---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-23-000325"
form_type: "8-K"
ticker: "LIDR"
cik: "0001818644"
company_name: "AEye, Inc."
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:20:18.982166+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AEye Q4 GAAP EPS -$0.15, FY -$0.63; CFO resigns effective March 31

## Summary
- Q4 revenue $1.1M; GAAP net loss $(23.7)M ($0.15/share), non-GAAP net loss $(17.5)M ($0.11/share).
- FY 2022 revenue $3.6M; GAAP net loss $(98.7)M ($0.63/share), non-GAAP net loss $(73.8)M ($0.47/share).
- Cash, cash equivalents, and marketable securities were $94.2M as of December 31, 2022.
- CFO Robert Brown resigns effective March 31, 2023 to pursue opportunity outside lidar industry; no disagreement.
- Conor Tierney (CAO) named interim CFO; salary $330k, bonus target 65%, awarded 1M RSUs vesting over 3 years.

## SEC filing metadata
- accession: 0000947871-23-000325
- form_type: 8-K
- ticker: LIDR
- cik: 0001818644
- company_name: AEye, Inc.
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818644/000094787123000325/0000947871-23-000325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818644/000094787123000325/ss1868717_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-23-000325
- JSON: https://secwatch.observer/filing/0000947871-23-000325.json
- Plain text: https://secwatch.observer/filing/0000947871-23-000325.txt

## Key facts
- Earnings Releases
  AEye, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $1.1 million, net income $(23.7) million, EPS $(0.15) per share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $1.1 million
  - Net income: $(23.7) million
  - EPS: $(0.15) per share
  - Result: reported results
  source text: Revenue of $1.1 million in the fourth quarter of 2022. ● GAAP net loss was $(23.7) million in the fourth quarter of 2022, or $(0.15) per share based on 161.2 million weighted average common shares outstanding.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818644/000094787123000325/0000947871-23-000325-index.htm
- Earnings Releases
  AEye, Inc. reported the full year ended December 31, 2022 results: revenue $3.6 million, net income $(98.7) million, EPS $(0.63) per share.
  - Period: the full year ended December 31, 2022
  - Revenue: $3.6 million
  - Net income: $(98.7) million
  - EPS: $(0.63) per share
  - Result: reported results
  source text: Revenue of $3.6 million in the year ended December 31, 2022. ● GAAP net loss was $(98.7) million in the year ended December 31, 2022, or $(0.63) per share based on 157.4 million weighted average common shares outstanding.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818644/000094787123000325/0000947871-23-000325-index.htm
- Executive change
  Conor B. Tierney was appointed as interim Chief Financial Officer at AEye, Inc..
  - Action: appointed
  - Role: interim Chief Financial Officer
  source text: On March 14, 2023, the Company’s Board of Directors appointed Conor B. Tierney, age 45, as the Company’s interim Chief Financial Officer, Treasurer, and principal financial officer, effective March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818644/000094787123000325/0000947871-23-000325-index.htm
- Executive change
  Robert A. Brown resigned as Chief Financial Officer at AEye, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On March 13, 2023, Robert A. Brown, our Chief Financial Officer, Treasurer, and principal financial officer, notified us of his intent to resign from his employment with the Company, effective March 31, 2023, to accept a position at an employer in an industry unrelated to the Company’s business.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818644/000094787123000325/0000947871-23-000325-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
