AEye, Inc.
For the period ended Mar 31, 2025. Filed May 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 12, 2025
LIDR$0.84-6.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share amounts and per share data)
| Three months ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue | $64 | $20 |
| Cost of revenue | 96 | 263 |
| Gross loss | (32) | (243) |
| OPERATING EXPENSES: | ||
| Research and development | 3,490 | 4,532 |
| Sales and marketing | 383 | 341 |
| General and administrative | 2,895 | 5,615 |
| Total operating expenses | 6,768 | 10,488 |
| LOSS FROM OPERATIONS | (6,800) | (10,731) |
| OTHER INCOME (EXPENSE): | ||
| Change in fair value of convertible note and warrant liabilities | 680 | 2 |
| Interest income and other | 214 | 195 |
| Interest expense and other | (2,108) | 317 |
| Total other income (expense), net | (1,214) | 514 |
| Loss before income tax expense | (8,014) | (10,217) |
| Provision for income tax expense | 2 | 2 |
| Net loss | $(8,016) | $(10,219) |
| Change in net unrealized gain (loss) on available-for-sale securities, net of tax | 1 | (14) |
| Comprehensive loss | $(8,015) | $(10,233) |
| PER SHARE DATA | ||
| Net loss per share (basic and diluted) | $(0.46) | $(1.61) |
| Weighted average shares outstanding (basic and diluted) | 17,448,617 | 6,352,835 |
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