Company: LIDRW
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001437749-25-004906
Chunk: 737

Company: AEye, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 2
Chunk 737
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 include accounts receivable, prepaid and other current assets, accounts payable, accrued expenses, other current and noncurrent liabilities, and convertible note. The carrying values of these financial instruments approximate their fair values.
    
   The Company’s financial assets and liabilities measured at fair value on a recurring basis and the level of inputs used for such measurements were as follows (in thousands):

       Fair Value Measured as of December 31, 2024 Using:  
               Cash and      
   Adjusted    Unrealized    Fair    Cash    Marketable  
   Cost    gains    Value    Equivalent    Securities  
 Assets                     
 Level 1                     
 Money market funds  $5,823  $—  $5,823  $5,823  $— 
 Level 2                     
 Corporate bonds   9,660   4   9,664   —   9,664 
 Commercial paper   945   —   945   —   945 
 U.S. Government securities   1,402   1   1,403   —   1,403 
 Total financial assets  $17,830  $5  $17,835  $5,823  $12,012 
 Liabilities                     
 Level 2                     
 Private placement warrant liability  $—  $—  $—  $—  $— 
 Level 3                     
 Derivative warrant liability   —   —   26   —   — 
 Total financial liabilities  $—  $—  $26  $—  $— 

       79

       Fair Value Measured as of December 31, 2023 Using:  
               Cash and      
   Adjusted    Unrealized    Fair    Cash    Marketable  
   Cost    gains    Value    Equivalent    Securities  
 Assets                     
 Level 1                     
 Money market funds  $16,377  $—  $16,377  $16,377  $— 
 Level 2                     
 Corporate bonds   2,880   1   2,