Company: LIDRW
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001437749-25-004906
Chunk: 912

Company: AEye, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 6
Chunk 912
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 fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
 
/s/ DELOITTE & TOUCHE LLP
 
San Francisco, California
 
March 26, 2024 (February 24, 2025 as to Note 16)
 
We began serving as the Company’s auditor in 2018. In 2024 we became the predecessor auditor.

    65

      AEYE, INC. CONSOLIDATED BALANCE SHEETS (In thousands, except share and par value) 

      As of December 31,  
   2024    2023  
 ASSETS         
 CURRENT ASSETS:         
 Cash and cash equivalents  $10,266  $16,932 
 Marketable securities   12,012   19,591 
 Accounts receivable, net   11   131 
 Inventories, net   176   583 
 Prepaid and other current assets   2,706   2,517 
 Total current assets   25,171   39,754 
 Right-of-use assets   652   11,226 
 Property and equipment, net   605   281 
 Restricted cash   —   2,150 
 Other noncurrent assets   692   906 
 Total assets  $27,120  $54,317 
         
 LIABILITIES AND STOCKHOLDERS’ EQUITY         
 CURRENT LIABILITIES:         
 Accounts payable  $3,598  $3,442 
 Accrued expenses and other current liabilities   7,709   6,585 
 Total current liabilities   11,307   10,027 
 Operating lease liabilities, noncurrent   479   14,858 
 Convertible notes   146   — 
 Other noncurrent liabilities   64   409 
 Total liabilities   11,996   25,294 
 COMMITMENTS AND CONTINGENCIES (Note 20)           
 STOCKHOLDERS’ EQUITY:         
 Preferred stock—$0.0001 par value: 1,000,000 shares