Company: LIDRW
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001437749-25-025747
Chunk: 118

Company: AEye, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 118
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, 2025, net cash used in investing activities was $4,686. The primary factors affecting net cash used in investing activities during this period were the purchases of marketable securities of $14,303, partially offset by redemptions and maturities of marketable securities of $9,631.

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For the six months ended June 30, 2024, net cash provided by investing activities was $2,993. The primary factors affecting net cash provided by investing activities during this period were the proceeds from redemptions and maturities of marketable securities of $18,400, partially offset by the purchases of marketable securities of $15,173 and purchases of property and equipment of $234.

Financing Activities

For the six months ended June 30, 2025, net cash provided by financing activities was $10,952. The primary factors affecting our financing cash flows during this period were proceeds from common stock purchase agreements of $10,076 and from the issuance of a convertible note of $2,950, partially offset by payments on convertible note of $750, payments of debt issuance costs of $608, taxes paid on net settlement of equity awards of $364 and payments of stock issuance costs related to common stock purchase agreements of $404.

For the six months ended June 30, 2024, net cash used in financing activities was $5,531. The primary factors affecting our financing cash flows during this period were proceeds from the exercise of the common stock purchase agreement of $5,560, partially offset by payments for taxes related to net settlement of equity awards of $47.

Critical Accounting Estimates

Our condensed consolidated financial statements are in accordance with GAAP. We are required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the condensed consolidated financial statements, the reported amounts of revenues and expenses during the reporting periods, fair value measures, and the related disclosures in the condensed consolidated financial statements. Our actual results may differ significantly from these estimates due to changes in judgments, assumptions and conditions as a result of unforeseen events or otherwise, which could have a material impact on our financial position and results of operations. We believe our critical accounting estimates involve the greatest degree of judgment and complexity and have the greatest potential impact on our condensed consolidated financial statements.

During the six months ended June 30, 2025, there were no significant changes in our critical accounting est