Company: LIDRW
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001437749-25-025747
Chunk: 72

Company: AEye, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 72
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,124 
 Total liabilities and stockholders’ equity  $22,102  $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 June 30,    Six months ended June 30,  
   2025    2024    2025    2024  
 Revenue  $22  $32  $86  $52 
 Cost of revenue   108   160  $204   423 
 Gross loss   (86)  (128)  (118)  (371)
 OPERATING EXPENSES:                 
 Research and development   3,670   3,838  $7,160   8,370 
 Sales and marketing   601   67  $984   408 
 General and administrative   4,348   4,223  $7,243   9,838 
 Total operating expenses   8,619   8,128   15,387   18,616 
 LOSS FROM OPERATIONS   (8,705)  (8,256)  (15,505)  (18,987)
 OTHER INCOME (EXPENSE):                 
 Change in fair value of convertible note and warrant liabilities   (593)  (15) $87   (13)
 Interest income and other   393   228  $607   423 
 Interest expense and other   (365)  56  $(2,473)  373 
 Total other income (expense), net   (565)  269   (1,779)  783 
 Loss before income tax expense   (9,270)  (7,987)  (17,284)  (18,204)
 Provision for income tax expense   —   —  $2   2 
 Net loss  $(9,270) $(7,987) $(17,286) $(18,206)
 Change in net unrealized gain (loss