Company: LIDRW
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001437749-25-004906
Chunk: 124

Company: AEye, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1
Chunk 124
---
 assets classified as property and equipment of $7,418, included within impairment of long-lived assets within the Company's consolidated statements of operations. No impairment charges were recorded for the year ended  December 31, 2024.
    
   Depreciation and amortization expense related to property and equipment amounted to $129 and $1,547 recognized within research and development, sales and marketing, and general and administrative expenses within the consolidated statements of operations and comprehensive loss for the years ended  December 31, 2024 and 2023, respectively. The Company recorded disposals of gross property and equipment of $59 and $1,041 in the years ended  December 31, 2024 and 2023, respectively. The carrying amounts of the property and equipment disposed in the years ended  December 31, 2024 and 2023 were $32 and $342, respectively.

       84

       8. 
       OTHER NONCURRENT ASSETS 

   Other noncurrent assets as of  December 31, 2024 and 2023 were as follows (in thousands):

        As of December 31, 

        2024 

        2023 

        Noncurrent inventory 
        
       $
       209

       $
       208

        Long-term prepaid expenses 

       352

       626

        Security deposits 

       131

       72

        Total other noncurrent assets 
        
       $
       692

       $
       906

       9. 
       ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES 

   Accrued expenses and other current liabilities as of  December 31, 2024 and 2023 were as follows (in thousands):

        As of December 31, 

        2024 

        2023 

        Lease termination liability 
        
       $
       3,313

       $
       —

        Accrued bonuses 

       2,875

       2,053

        Accrued payroll 

       347

       540

        Operating lease liabilities 

       267

       2,415

        Accrued severance 

       —

       402

        Accrued payroll taxes 

       159

       317

        Accrued other 

       748

       858

        Total accrued expenses and other current liabilities 
        
       $
       7,709

       $
       6,585