Aehr Test Systems, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-7.1M | $-3.9M | $33.2M | $14.6M | $9.5M | $-2.0M | $-2.8M | $-5.2M |
| Depreciation & Amortization | $2.8M | $2.3M | $657.0K | $450.0K | $356.0K | $328.0K | $384.0K | $431.0K |
| Depreciation | $1.5M | $1.0M | $700.0K | $500.0K | $400.0K | $310.0K | $384.0K | $431.0K |
| Amortization | $1.2M | $1.2M | — | — | — | — | — | — |
| Stock-Based Compensation | $6.8M | $5.2M | $2.5M | $2.7M | $3.0M | $1.1M | $910.0K | $905.0K |
| Net Cash from Operating Activities | $-3.3M | $-7.4M | $1.8M | $10.0M | $1.5M | $-2.7M | $-2.0M | $-5.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.1M | $5.0M | $749.0K | $1.4M | $416.0K | $227.0K | $163.0K | $173.0K |
| Business Acquisitions | $1.8M | $11.1M | $0 | $0 | — | — | — | — |
| Net Cash from Investing Activities | $-3.9M | $-16.1M | $17.3M | $-18.7M | $-416.0K | $-227.0K | $-163.0K | $-173.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $97.2M | $625.0K | $139.0K | $7.3M | $25.8M | $2.0M | $2.2M | $-5.6M |
| Net Change in Cash | $90.0M | $-22.8M | $19.1M | $-1.4M | $26.9M | $-851.0K | $5.0K | $-11.4M |
| Free Cash Flow | $-5.4M | $-12.4M | $1.0M | $8.6M | $1.1M | $-2.9M | $-2.2M | $-5.8M |