Company: LIDRW
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001437749-25-004906
Chunk: 1117

Company: AEye, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1A
Chunk 1117
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 such sales of common stock over a period of 36 months. Under the terms and subject to the conditions of the ATM Agreement, the Company will set the parameters for the sale of shares, including the number or dollar amount of Placement Shares to be issued, the time period during which sales are requested to be made, any limitation on the number or dollar amount of Placement Shares that  may be sold in any one trading day and any minimum price below which sales  may not be made. The Company will pay a cash commission rate of up to 3.0% of the gross proceeds from the sale of Placement Shares sold pursuant to the ATM Agreement. In  December 2024, the Company increased the amount of the Company's common stock that it  may issue and sell through AGP, having a new aggregate value offering of up to $5,230.  
    
   As of  December 31, 2024, the Company sold 3,528,617 shares through A.G.P. under the ATM Agreement for gross proceeds totaling $5,229.
    
   Registered Direct Offering — On  May 29, 2024, the Company entered into a Securities Purchase Agreement with certain institutional investors pursuant to which the Company agreed to issue and sell, in a registered direct offering, an aggregate of 727,706 shares of the Company's common stock, par value $0.0001 per share, at a per share purchase price of $3.4480 for gross proceeds totaling $2,509.

       13. 
       ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) 

   The changes in accumulated other comprehensive income (loss) by component for the years ended  December 31, 2024 and 2023 are as follows (in thousands):

        Unrealized gains 

        Change in 

        (losses) on 

        fair value 

        available-for-sale 

        due to instrument- 

        securities 

        specific credit risk 

        Total 

        Balance at December 31, 2022 
        
       $
       (1,254
       )
        
       $
       (25
       )
        
       $
       (1,279
       )

        Other comprehensive income (loss) before reclassifications, net of tax 

       1,264

       (21
       )

       1,243

        Amounts reclassified from accumulated other comprehensive loss, net of tax