Company: LIDRW
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001437749-25-015868
Chunk: 70

Company: AEye, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 70
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AEYE, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share amounts and par value data) 

      March 31, 2025    December 31, 2024  
   (Unaudited)     
 ASSETS         
 CURRENT ASSETS:         
 Cash and cash equivalents  $5,267  $10,266 
 Marketable securities   20,659   12,012 
 Accounts receivable, net   6   11 
 Inventories, net   101   176 
 Prepaid and other current assets   929   2,706 
 Total current assets   26,962   25,171 
 Right-of-use assets   601   652 
 Property and equipment, net   574   605 
 Other noncurrent assets   659   692 
 Total assets  $28,796  $27,120 
         
 LIABILITIES AND STOCKHOLDERS’ EQUITY         
 CURRENT LIABILITIES:         
 Accounts payable  $3,850  $3,598 
 Accrued expenses and other current liabilities   3,686   7,709 
 Convertible note, current   3,233   — 
 Total current liabilities   10,769   11,307 
 Operating lease liabilities, noncurrent   420   479 
 Convertible note, noncurrent   146   146 
 Other noncurrent liabilities   463   64 
 Total liabilities   11,798   11,996 
 COMMITMENTS AND CONTINGENCIES (Note 17)           
 STOCKHOLDERS’ EQUITY:         
 Preferred stock—$0.0001 par value: 1,000,000 shares authorized; no shares issued and outstanding   —   — 
 Common stock—$0.0001 par value: 600,000,000 shares authorized; 18,690,177 and 13,734,160 shares issued and outstanding at March 31, 2025 and December 31, 2024   2   1 
 Additional paid-in capital   398,101   388,213 
 Accumulated other comprehensive income   6   5 
 Accumulated deficit   (381,111)  (373,095)
 Total stockholders’ equity   16,998   15