Company: LIDRW
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001437749-25-025747
Chunk: 12

Company: AEye, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 4
Chunk 12
---
 or models. If we do not achieve a design win with respect to a particular vehicle model, we may not have an opportunity to supply our products to the automotive OEM or its supplier for that vehicle model for a period of many years. In many cases, this period can be as long as five to seven years (or more). If our products are not selected by an automotive OEM or our suppliers for one vehicle model or if our products are not successful in that vehicle model, it is less likely that our product will be deployed in other vehicle models of that automotive OEM. If we fail to obtain design wins for a significant number of vehicle models from one or more automotive OEMs or their suppliers, our business, results of operations, and financial condition will be materially and adversely affected. 

The integration of our lidar technology into Nvidia’s DRIVE AGX Orin platform does not guarantee that automotive OEMs will select our lidar technology for their ADAS or autonomous driving solutions, even if such automotive OEMs select the Nvidia DRIVE AGX Orin platform instead of the platform of one of Nvidia’s competitors or the automotive OEM decides to use an in-house solution.  The Nvidia DRIVE AGX Orin platform supports a number of lidar sensors that are competitive to our solution and Nvidia is expected to remain neutral with respect to the automotive OEM’s decision as to choice of lidar sensor for that automotive OEM’s solution.  It is difficult to predict how many automotive OEMs will ultimately adopt the Nvidia DRIVE AGX Orin platform.

Our forward-looking estimates of certain financial metrics may prove inaccurate.

We use various estimates in formulating our business plans. We base our estimates upon a number of assumptions that are inherently subject to significant business and economic uncertainties and contingencies, many of which are beyond our control. Our estimates therefore may prove inaccurate, causing the actual amount to differ from our estimates. These factors include, without limitation:

      • 
      the extent to which we meet contractual terms and conditions; 

      • 
      the extent to which our technology is successfully integrated into our customers’ vehicles; 

      • 
      the timing of when our customers adopt our technology into their vehicles on a commercial basis which could be delayed for regulatory, safety, or reliability issues unrelated to our technology; 

       43

      • 
      undetected or unknown errors, defects, or reliability issues in our hardware or software which could reduce the market adoption of our existing or new products; 

      • 
      loss of business with respect to the failure or