23-007423#claim-d5b2eabf55","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495423007423/0001654954-23-007423-index.htm"}]}