Company: LIDRW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001437749-25-033677
Chunk: 71

Company: AEye, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 71
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   15,124 
 Total liabilities and stockholders’ equity  $87,548  $27,120 

The accompanying notes are an integral part of these condensed consolidated financial statements.

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      Table of Contents

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

      Three months ended September 30,    Nine months ended September 30,  
   2025    2024    2025    2024  
 Revenue  $50  $104  $136  $156 
 Cost of revenue   103   306   307   729 
 Gross loss   (53)  (202)  (171)  (573)
 OPERATING EXPENSES:                 
 Research and development   3,061   3,767   10,221   12,137 
 Sales and marketing   631   74   1,615   482 
 General and administrative   4,080   3,803   11,323   13,641 
 Total operating expenses   7,772   7,644   23,159   26,260 
 LOSS FROM OPERATIONS   (7,825)  (7,846)  (23,330)  (26,833)
 OTHER INCOME (EXPENSE):                 
 Change in fair value of convertible note and warrant liabilities   (2,210)  9   (2,123)  (4)
 Interest income and other   650   233   1,257   656 
 Interest expense and other   55   (1,102)  (2,418)  (729)
 Total other income (expense), net   (1,505)  (860)  (3,284)  (77)
 Loss before income tax   (9,330)  (8,706)  (26,614)  (26,910)
 Provision for income tax   —   —   2   2 
 Net loss  $(9,330) $(8,706) $(26,616) $(26