Company: LIDRW
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001437749-25-004906
Chunk: 495

Company: AEye, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 3
Chunk 495
---
 19,082

      21,214

       CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period 
       
      $
      10,266

      $
      19,082

       SUPPLEMENTAL CASH FLOW INFORMATION: 

       Cash paid for interest 
       
      $
      -

      $
      115

       Cash (refunded) paid for income taxes, net 

      (2
      )

      16

       SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES: 

       Operating lease liabilities extinguished upon termination of lease 

      16,325

      335

       Operating lease right-of-use asset derecognized upon termination of lease 

      10,371

      —

       Operating lease right-of-use assets obtained in exchange for lease obligation 

      753

      —

       Conversion of convertible notes and accrued interest into Class A common stock 

      —

      3,338

       Stock issuance costs included in accounts payable and accrued liabilities 

      198

      —

       Stock issuance costs through issuance of common stock 

      282

      —

       Proceeds from issuance of common stock in prepaid and other current assets 

      1,679

      —

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

       69

AEYE, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(in thousands, except share and per share data or otherwise stated)

    1.  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 

   AEye, Inc. and its wholly owned subsidiaries (the “Company” or “AEye”)  is a provider of high-performance, active lidar systems for vehicle autonomy, advanced driver-assistance systems, or ADAS, and robotic vision applications. AEye's 4Sight™ Intelligent Sensing Platform includes a solid-state software definable active lidar sensor, an adaptive sensing SmartScan architecture to scan dynamic scenes/targets, and a sophisticated signal processing capability that provides precise measurements and imaging for various safety-critical applications. The 4Sight™ Intelligent Sensing platform captures more information with less data, facilitating faster, more accurate, and more reliable perception of the environment.
    
   AEye, formerly known as CF Finance Acquisition Corp. III, (“CF III”), was originally incorporated in Delaware on  March 15,