secwatch.observer — SEC 8-K summary
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Issuer:     AEye, Inc. (LIDR)
CIK:        0001818644
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0000947871-23-000325
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818644/000094787123000325/0000947871-23-000325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818644/000094787123000325/ss1868717_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-23-000325

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer