---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-24-000316"
form_type: "8-K"
ticker: "LIDR"
cik: "0001818644"
company_name: "AEye, Inc."
filed_at: "2024-03-26T23:59:59+00:00"
generated_at: "2026-06-04T07:58:46.160991+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AEye reports Q4 2023 GAAP net loss of $27.8M; signs LOI with global Tier 1 supplier

## Summary
- Revenue of $0.1M; GAAP EPS loss of $4.44 on 6.3M weighted shares; non-GAAP EPS loss of $1.10.
- Cash, cash equivalents, and marketable securities at $36.5M as of Dec 31, 2023, with runway into 2025.
- Third consecutive quarter of cash burn reduction; non-GAAP net loss beat guidance by $0.10.
- Signed LOI with a global Tier 1 automotive ADAS sensor supplier; unveiled Apollo lidar product.
- GAAP results impacted by non-cash impairment charges from industrial product line wind-down.

## SEC filing metadata
- accession: 0000947871-24-000316
- form_type: 8-K
- ticker: LIDR
- cik: 0001818644
- company_name: AEye, Inc.
- filed_at: 2024-03-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818644/000094787124000316/0000947871-24-000316-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818644/000094787124000316/ss3175926_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-24-000316
- JSON: https://secwatch.observer/filing/0000947871-24-000316.json
- Plain text: https://secwatch.observer/filing/0000947871-24-000316.txt

## Key facts
- Earnings Releases
  AEye, Inc. reported the fourth quarter and year ended December 31, 2023 results: revenue $0.1 million, net income $(27.8) million, or $(4.44) per share, EPS $(4.44) per share.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: $0.1 million
  - Net income: $(27.8) million, or $(4.44) per share
  - EPS: $(4.44) per share
  - Result: reported results
  source text: the company effected a 1-for-30 reverse stock split and all the financial information disclosed has been adjusted to account for the revised share count numbers. ● Revenue of $0.1 million in the fourth quarter of 2023. ● GAAP net loss was $(27.8) million, or $(4.44) per share, based on 6.3 million weighted average common shares outstanding. ● Non-GAAP net loss was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818644/000094787124000316/0000947871-24-000316-index.htm

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