secwatch.observer — SEC 8-K summary
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Issuer:     AUDIOEYE INC (AEYE)
CIK:        0001362190
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001104659-22-056447
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AudioEye reports record Q1 revenue $6.9M (+19% YoY); net loss widens to $3.6M
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- Total revenue record $6.9M, up 19% from $5.8M Q1 2021; ARR increased 22% to $28.1M.
- Net loss $(3.6M) or $(0.32) per share vs $(2.8M) loss a year ago; non-GAAP net loss $(1.4M).
- Cash $12.0M at March 31, 2022, down from $19.0M at Dec 31, 2021 due to $5M BOIA acquisition payment.
- Q2 2022 revenue guidance $7.4-$7.6M, representing ~25% year-over-year growth at midpoint.
- Customer count 74,000; CEO David Moradi permanently appointed in January after serving as interim.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362190/000110465922056447/0001104659-22-056447-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362190/000110465922056447/tm2214212d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-056447

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer