Company: LIDRW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001437749-25-033677
Chunk: 70

Company: AEye, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 70
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AEYE, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share amounts and par value data) 

      September 30, 2025    December 31, 2024  
   (Unaudited)     
 ASSETS         
 CURRENT ASSETS:         
 Cash and cash equivalents  $43,035  $10,266 
 Marketable securities   41,298   12,012 
 Accounts receivable, net   56   11 
 Inventories, net   884   176 
 Prepaid and other current assets   935   2,706 
 Total current assets   86,208   25,171 
 Right-of-use assets   495   652 
 Property and equipment, net   549   605 
 Other noncurrent assets   296   692 
 Total assets  $87,548  $27,120 
         
 LIABILITIES AND STOCKHOLDERS’ EQUITY         
 CURRENT LIABILITIES:         
 Accounts payable  $4,471  $3,598 
 Accrued expenses and other current liabilities   3,508   7,709 
 Convertible note, current   106   — 
 Total current liabilities   8,085   11,307 
 Operating lease liabilities, noncurrent   299   479 
 Convertible note, noncurrent   146   146 
 Other noncurrent liabilities   826   64 
 Total liabilities   9,356   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; 41,776,670 and 13,734,160 shares issued and outstanding at September 30, 2025 and December 31, 2024   4   1 
 Additional paid-in capital   477,903   388,213 
 Accumulated other comprehensive income (loss)   (4)  5 
 Accumulated deficit   (399,711)  (373,095)
 Total stockholders’ equity   78,192