Company: LIDRW
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001437749-25-025747
Chunk: 71

Company: AEye, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 71
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AEYE, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share amounts and par value data) 

      June 30, 2025    December 31, 2024  
   (Unaudited)     
 ASSETS         
 CURRENT ASSETS:         
 Cash and cash equivalents  $2,374  $10,266 
 Marketable securities   16,836   12,012 
 Accounts receivable, net   27   11 
 Inventories, net   232   176 
 Prepaid and other current assets   943   2,706 
 Total current assets   20,412   25,171 
 Right-of-use assets   549   652 
 Property and equipment, net   549   605 
 Other noncurrent assets   592   692 
 Total assets  $22,102  $27,120 
         
 LIABILITIES AND STOCKHOLDERS’ EQUITY         
 CURRENT LIABILITIES:         
 Accounts payable  $5,473  $3,598 
 Accrued expenses and other current liabilities   3,117   7,709 
 Convertible note, current   1,997   — 
 Total current liabilities   10,587   11,307 
 Operating lease liabilities, noncurrent   361   479 
 Convertible note, noncurrent   146   146 
 Other noncurrent liabilities   826   64 
 Total liabilities   11,920   11,996 
 COMMITMENTS AND CONTINGENCIES (Note 17)           
 STOCKHOLDERS’ EQUITY:         
 Preferred stock—$0.0001 par value: 1,000,000 shares authorized; no shares issued and outstanding   —   — 
 Common stock—$0.0001 par value: 600,000,000 shares authorized; 20,550,266 and 13,734,160 shares issued and outstanding at June 30, 2025 and December 31, 2024   2   1 
 Additional paid-in capital   400,561   388,213 
 Accumulated other comprehensive income   —   5 
 Accumulated deficit   (390,381)  (373,095)
 Total stockholders’ equity   10,182   15