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AEye, Inc.
LIDRCIK 0001818644NasdaqNon-AcceleratedSmaller ReportingMotor Vehicle Parts & AccessoriesDelawareFY ends Dec 31
Period
FY 2025
Revenue
$233.0K
Net Income
$-33.96M
Total Assets
$90.89M
Equity
$81.34M
Shares Out
46.31M
Op. Cash Flow
$-27.78M
Business
AEye designs and develops active lidar sensors and software-defined sensing platforms for vehicle autonomy, advanced driver-assistance systems, robotic vision, and non-automotive applications. The company's proprietary Intelligent Sensing Platform combines solid-state active lidar with adaptive perception algorithms for safety-critical use cases. Core products include Apollo and Stratos lidar sensors for automotive and non-automotive markets. AEye partners with Tier 1 suppliers for automotive manufacturing while maintaining direct sales and system-integrator partnerships in non-automotive segments.
Summary from 10-K filed 2026-03-18
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 233,000 | 202,000 | 1 | 4 | 3 | |
| Cost of Revenue | 554,000 | 778,000 | 15 | 9 | 4 | |
| Gross loss | −321,000 | −576,000 | −14 | −5 | −630,000 | |
| Research and development | 14 | 16 | 26 | 38 | 27 | |
| Selling and Marketing Expense | 3 | 551,000 | 13 | 19 | 11 | |
| General and Administrative Expense | 15 | 18 | 25 | 37 | 26 | |
| Total operating expenses | 31 | 35 | 74 | 94 | 63 | |
| LOSS FROM OPERATIONS | −32 | −36 | −88 | −99 | −63 | |
| Change in fair value of convertible note and warrant liabilities | −2 | 0 | −858,000 | −14,000 | — | |
| Interest income and other | 2 | 799,000 | 1 | 2 | 561,000 | |
| Interest expense and other | −2 | −433,000 | 248,000 | −1 | −5 | |
| Total other income (expense), net | −2 | 366,000 | 707,000 | 152,000 | −2 | |
| Loss before income tax | −34 | −35 | −87 | — | — | |
| Provision (benefit) for income tax | 11,000 | −2,000 | 57,000 | 58,000 | 0 | |
| Net loss | −34 | −35 | −87 | −99 | −65 | |
| Change in net unrealized gain (loss) on available-for-sale securities, net of tax | 25,000 | −5,000 | 1 | −940,000 | −391,000 | |
| Comprehensive loss | −34 | −35 | −86 | −100 | −65 | |
| Net loss per common share (basic and diluted) (in dollars per share) | −1.47 | −4.89 | −14.95 | −18.82 | −0.6 | |
| Weighted average common shares outstanding (basic and diluted) (in shares) | 23 | 7 | 6 | 5 | 109 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 43 | 10 | 17 | 19 | 14 | |
| Marketable securities | 43 | 12 | 20 | 75 | 150 | |
| Accounts receivable, net | 77,000 | 11,000 | 131,000 | 617,000 | 4 | |
| Inventories, net | 1 | 176,000 | 583,000 | 5 | 4 | |
| Prepaid and other current assets | 2 | 3 | 3 | 6 | 5 | |
| Total current assets | 90 | 25 | 40 | 106 | 177 | |
| Right-of-use assets | 441,000 | 652,000 | 11 | 16 | 0 | |
| Property and equipment, net | 577,000 | 605,000 | 281,000 | 8 | 5 | |
| Other noncurrent assets | 242,000 | 692,000 | 906,000 | 2 | 2 | |
| Total assets | 91 | 27 | 54 | 133 | 186 | |
| Accounts payable | 4 | 4 | 3 | 3 | 3 | |
| Accrued Expenses and Other Current Liabilities | 5 | 8 | 7 | — | — | |
| Total current liabilities | 9 | 11 | 10 | 23 | 14 | |
| Operating lease liabilities, noncurrent | 235,000 | 479,000 | 15 | 17 | 0 | |
| Convertible note | 146,000 | 146,000 | 0 | — | — | |
| Other noncurrent liabilities | 598,000 | 64,000 | 409,000 | 126,000 | 786,000 | |
| Total liabilities | 10 | 12 | 25 | 39 | 17 | |
| COMMITMENTS AND CONTINGENCIES (Note 20) | — | — | — | — | — | |
| Preferred stock$0.0001 par value: 1,000,000 shares authorized; no shares issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock$0.0001 par value: 600,000,000 shares authorized; 45,169,913 and 13,734,160 shares issued and outstanding at December 31, 2025 and 2024 | 4,000 | 1,000 | 1,000 | 1,000 | 16,000 | |
| Additional paid-in capital | 488 | 388 | 367 | 346 | 321 | |
| Accumulated other comprehensive income | 30,000 | 5,000 | 10,000 | −1 | −391,000 | |
| Accumulated deficit | −407 | −373 | −338 | −251 | −152 | |
| Total stockholders equity | 81 | 15 | 29 | 94 | 169 | |
| Total liabilities and stockholders equity | 91 | 27 | 54 | 133 | 186 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 155,000 | 129,000 | 2 | — | — | |
| Gain on sale of property and equipment, net | 0 | −12,000 | 59,000 | 0 | — | |
| Noncash lease expense relating to operating lease right-of-use assets | 211,000 | 956,000 | 1 | 1 | 0 | |
| Gain on termination of operating lease, net | −1 | −491,000 | −35,000 | — | — | |
