---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-24-000470"
form_type: "8-K"
ticker: "LIDR"
cik: "0001818644"
company_name: "AEye, Inc."
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T01:09:09.046548+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AEye Q1 2024 GAAP net loss $10.2M; cash burn reduced 4th consecutive quarter

## Summary
- GAAP net loss of $(10.2)M, $(1.61) EPS; non-GAAP net loss $(7.2)M, $(1.13) EPS.
- Cash, cash equivalents and marketable securities $28.9M as of March 31, 2024.
- Fourth consecutive quarter of cash burn reduction; extends runway into 2025.
- Announced new Tier 1 partnership with LITEON for lidar; Apollo product hit technical milestone.
- Kicked off strategic partnership to enter China lidar market.

## SEC filing metadata
- accession: 0000947871-24-000470
- form_type: 8-K
- ticker: LIDR
- cik: 0001818644
- company_name: AEye, Inc.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818644/000094787124000470/0000947871-24-000470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818644/000094787124000470/ss3380344_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-24-000470
- JSON: https://secwatch.observer/filing/0000947871-24-000470.json
- Plain text: https://secwatch.observer/filing/0000947871-24-000470.txt

## Key facts
- Earnings Releases
  AEye, Inc. reported first quarter ended March 31, 2024 results: net income $(10.2) million, EPS $(1.61) per share.
  - Period: first quarter ended March 31, 2024
  - Net income: $(10.2) million
  - EPS: $(1.61) per share
  - Result: reported results
  source text: GAAP net loss was $(10.2) million, or $(1.61) per share, based on 6.4 million weighted average common shares outstanding.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818644/000094787124000470/0000947871-24-000470-index.htm

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