Company: LIDRW
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001437749-25-004906
Chunk: 291

Company: AEye, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1C
Chunk 291
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QUITY         
 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 authorized; no shares issued and outstanding   —   — 
 Common stock—$0.0001 par value: 600,000,000 shares authorized; 13,734,160 and 6,310,090 shares issued and outstanding at December 31, 2024 and 2023   1   1 
 Additional paid-in capital   388,213   366,647 
 Accumulated other comprehensive income   5   10 
 Accumulated deficit   (373,095)  (337,635)
 Total stockholders’ equity   15,124   29,023 
 Total liabilities and stockholders’ equity  $27,120  $54,317 

The accompanying notes are an integral part of these consolidated financial statements.

       66

      AEYE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (In thousands, except share and per share data) 

       Year Ended December 31, 

       2024 

       2023 

       REVENUE: 

       Prototype sales 
       
      $
      97

      $
      477

       Development contracts 

      105

      987

       Total revenue 

      202

      1,464

       Cost of revenue 

      778

      15,319

       Gross loss 

      (576
      )

      (13,855
      )

       OPERATING EXPENSES: 

       Research and development 

      16,389

      26,171

       Sales and marketing 

      551

      12,528

       General and administrative 

      18,312

      25,234