{"schema_version":"secwatch.filing_event.v1","accession":"0000947871-23-000389","form_type":"8-K","ticker":"LIDR","cik":"0001818644","company_name":"AEye, Inc.","filed_at":"2023-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.748538+00:00","generated_at":"2026-06-17T10:53:01.725047+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"AEye to cut workforce by ~33% (46 employees); expects $0.6-1.0M restructuring charge","bullets":["Reduction of approximately 46 full-time and part-time employees, effective April 3, 2023.","One-time restructuring charge of $0.6 to $1.0 million in Q1 2023, paid in cash in Q2.","Revised strategic plan to be announced in May 2023 earnings call, including further operating expense cuts.","Company previously discussed revised strategic plan on March 15, 2023 earnings call."],"urls":{"canonical":"https://secwatch.observer/filing/0000947871-23-000389","json":"https://secwatch.observer/filing/0000947871-23-000389.json","markdown":"https://secwatch.observer/filing/0000947871-23-000389.md","text":"https://secwatch.observer/filing/0000947871-23-000389.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818644/000094787123000389/0000947871-23-000389-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818644/000094787123000389/ss1917856_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T10:53:01.725047+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9201de8755b40cb82e35e81d29671544460166a7","claim":"AEye, Inc. announced a restructuring with charges of one-time restructuring charge in the first quarter of 2023, to be paid in cash in the second quarter, in the range of $0.6 to $1.0 million, primarily consisting affecting workforce (restructure and reduce its workforce by approximately one-third, effective April 3, 2023. The reduction-in-force impacts).","evidence_excerpt":"the Company announced today, March 28, 2023, that it will restructure and reduce its workforce by approximately one-third, effective April 3, 2023. The revised strategic plan to be announced in May is also expected to include other significant operating expense reductions. The reduction-in-force impacts approximately 46 full-time and part-time employees and is expected to be completed early in the second quarter of 2023. The Company expects to incur a one-time restructuring charge in the first quarter of 2023, to be paid in cash in the second quarter, in the range of $0.6 to $1.0 million, primarily consisting of personnel expenses, such as one-time separation payments and other benefits.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1818644/000094787123000389/0000947871-23-000389-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"one-time restructuring charge in the first quarter of 2023, to be paid in cash in the second quarter, in the range of $0.6 to $1.0 million, primarily consisting"},{"label":"Affected area","value":"workforce"},{"label":"Headcount","value":"restructure and reduce its workforce by approximately one-third, effective April 3, 2023. The reduction-in-force impacts"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}