| Common stock purchase agreement costs | 337,000 | 1 | 0 | — | — | |
| Debt issuance costs | 2 | 0 | — | 0 | 725,000 | |
| Gain on extinguishment of warrant | −64,000 | 0 | — | — | — | |
| Inventory write-downs, net of scrapped inventory | 48,000 | 161,000 | 8 | — | — | |
| Stock-based compensation | 6 | 9 | 18 | 24 | 10 | |
| Amortization of premiums and accretion of discounts on marketable securities, net of change in accrued interest | −378,000 | −611,000 | −211,000 | 1 | 310,000 | |
| Expected credit losses, net of write-off | 2,000 | 35,000 | 35,000 | — | — | |
| Accounts receivable, net | −68,000 | 85,000 | 451,000 | 4 | −4 | |
| Inventories, current and noncurrent, net | −678,000 | 245,000 | −2 | −3 | −3 | |
| Prepaid and other current assets | −1 | 1 | 2 | −1 | −4 | |
| Other noncurrent assets | 241,000 | 215,000 | 284,000 | 527,000 | −1 | |
| Accounts payable | 9,000 | 156,000 | 252,000 | 839,000 | 557,000 | |
| Accrued expenses and other current liabilities | −767,000 | −2 | −3 | 85,000 | 5 | |
| Operating lease liabilities | −236,000 | −955,000 | −2 | −1 | 0 | |
| Other noncurrent liabilities | 0 | −345,000 | 383,000 | 0 | — | |
| Net cash used in operating activities | −28 | −27 | −51 | −72 | −56 | |
| Purchases of property and equipment | −109,000 | −486,000 | −2 | −4 | −1 | |
| Proceeds from sale of property and equipment | 0 | 45,000 | 283,000 | 0 | — | |
| Proceeds from redemptions and maturities of marketable securities | 23 | 32 | 76 | 97 | 0 | |
| Purchases of marketable securities | −54 | −24 | −19 | −24 | −151 | |
| Net cash provided by (used in) investing activities | −31 | 8 | 55 | 68 | −152 | |
| Proceeds from exercise of stock options | 0 | 134,000 | 455,000 | 1 | 150,000 | |
| Proceeds from the issuance of convertible notes | 3 | 146,000 | 0 | — | — | |
| Payments for convertible note redemptions | −989,000 | 0 | −6 | −874,000 | 0 | |
| Transaction costs related to issuance of convertible note | −658,000 | 0 | — | — | — | |
| Taxes paid related to the net share settlement of equity awards | −643,000 | −161,000 | −1 | −5 | 0 | |
| Proceeds from issuance of common stock under the Common Stock Purchase Agreements | 91 | 11 | 136,000 | 3 | 0 | |
| Stock issuance costs related to the Common Stock Purchase Agreements | −2 | −1 | −3,000 | −29,000 | 0 | |
| Proceeds from exercise of warrant | 2 | 0 | — | — | — | |
| Proceeds from issuance of common stock through the Employee Stock Purchase Plan | 91,000 | 93,000 | 334,000 | 0 | — | |
| Net cash provided by financing activities | 92 | 10 | −7 | 8 | 207 | |
| NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | 33 | −9 | −2 | 5 | −165,000 | |
| Cash paid for interest | 0 | 0 | 115,000 | 133,000 | 358,000 | |
| Cash paid (refunded) for income taxes, net | 58,000 | −2,000 | 16,000 | — | — | |
| Noncash debt issuance costs | 1 | 0 | — | — | — | |
| Stock issuance costs included in accounts payable and accrued liabilities | 108,000 | 198,000 | 0 | — | — | |
| Purchases of property and equipment included in accounts payable and accrued liabilities | 18,000 | 0 | 0 | 28,000 | 270,000 | |
| Operating lease liabilities extinguished upon termination of lease | 0 | 16 | 335,000 | 0 | — | |
| Operating lease right-of-use asset derecognized upon termination of lease | 0 | 10 | 0 | — | — | |
| Operating lease right-of-use assets obtained in exchange for lease obligation | 0 | 753,000 | 0 | 556,000 | 0 | |
| Stock issuance costs through issuance of common stock | 0 | 282,000 | 0 | — | — | |
| Proceeds from issuance of common stock in prepaid and other current assets | 0 | 2 | 0 | — | — |
Filings
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Frequently asked questions
What is AEye, Inc.'s CIK number?
AEye, Inc.'s SEC CIK number is 0001818644 (1818644). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find AEye, Inc.'s SEC filings?
All of AEye, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did AEye, Inc. last report earnings?
AEye, Inc. (LIDR) most recently filed an earnings 8-K with the SEC on May 13, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-055802). This is AEye, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is AEye, Inc.'s most recent earnings 8-K?
AEye, Inc.'s latest earnings 8-K (Item 2.02) was filed May 13, 2026 under accession 0001213900-26-055802. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View AEye, Inc.'s latest earnings 8-K →
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