Aehr Test Systems Reports Record Bookings in First Quarter of Fiscal 2022; Raises Annual Guidance Approximately 80% on Strength of Semiconductor Test and Burn-in Sales for Electric Vehicles
Aehr Test Systems Reports Record Bookings in First Quarter of Fiscal 2022; Raises Annual Guidance Approximately 80% on Strength of Semiconductor Test and Burn-in Sales for Electric Vehicles
FREMONT, Calif., Sept. 23, 2021 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its first quarter of fiscal 2022 ended August 31, 2021. The Company also raised its revenue guidance for fiscal 2022 by approximately 80% to at least $50 million.
加利福尼亞州弗裏蒙特,9月全球半導體測試和可靠性鑑定設備供應商Aehr Test Systems(納斯達克股票代碼:AEHR)今天公佈了截至2021年8月31日的2022財年第一季度財務業績。該公司還將2022財年的收入指引提高了約80%,達到至少5000萬美元。
Fiscal First Quarter Financial Results:
第一財季財務業績:
Net sales were $5.6 million, up 181% from $2.0 million in the first quarter of fiscal 2021.
GAAP net income was $696,000, or $0.03 per diluted share, which includes the impact of forgiveness of $1.7 million in loans from the Paycheck Protection Program ("PPP") it received in fiscal 2020. This compares to GAAP net income of $107,000, or $0.00 per diluted share, in the first quarter of fiscal 2021, which includes the impact of a gain of $2.4 million related to the closure of Aehr's Japan subsidiary during the quarter.
Non-GAAP net loss was $414,000, or $0.02 per diluted share, which excludes the impact of stock-based compensation and forgiveness of the PPP loan. This compares to non-GAAP net loss of $2.0 million, or $0.09 per diluted share, in the first quarter of fiscal 2021, which excludes the impact of stock-based compensation, and the non-cash net gain related to the closure of Aehr's Japan subsidiary.
Backlog as of August 31, 2021 was $16.6 million, up from $1.6 million as of May 31, 2021. Effective backlog, which includes all orders announced since the end of the first quarter, is over $36 million.
淨銷售額為560萬美元,比2021財年第一季度的200萬美元增長181%。
GAAP淨收入為696,000美元,或每股稀釋後收益0.03美元,其中包括2020財年從Paycheck Protection Program(“PPP”)獲得的170萬美元貸款被原諒的影響。相比之下,2021會計年度第一季度的GAAP淨收益為10.7萬美元,或每股稀釋後收益0.00美元,其中包括該季度關閉Aehr日本子公司帶來的240萬美元收益的影響。
非GAAP淨虧損為41.4萬美元,或每股稀釋後虧損0.02美元,這不包括基於股票的補償和PPP貸款豁免的影響。相比之下,2021財年第一季度非GAAP淨虧損200萬美元,或每股稀釋後虧損0.09美元,其中不包括基於股票的薪酬的影響,以及與關閉Aehr日本子公司相關的非現金淨收益。
截至2021年8月31日的積壓訂單為1660萬美元,高於截至2021年5月31日的160萬美元。有效積壓的訂單(包括自第一季度末以來宣佈的所有訂單)超過3600萬美元。
An explanation of the use of non-GAAP financial measures and a reconciliation of Aehr's non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the accompanying tables.
有關使用非GAAP財務衡量標準的説明,以及Aehr的非GAAP財務衡量標準與最直接可比的GAAP財務衡量標準的對賬情況,請參閲所附表格。
Gayn Erickson, President and CEO of Aehr Test Systems, commented:
Aehr Test Systems總裁兼首席執行官蓋恩·埃裏克森(Gayn Erickson)評論道:
"We are off to a strong start for fiscal 2022, finishing the first quarter with record bookings for a single quarter of $20.7 million. Since the end of the quarter, we have announced an additional $19.4 million in bookings, bringing our total bookings for the fiscal year to over $40 million as of today's date.
