AEye reports Q4 GAAP net loss $8.5M ($0.93/share); cash burn beat guidance at $4.8M

AEye, Inc.

GAAP net loss Q4 2024 $(8.5)M, $(0.93) per share; Non-GAAP net loss $(6.3)M ($0.69 per share).
Cash burn in Q4 was $4.8M, beating guidance of $4.9M; seventh consecutive quarter of beat.
Cash and equivalents $22.3M as of Dec 31, 2024; raised $12.7M in early 2025, extending runway to mid-2026.
FY2025 cash burn guidance of $25M, moderate increase to fund Apollo production ramp.
Apollo product launched at CES; production of first Apollo B samples begun.

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