AEye Inc

For the period ended Dec 31, 2024. Filed Feb 24, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 24, 2025

LIDR$0.84-6.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Loss

AEYE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (In thousands, except share and per share data)

	Year Ended December 31,
	2024	2023
REVENUE:
Prototype sales	$97	$477
Development contracts	105	987
Total revenue	202	1,464
Cost of revenue	778	15,319
Gross loss	(576)	(13,855)
OPERATING EXPENSES:
Research and development	16,389	26,171
Sales and marketing	551	12,528
General and administrative	18,312	25,234
Impairment of long-lived assets	—	9,988
Total operating expenses	35,252	73,921
LOSS FROM OPERATIONS	(35,828)	(87,776)
OTHER INCOME (EXPENSE):
Change in fair value of convertible note and warrant liabilities	—	(858)
Interest income and other	799	1,317
Interest expense and other	(433)	248
Total other income (expense), net	366	707
Loss before income tax	(35,462)	(87,069)
(Benefit) provision for income tax	(2)	57
Net loss	$(35,460)	$(87,126)
Change in net unrealized (loss) gain on available-for-sale securities, net of tax	(5)	1,264
Change in fair value due to instrument-specific credit risk, net of tax	—	(21)
Net losses reclassified into income during the period, net of tax	—	46
Comprehensive loss	$(35,465)	$(85,837)
PER SHARE DATA
Net loss per common share (basic and diluted)	$(4.89)	$(14.95)
Weighted average common shares outstanding (basic and diluted)	7,253,683	5,827,721

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