我們2022財年開局強勁,第一季度的預訂量達到創紀錄的2070萬美元。自季度末以來,我們宣佈了額外的1940萬美元的預訂量,使我們本財年的總預訂量到今天為止超過了4000萬美元。
"Our strong bookings include several sizable orders received over the past few months from our lead silicon carbide test and burn-in customer for our FOX-XP™ systems and WaferPak™ Contactors to support testing of silicon carbide power devices for electric vehicles. Each of these silicon carbide-focused FOX-XP systems is configured to test eighteen silicon carbide wafers in parallel in the footprint of a typical single wafer test solution, while contacting and testing 100% of the devices in parallel on each wafer. This Fortune 500 customer is a major automotive semiconductor supplier, and we continue to work closely with them to achieve their test and burn-in requirements and capacity needs. They continue to forecast orders for additional FOX systems and WaferPaks this fiscal year and a significant number of systems and WaferPaks over the next several years driven by electric vehicle semiconductor test and burn-in demand.
我們的強勁訂單包括過去幾個月從我們的領先碳化硅測試和老化客户那裏收到的幾份相當大的訂單,訂購我們的福克斯-XP™系統和WaferPak™接觸器,以支持電動汽車用碳化硅動力設備的測試。這些專注於碳化硅的FOX-XP系統中的每一個都被配置為在典型的單個晶片測試解決方案的佔地面積內並行測試18個碳化硅晶片,同時100%地接觸和測試每個晶片上的所有器件。這家財富500強客户是一家主要的汽車半導體供應商,我們將繼續與他們密切合作,以滿足他們的測試和老化要求以及產能需求。在電動汽車半導體測試和老化需求的推動下,他們繼續預測本財年對更多福克斯系統和WaferPak的訂單,以及未來幾年大量系統和WaferPak的訂單。
"In addition to this large opportunity with our lead silicon carbide customer, we are currently in detailed discussions with multiple other major silicon carbide suppliers regarding their wafer level test and burn-in needs. We believe we will add several new silicon carbide customers over the next 18 months that will ramp into production on our solutions.
除了與我們的主要碳化硅客户的這一巨大機會外,我們目前正在與其他多家主要碳化硅供應商就他們的晶片級測試和老化需求進行詳細討論。我們相信,在未來18個月內,我們將增加幾個新的碳化硅客户,這些客户將利用我們的解決方案逐步投產。
"We are seeing very strong demand across the industry for wafer level burn-in of silicon carbide devices and continue to ramp our FOX multi-wafer test and burn-in systems and full wafer WaferPaks to meet this silicon carbide market opportunity which we believe is only just beginning. We believe silicon carbide power semiconductors have emerged as the preferred technology for the electric power conversion and control of the electric engines in what are called traction inverters as well as the on-board electric vehicle battery chargers.
我們看到整個行業對碳化硅設備晶片級老化的需求非常旺盛,並繼續加大我們的福克斯多晶片測試和老化系統以及全晶片封裝,以滿足這個我們認為才剛剛開始的碳化硅市場機會。我們相信,碳化硅功率半導體已經成為電力轉換和控制電動發動機(即所謂的牽引逆變器)以及車載電動汽車電池充電器的首選技術。
"The silicon carbide power semiconductor device market is expected to increase over 500% between 2020 and 2026, growing at a compound average growth rate ("CAGR") of 36% to $4.5 billion, according to Yole Research's latest forecast. And a report from Deloitte forecasts that the total electric vehicle industry will likely grow at a CAGR of 29% from 2020 to 2025, before reaching 31.1 million vehicles by 2030 and securing approximately 32% of the total market share for new car sales. Market research firm Exawatt (exa-watt.com) estimates that the total market for silicon carbide wafers for power semiconductors for electric vehicles in 2021 will be 133,000 150mm equivalent wafers and the total market will exceed 1.23 million 150 mm equivalent wafers in 2030. These stats highlight the tremendous opportunity Aehr Test has in front of it with its wafer level test and burn-in solution for electric vehicle semiconductors.
根據Yole Research的最新預測,2020年至2026年,碳化硅電力半導體器件市場預計將增長500%以上,複合平均增長率(CAGR)為36%,達到45億美元。德勤(Deloitte)的一份報告預測,從2020年到2025年,電動汽車行業總量可能會以29%的複合年增長率增長,到2030年將達到3110萬輛,並獲得新車銷售總市場份額的約32%。市場研究公司Exawatt(exa-watt.com)估計,2021年電動汽車用功率半導體碳化硅晶圓的總市場將為13.3萬片150 mm當量晶圓,2030年總市場將超過123萬片150 mm當量晶圓。這些數據突顯了Aehr Test在其面向電動汽車半導體的晶片級測試和老化解決方案方面所面臨的巨大機遇。
"In addition to the devices in the electric vehicles, the energy infrastructure market that includes charging stations, wind farms, and solar panels in both solar farms and for individual homes and businesses all are markets that are consuming more silicon carbide devices than electric vehicles today and are growing at a rapid rate over the next decade. We believe it is very clear that this infrastructure is going to need to grow to support the electric vehicle demand. Many countries including the United States are putting in place government subsidies and infrastructure for these charging stations, wind farms, and solar farms to be installed to support a greener, more sustainable, and reduced carbon emission world.
“除了電動汽車中的設備,能源基礎設施市場,包括太陽能發電場、風力發電場和太陽能電池板,以及個人家庭和企業,都是當今消費碳化硅設備超過電動汽車的市場,並在未來十年以快速的速度增長。我們認為,很明顯,這種基礎設施將需要增長來支持電動汽車的需求。包括美國在內的許多國家正在為這些充電站、風力發電場和太陽能發電場建立政府補貼和基礎設施,以支持更綠色、更環保、更多的太陽能發電場的安裝。我們認為,這一基礎設施需要增長以支持電動汽車的需求。包括美國在內的許多國家正在為這些充電站、風力發電場和太陽能發電場建立政府補貼和基礎設施,這些充電站、風力發電場和太陽能發電場將被安裝,以支持更綠色、更多的
"Our FOX family of products are cost-effective solutions for ensuring the critical quality and reliability of devices in these markets, and we anticipate that wafer level test and burn-in will become the industry standard for quality and reliability screening of silicon carbide devices. With the most cost-effective solution in the market to address this opportunity, we believe that Aehr has the chance to achieve a significant market share.
我們的福克斯系列產品是在這些市場上確保設備關鍵質量和可靠性的高性價比解決方案,我們預計晶片級測試和老化將成為碳化硅設備質量和可靠性篩選的行業標準。有了市場上最具成本效益的解決方案來應對這一機遇,我們相信Aehr有機會獲得巨大的市場份額。
"In addition to our success in the silicon carbide applications, we continue to see signs of strengthening in the silicon photonics test and burn-in market. During this quarter we received and shipped our first order in China for our FOX solution for production test of silicon photonics devices, expanding our customer base for silicon photonics with this new customer that serves international as well as China markets.
除了我們在碳化硅應用方面的成功之外,我們繼續看到硅光電子測試和老化市場的增強跡象。在本季度,我們在中國收到併發運了我們用於硅光電子設備生產測試的福克斯解決方案的第一份訂單,通過這個服務於國際和中國市場的新客户,擴大了我們的硅光電子客户基礎。
"Several other customers addressing the silicon photonics market have also forecast additional system and contactor capacity needs this fiscal year. These include needs to address incremental production capacity as well as capacity to address new customer and new product qualification and engineering. Silicon photonics devices address the 5G and data center infrastructure industry as well as several other key markets, and Yole Research predicts that the silicon photonics market will grow at a 36% CAGR from 2020 to 2025.
“其他幾家面向硅光電子市場的客户也預測了本財年對系統和接觸器產能的額外需求。這些需求包括解決新增產能的需求,以及滿足新客户和新產品資格和工程需求的需求。硅光電子設備面向5G和數據中心基礎設施行業以及其他幾個關鍵市場。Yole Research預測,從2020年到2025年,硅光電子市場將以36%的複合年增長率增長。
"Our customers are using our FOX wafer level solutions for 100% test and burn-in rather than just sampling of their integrated silicon photonics devices, and we currently have five silicon photonics customers that are shipping products to their customers using our FOX solution. We see a significant opportunity for growth as we expand within these customers and add additional new silicon photonics customers.
我們的客户正在使用我們的福克斯晶片級解決方案進行100%的測試和老化,而不僅僅是對他們的集成硅光電子設備進行取樣。目前,我們有5個硅光電子客户正在使用我們的福克斯解決方案向他們的客户發運產品。隨着我們在這些客户中的擴張和增加更多的新硅光電子客户,我們看到了一個重要的增長機會。
"We also continue with multiple programs using our FOX systems for production test and burn-in of new applications for 2D/3D sensors for mobile devices. We expect to see meaningful bookings and revenue from these programs this fiscal year and continue to be optimistic about this market space.
