GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Aehr Test Systems Reports Operating Results (10-Q)

January 13, 2011 | About:
10qk

10qk

18 followers
Aehr Test Systems (AEHR) filed Quarterly Report for the period ended 2010-11-30.

Aehr Test Sys has a market cap of $11.9 million; its shares were traded at around $1.32 with and P/S ratio of 1. AEHR is in the portfolios of Jim Simons of Renaissance Technologies LLC.

Highlight of Business Operations:

Cost of sales . . . . . . . . . . . . . . . $ 28 $118 $ 60 $ 169

Selling, general and administrative . . . . 122 437 265 588

Research and development . . . . . . . . . . 88 225 187 328

- - - -

Total stock-based compensation . . . . . . . $238 $780 $512 $1,085

= = = =



Three months ended Six Months Ended

November 30, November 30,

- -

2010 2009 2010 2009

- - - -



Option Plan Shares

Expected Term (in years).................... 5 5 5 5

Volatility.................................. 0.79 0.79 0.80 0.78

Expected Dividend........................... $0.00 $0.00 $0.00 $0.00

Risk-free Interest Rates.................... 1.34% 2.41% 1.72% 2.53%

Estimated Forfeiture Rate................... 0.25% 0.25% 0.25% 0.25%

Weighted Average Grant Date Fair Value...... $0.84 $0.92 $1.20 $0.56



$0.85-$0.85 490 3.58 $0.85 353 $0.85 3.58

$1.29-$2.81 897 3.67 $2.12 345 $2.37 2.66

$2.84-$5.96 438 1.23 $4.64 409 $4.54 1.20

$6.00-$9.30 241 2.15 $7.69 226 $7.74 2.17

$9.94-$9.94 124 2.56 $9.94 76 $9.94 2.56

- -

$0.85-$9.94 2,190 2.93 $3.40 1,409 $3.89 2.38 $28

= =



Basic net loss per share................... $(0.09) $ (0.25) $ (0.26) $ (0.14)

= = = =

Diluted net loss per share................. $(0.09) $ (0.25) $ (0.26) $ (0.14)

= = = =



Balance as of

November 30, 2010 Level 1 Level 2

- - -



Money market funds.............. $3,046 $3,046 $ -

- - -

Assets.......................... $3,046 $3,046 $ -

= = =

Liabilities..................... $ - $ - $ -

= = =



Three Months Ended Six Months Ended

November 30, November 30,

- -

2010 2009 2010 2009

- - - -



Net loss................................ $(767) $(2,158) $(2,283) $(1,197)

Foreign currency translation adjustments (5) 55 (10) 73

- - - -

Comprehensive loss ..................... $(772) $(2,103) $(2,293) $(1,124)

= = = =



Read the The complete Report

About the author:

10qk
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 3.5/5 (2 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK