secwatch.observer — SEC 8-K summary
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Issuer:     AUDIOEYE INC (AEYE)
CIK:        0001362190
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001104659-23-058434
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362190/000110465923058434/0001104659-23-058434-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362190/000110465923058434/tm2315017d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-058434

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