我們還繼續使用我們的福克斯系統進行多個項目,用於生產測試和老化用於移動設備的2D/3D傳感器的新應用。我們預計本財年這些項目將獲得有意義的預訂量和收入,並繼續對這一市場空間持樂觀態度。
"As we discussed and anticipated last year during the beginning of the COVID-19 pandemic, we have emerged a stronger company, with more production customers, more markets and applications, and higher value products than we had before the start of the pandemic. With our record bookings and the strength of our semiconductor test and burn-in solutions as well as the positive response we are getting from multiple new potential customers in the silicon carbide space, we are confident in our growth and are raising our guidance for revenue for the year."
“正如我們去年在新冠肺炎疫情爆發期間所討論和預期的那樣,我們已經成為一家更強大的公司,擁有比疫情爆發前更多的生產客户、更多的市場和應用,以及更高價值的產品。憑藉我們創紀錄的預訂量和我們半導體測試和老化解決方案的實力,以及我們從碳化硅領域多個新的潛在客户那裏獲得的積極迴應,我們對我們的增長充滿信心,並正在提高我們對今年收入的指引。”
Fiscal 2022 Financial Guidance:
2022財年財務指導:
For the fiscal year ending May 31, 2022, Aehr is raising its previously provided guidance for full year total revenue of greater than $28 million by approximately 80% to at least $50 million, which is over three times the previous fiscal year's revenue. The Company expects to be profitable for the fiscal year at these revenue levels based upon its operating model.
在截至2022年5月31日的財年,Aehr將把之前提供的全年總收入超過2800萬美元的指引提高約80%,達到至少5000萬美元,這是上一財年收入的三倍多。根據其運營模式,該公司預計本會計年度將在這些收入水平上實現盈利。
Management Conference Call and Webcast
管理電話會議和網絡廣播
Aehr Test Systems will host a conference call and webcast today at 5:00 p.m. Eastern (2:00 p.m. PT) to discuss its fiscal 2022 first quarter operating results. To access the live call, dial 800-437-2398 (US and Canada) or +1 323-289-6576 (International) and give the participant passcode 5352296. In addition, a live and archived webcast of the conference call will be available over the Internet at www.aehr.com in the Investor Relations section and at the following link https://edge.media-server.com/mmc/p/vc27gd8n. A replay of the conference call will also be available via telephone beginning approximately two hours after conclusion of the call through 8:00 p.m. ET on September 30, 2021. To access the replay dial-in information, please click here.
Aehr測試系統公司將於今天下午5點主持電話會議和網絡直播。東部時間(下午2:00)(PT:行情)討論其2022財年第一季度運營業績.要收聽現場通話,請撥打8004372398(美國和加拿大)或+1323 2896576(國際),並提供參與者密碼5352296。此外,電話會議的網絡實況轉播將在因特網上投資者關係部的www.aehr.com網站上進行,並可通過以下鏈接https://edge.media-server.com/mmc/p/vc27gd8n.收看:http://www.aehr.com/www.aehr.com/www.aehr.com.電話會議的重播也將通過電話進行,從電話會議結束後大約兩個小時開始,一直持續到晚上8點。美國東部時間2021年9月30日。要訪問重播撥入信息,請單擊此處。
About Aehr Test Systems
關於Aehr測試系統
Headquartered in Fremont, California, Aehr Test Systems is a worldwide provider of test systems for burning-in and testing logic, optical and memory integrated circuits and has installed over 2,500 systems worldwide. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr Test products in package, wafer level, and singulated die/module level test. Aehr Test has developed and introduced several innovative products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The ABTS system is used in production and qualification testing of packaged parts for both lower power and higher power logic devices as well as all common types of memory devices. The FOX-XP and FOX-NP systems are full wafer contact and singulated die/module test and burn-in systems used for burn-in and functional test of complex devices, such as leading-edge memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices. The FOX-CP system is a new low-cost single-wafer compact test and reliability verification solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The WaferPak Contactor contains a unique full wafer probe card capable of testing wafers up to 300mm that enables IC manufacturers to perform test and burn-in of full wafers on Aehr Test FOX systems. The DiePak Carrier is a reusable, temporary package that enables IC manufacturers to perform cost-effective final test and burn-in of both bare die and modules. For more information, please visit Aehr Test Systems' website at www.aehr.com.
