Company: LIDRW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001437749-25-033677
Chunk: 336

Company: AEye, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 1A
Chunk 336
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% and 49% of our revenue during the nine months ended September 30, 2025 and 2024, respectively. In May 2024, we announced that we have partnered with Accelight Technologies, Inc. and LighTekton Co., Ltd. to deliver our lidar solutions to the China market, specifically focused on the autonomous trucking and railway segments, as the market in China appears to be ahead of the rest of the world in lidar adoption. However, we have not previously sold into the China market and our partners, although they regularly conduct business in China, do not have experience in the lidar market. There is also significant competition in China from local lidar manufacturers. We can provide no assurances that we will be successful in the China lidar market.

In general, international operations are subject to a number of other risks, including:

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      the impact of tariffs and any escalation of a trade war between the U.S. and its trading partners; 

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      exchange rate fluctuations; 

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      political and economic instability, international terrorism, and anti-American sentiment, particularly in emerging markets; 

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      global or regional health crises, such as epidemics or outbreaks of other contagions; 

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      military conflicts in Ukraine and the Middle East; 

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      potential for violations of anti-corruption laws and regulations, such as those related to bribery and fraud; 

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      preference for locally branded products, and laws and business practices favoring local competition; 

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      potential consequences of, and uncertainty related to, the “Brexit” process in the United Kingdom, which could lead to additional expense and complexity in doing business there; 

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      increased difficulty in managing inventory; 

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      delayed revenue recognition; 

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      the potential for less effective protection of intellectual property; 

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      stringent regulation of autonomous driving or other systems or products using our products and stringent consumer protection and product compliance regulations, including, but not limited, to the General Data Protection Regulation, or GDPR in the European Union, European competition law, the Restriction of Hazardous Substances Directive, or RoHS, the Waste Electrical and Electronic Equipment Directive, or WEEE, and the European Ecodesign Directive, all of which are costly to comply with and may vary from country to country; 

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      difficulties and costs of staffing and managing foreign operations;