---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-23-001050"
form_type: "8-K"
ticker: "LIDR"
cik: "0001818644"
company_name: "AEye, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:26:29.446167+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AEye Q3 2023 revenue $0.2M, GAAP net loss $17.0M, cash burn cut 50%, runway into 2025

## Summary
- Revenue of $0.2 million for Q3 2023; GAAP net loss $(17.0M) or $(0.09) per share on 184.1M shares.
- Non-GAAP net loss $(9.5M) or $(0.05) per share; beat guidance by $0.01 per share.
- Cash burn reduced ~50% since start of 2023; cash & securities $45.9M, runway extended into 2025.
- CEO says lidar market shift from tech battle to commercialization; company pursuing automotive-first strategy.

## SEC filing metadata
- accession: 0000947871-23-001050
- form_type: 8-K
- ticker: LIDR
- cik: 0001818644
- company_name: AEye, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818644/000094787123001050/0000947871-23-001050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818644/000094787123001050/ss2682909_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-23-001050
- JSON: https://secwatch.observer/filing/0000947871-23-001050.json
- Plain text: https://secwatch.observer/filing/0000947871-23-001050.txt

## Key facts
- Earnings Releases
  AEye, Inc. reported third quarter ended September 30, 2023 results: net income (17.0) million, EPS (0.09).
  - Period: third quarter ended September 30, 2023
  - Net income: (17.0) million
  - EPS: (0.09)
  - Result: reported results
  source text: Revenue of $0.2 million in the third quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818644/000094787123001050/0000947871-23-001050-index.htm
- Earnings Releases
  AEye, Inc. reported third quarter ended September 30, 2023 results: net income (17.0) million, EPS (0.09).
  - Period: third quarter ended September 30, 2023
  - Net income: (17.0) million
  - EPS: (0.09)
  - Result: reported results
  source text: GAAP net loss was $(17.0) million, or $(0.09) per share, based on 184.1 million weighted average common shares outstanding.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818644/000094787123001050/0000947871-23-001050-index.htm

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