Aehr測試系統公司總部設在加利福尼亞州弗裏蒙特,是一家用於老化和測試邏輯、光學和存儲器集成電路的測試系統的全球供應商,目前已在全球安裝了2500多套系統。汽車和移動集成電路市場日益增長的質量和可靠性需求推動了額外的測試需求、增量容量需求,以及封裝、晶片級和單芯片/模塊級測試中Aehr測試產品的新機遇。Aehr Test已經開發並推出了幾種創新產品,包括ABTSTM和福克斯-PTM測試和老化系統系列以及福克斯晶圓包(Fox WaferPak)TMAligner、Fox-XP WaferPak接觸器、Fox DiePak®開利和福克斯DiePak裝載機。ABTS系統用於低功率和高功率邏輯器件以及所有常見類型的存儲器件的封裝部件的生產和合格測試。FOX-XP和FOX-NP系統是全晶片接觸和單芯片/模塊測試和老化系統,用於複雜設備的老化和功能測試,如前沿存儲器、數字信號處理器、微處理器、微控制器、片上系統和集成光學設備。FOX-CP系統是針對邏輯、存儲器和光子設備的新型低成本單晶片緊湊型測試和可靠性驗證解決方案,也是FOX-P產品系列的最新成員。WaferPak接觸器包含獨特的全晶圓探針卡,能夠測試最大300 mm的晶圓,使IC製造商能夠在Aehr Test Fox系統上對全晶圓進行測試和老化。DiePak Carrier是一種可重複使用的臨時封裝,使IC製造商能夠經濟高效地對裸芯和模塊進行最終測試和老化。欲瞭解更多信息,請訪問Aehr測試系統公司的網站:www.aehr.com。
Safe Harbor Statement
安全港聲明
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or Aehr's future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "going to," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "sees," or "continue," or the negative of these words or other similar terms or expressions that concern Aehr's expectations, strategy, priorities, plans, or intentions. Forward-looking statements in this press release include, but are not limited to, Aehr's ability to generate bookings and revenue increases in the future, including the first quarter of fiscal 2022; future requirements and orders of Aehr's new and existing customers; bookings forecasted for proprietary WaferPakTM and DiePak consumables across multiple market segments; the temporary nature of customer pushouts; shipping timelines for products and follow-on capacity orders; the growth of Aehr's systems and consumables, including as a percentage of total sales; financial guidance for fiscal 2022, including related to revenue and profitability, and expectations regarding fiscal 2022; Aehr's ability to expand its number of customers using its FOX-PTM solutions; the ability to secure potential customer engagements; expectations related to long-term demand for Aehr's productions and the attractiveness of key markets; the belief that Aehr will be stronger after the current worldwide COVID-19 pandemic, including expectations related to greater production, more customers, more applications, and higher value products. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Aehr's recent 10-K, 10-Q and other reports filed from time to time with the Securities and Exchange Commission. Aehr disclaims any obligation to update information contained in any forward-looking statement to reflect events or circumstances occurring after the date of this press release.
