---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-058434"
form_type: "8-K"
ticker: "AEYE"
cik: "0001362190"
company_name: "AUDIOEYE INC"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:05:08.367404+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AudioEye reports record Q1 revenue of $7.77M (+13% YoY); net loss narrows to $2.0M

## Summary
- Revenue record $7.77M, up 13% YoY; gross margin improved to 78% from 75%.
- Net loss $2.0M ($0.17 loss per share) vs $3.6M ($0.32) in Q1 2022.
- Non-GAAP net loss $0.1M ($0.00 per share); ARR $29.6M as of March 31, 2023.
- Customer count ~95,000, up from ~74,000 YoY; Q2 revenue guidance $7.8-7.9M.
- Launched AI accessibility initiative; appointed Katherine E. Fleming to board.

## SEC filing metadata
- accession: 0001104659-23-058434
- form_type: 8-K
- ticker: AEYE
- cik: 0001362190
- company_name: AUDIOEYE INC
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1362190/000110465923058434/0001104659-23-058434-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362190/000110465923058434/tm2315017d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-058434
- JSON: https://secwatch.observer/filing/0001104659-23-058434.json
- Plain text: https://secwatch.observer/filing/0001104659-23-058434.txt

## Key facts
- Earnings Releases
  AUDIOEYE INC reported first quarter ended March 31, 2023 results: revenue $7.77M, net income $2.0M, EPS $(0.17) per share. Guidance initiated.
  - Period: first quarter ended March 31, 2023
  - Revenue: $7.77M
  - Net income: $2.0M
  - EPS: $(0.17) per share
  - Guidance: initiated
  - Result: reported results
  source text: expect to have further announcements regarding additional AI capabilities and new products soon.” First Quarter 2023 Financial Results ● Total revenue increased 13% to a record $7.77M from $6.9M in the same prior year period. ● Gross profit increased to a record $6.1M (78% of total revenue) from $5.2M (75% of total revenue) in the same prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362190/000110465923058434/0001104659-23-058434-index.htm

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