本新聞稿包含1933年“證券法”第27A節和1934年“證券交易法”第21E節所指的某些前瞻性陳述。前瞻性陳述一般與未來事件或Aehr未來的財務或經營業績有關。在某些情況下,您可以識別前瞻性陳述,因為它們包含“可能”、“將會”、“應該”、“預期”、“計劃”、“預期”、“將要”、“可能”、“打算”、“目標”、“項目”、“考慮”、“估計”、“預測”、“潛在”、“看到”或“繼續”等詞語。或這些詞語或其他與Aehr的期望、戰略、優先事項、計劃或意圖相關的類似術語或表述的負面影響。本新聞稿中的前瞻性陳述包括但不限於Aehr在未來(包括2022財年第一季度)產生預訂量和收入增長的能力;Aehr新客户和現有客户的未來需求和訂單;對專有WaferPak的預訂量預測TM和多個細分市場的DiePak耗材;客户推介的暫時性;產品和後續產能訂單的發貨時間表;Aehr系統和耗材的增長,包括佔總銷售額的百分比;2022財年的財務指導,包括與收入和盈利相關的指導,以及對2022財年的預期;Aehr使用其Fox-P擴大客户數量的能力TM這些因素包括:解決方案的能力;獲得潛在客户參與的能力;與對愛爾產品的長期需求和關鍵市場的吸引力相關的預期;對愛爾在當前的全球新冠肺炎疫情之後將變得更加強大的信念,包括對更大產量、更多客户、更多應用和更高價值產品的期望。本新聞稿中包含的前瞻性陳述還會受到其他風險和不確定性的影響,包括Aehr最近提交給證券交易委員會的10-K、10-Q和其他報告中更全面描述的風險和不確定性。Aehr沒有義務更新任何前瞻性陳述中包含的信息,以反映本新聞稿發佈之日之後發生的事件或情況。
– Financial Tables to Follow –
-以下為財務表格-
AEHR TEST SYSTEMS AND SUBSIDIARIES | |||||||||||
Condensed Consolidated Statements of Operations | |||||||||||
(in thousands, except per share data) | |||||||||||
(unaudited) | |||||||||||
Three Months Ended | |||||||||||
Aug 31, | May 31, | Aug 31, | |||||||||
2021 | 2021 | 2020 | |||||||||
Net sales | $ | 5,646 | $ | 7,638 | $ | 2,012 | |||||
Cost of sales | 3,365 | 4,104 | 1,785 | ||||||||
Gross profit | 2,281 | 3,534 | 227 | ||||||||
Operating expenses: | |||||||||||
Selling, general and administrative | 1,953 | 1,904 | 1,514 | ||||||||
Research and development | 1,321 | 1,029 | 900 | ||||||||
Total operating expenses | 3,274 | 2,933 | 2,414 | ||||||||
(Loss) income from operations | (993 | ) | 601 | (2,187 | ) | ||||||
Interest expense, net | (9 | ) | (11 | ) | (13 | ) | |||||
Net gain from dissolution of Aehr Test Systems Japan | - | - | 2,186 | ||||||||
Income from forgiveness of PPP loan | 1,698 | - | - | ||||||||
Other income (expense), net | 23 | (23 | ) | (94 | ) | ||||||
Income (loss) before income tax (expense) benefit | 719 | 567 | (108 | ) | |||||||
Income tax (expense) benefit | (23 | ) | - | 215 | |||||||
Net income | $ | 696 | $ | 567 | $ | 107 | |||||
Net income per share | |||||||||||
Basic | $ | 0.03 | $ | 0.02 | $ | 0.00 | |||||
Diluted | $ | 0.03 | $ | 0.02 | $ | 0.00 | |||||
Shares used in per share calculations: | |||||||||||
Basic | 23,999 | 23,659 | 23,248 | ||||||||
Diluted | 25,356 | 23,916 | 23,455 |
AEHR測試系統和子公司 | |||||||||||
簡明合併操作報表 | |||||||||||
(單位為千,每股數據除外) | |||||||||||
(未經審計) | |||||||||||
截至三個月 | |||||||||||
8月31日, | 五月三十一日, | 8月31日, | |||||||||
2021 | 2021 | 2020 | |||||||||
淨銷售額 | $ | 5,646 | $ | 7,638 | $ | 2,012 | |||||
銷售成本 | 3,365 | 4,104 | 1,785 | ||||||||
毛利 | 2,281 | 3,534 | 227 | ||||||||
運營費用: | |||||||||||
銷售、一般和行政 | 1,953 | 1,904 | 1,514 | ||||||||
研發 | 1,321 | 1,029 | 900 | ||||||||
總運營費用 | 3,274 | 2,933 | 2,414 | ||||||||
營業收入(虧損) | (993 | ) | 601 | (2,187 | ) | ||||||
利息支出,淨額 | (9 | ) | (11 | ) | (13 | ) | |||||
日本Aehr測試系統公司解散帶來的淨收益 | - | - | 2,186 | ||||||||
免除購買力平價貸款的收入 | 1,698 | - | - | ||||||||
其他收入(費用),淨額 | 23 | (23 | ) | (94 | ) | ||||||
所得税(費用)福利前收益(虧損) | 719 | 567 | (108 | ) | |||||||
所得税(費用)福利 | (23 | ) | - | 215 | |||||||
淨收入 | $ | 696 | $ | 567 | $ | 107 | |||||
每股淨收益 | |||||||||||
基本信息 | $ | 0.03 | $ | 0.02 | $ | 0.00 | |||||
稀釋 | $ | 0.03 | $ | 0.02 | $ | 0.00 | |||||
每股計算中使用的股份: | |||||||||||
基本信息 | 23,999 | 23,659 | 23,248 | ||||||||
稀釋 | 25,356 | 23,916 | 23,455 |
AEHR TEST SYSTEMS AND SUBSIDIARIES | |||||||||||
Reconciliation of GAAP to Non-GAAP Results | |||||||||||
(in thousands, except per share data) | |||||||||||
(unaudited) | |||||||||||
Three Months Ended | |||||||||||
Aug 31, | May 31, | Aug 31, | |||||||||
2021 | 2021 | 2020 | |||||||||
GAAP net income | $ | 696 | $ | 567 | $ | 107 | |||||
Stock-based compensation expense | 588 | 303 | 270 | ||||||||
Dissolution of Aehr Test Systems Japan | - | - | (2,401 | ) | |||||||
Income from forgiveness of PPP loan | (1,698 | ) | - | - | |||||||
Non-GAAP net (loss) income | $ | (414 | ) | $ | 870 | $ | (2,024 | ) | |||
GAAP net income per diluted share | $ | 0.03 | $ | 0.02 | $ | 0.00 | |||||
Non-GAAP net (loss) income per diluted share | $ | (0.02 | ) | $ | 0.04 | $ | (0.09 | ) | |||
Shares used in GAAP diluted shares calculation | 25,356 | 23,916 | 23,455 | ||||||||
Shares used in non-GAAP diluted shares calculation | 23,999 | 23,916 | 23,248 |
AEHR測試系統和子公司 | |||||||||||
GAAP與非GAAP結果的對賬 | |||||||||||
(單位為千,每股數據除外) | |||||||||||
(未經審計) | |||||||||||
截至三個月 | |||||||||||
8月31日, | 五月三十一日, | 8月31日, | |||||||||
2021 | 2021 | 2020 | |||||||||
公認會計准則淨收益 | $ | 696 | $ | 567 | $ | 107 | |||||
基於股票的薪酬費用 | 588 | 303 | 270 | ||||||||
日本Aehr測試系統的解散 | - | - | (2,401 | ) | |||||||
免除購買力平價貸款的收入 | (1,698 | ) | - | - | |||||||
非GAAP淨(虧損)收益 | $ | (414 | ) | $ | 870 | $ | (2,024 | ) | |||
GAAP稀釋後每股淨收益 | $ | 0.03 | $ | 0.02 | $ | 0.00 | |||||
稀釋後每股非GAAP淨(虧損)收益 | $ | (0.02 | ) | $ | 0.04 | $ | (0.09 | ) | |||
GAAP稀釋股份計算中使用的股份 | 25,356 | 23,916 | 23,455 | ||||||||
非GAAP稀釋股份計算中使用的股份 | 23,999 | 23,916 | 23,248 |
Non-GAAP net (loss) income is a non-GAAP measure and should not be considered a replacement for GAAP results. Non-GAAP net (loss) income is a financial measure the Company uses to evaluate the underlying results and operating performance of the business. The limitation of this measure is that it excludes items that impact the Company's current period net income. This limitation is best addressed by using this measure in combination with net (loss) income (the most directly comparable GAAP financial measure). These measures are not in accordance with GAAP and may differ from non-GAAP methods of accounting and reporting used by other companies.
非GAAP淨(虧損)收入是非GAAP衡量標準,不應被視為GAAP結果的替代。非GAAP淨(虧損)收入是公司用來評估企業基本業績和經營業績的財務指標。這一衡量標準的侷限性在於,它不包括影響公司當期淨收入的項目。將這一衡量標準與淨(虧損)收入(最直接可比的GAAP財務衡量標準)結合使用,可以最好地解決這一侷限。這些衡量標準與公認會計原則不一致,可能與其他公司使用的非公認會計原則會計和報告方法不同。
We believe these measures enhance investors' ability to review the company's business from the same perspective as the Company's management and facilitate comparisons of this period's results with prior periods.
我們相信,這些措施增強了投資者從與公司管理層相同的角度審查公司業務的能力,並便於將這一時期的業績與之前幾個時期的業績進行比較。
AEHR TEST SYSTEMS AND SUBSIDIARIES | |||||||
Condensed Consolidated Balance Sheets | |||||||
(in thousands) | |||||||
(unaudited) | |||||||
August 31, | May 31, | ||||||
2021 | 2021 | ||||||
ASSETS | |||||||
Current assets: | |||||||
Cash and cash equivalents | $ | 6,530 | $ | 4,582 | |||
Accounts receivable, net | 4,264 | 5,202 | |||||
Inventories | 10,146 | 8,849 | |||||
Prepaid expenses and other | 759 | 551 | |||||
Total current assets | 21,699 | 19,184 | |||||
Property and equipment, net | 676 | 677 | |||||
Operating lease right-of-use assets | 1,437 | 1,606 | |||||
Other assets | 189 | 198 | |||||
Total assets | $ | 24,001 | $ | 21,665 | |||
LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||
Current liabilities: | |||||||
Accounts payable | 2,753 | 2,893 | |||||
Accrued expenses | 1,978 | 2,163 | |||||
Operating lease liabilities, short-term | 750 | 737 | |||||
Customer deposits and deferred revenue, short-term | 3,279 | 189 | |||||
Line of credit | - | 1,400 | |||||
Current portion of long-term debt | - | 1,679 | |||||
Total current liabilities | 8,760 | 9,061 | |||||
Operating lease liabilities, long-term | 813 | 1,007 | |||||
Deferred revenue, long-term | 150 | 99 | |||||
Other liabilities | 46 | 49 | |||||
Total liabilities | 9,769 | 10,216 | |||||
Total shareholders' equity | 14,232 | 11,449 | |||||
Total liabilities and shareholders' equity | $ | 24,001 | $ | 21,665 |
AEHR測試系統和子公司 | |||||||
簡明綜合資產負債表 | |||||||
(單位:千) | |||||||
(未經審計) | |||||||
8月31日, | 五月三十一日, | ||||||
2021 | 2021 | ||||||
資產 | |||||||
流動資產: | |||||||
現金和現金等價物 | $ | 6,530 | $ | 4,582 | |||
應收賬款淨額 | 4,264 | 5,202 | |||||
盤存 | 10,146 | 8,849 | |||||
預付費用和其他費用 | 759 | 551 | |||||
流動資產總額 | 21,699 | 19,184 | |||||
財產和設備,淨值 | 676 | 677 | |||||
經營性租賃使用權資產 | 1,437 | 1,606 | |||||
其他資產 | 189 | 198 | |||||
總資產 | $ | 24,001 | $ | 21,665 | |||
負債和股東權益 | |||||||
流動負債: | |||||||
應付帳款 | 2,753 | 2,893 | |||||
應計費用 | 1,978 | 2,163 | |||||
短期經營租賃負債 | 750 | 737 | |||||
短期客户存款和遞延收入 | 3,279 | 189 | |||||
信用額度 | - | 1,400 | |||||
長期債務的當期部分 | - | 1,679 | |||||
流動負債總額 | 8,760 | 9,061 | |||||
長期經營租賃負債 | 813 | 1,007 | |||||
遞延收入,長期 | 150 | 99 | |||||
其他負債 | 46 | 49 | |||||
總負債 | 9,769 | 10,216 | |||||
股東權益總額 | 14,232 | 11,449 | |||||
總負債和股東權益 | $ | 24,001 | $ | 21,665 |
Contacts:
聯繫人:
Aehr Test Systems Ken Spink Chief Financial Officer (510) 623-9400 x309 |
MKR Investor Relations Inc. Todd Kehrli or Jim Byers Analyst/Investor Contact (323) 468-2300 aehr@mkr-group.com |
Aehr測試系統 肯·斯賓克 首席財務官 (510) 623-9400 x309 |
MKR投資者關係公司 託德·凱利或吉姆·拜爾斯 分析師/投資者聯繫人 (323) 468-2300 郵箱:aehr@mkr-group.com |
譯文內容由第三人軟體翻譯。