AEye, Inc. — fact timeline

AEye, Inc. reported first quarter ended March 31, 2026 results: revenue approximately $101,000, net income $(8.3) million, or $(0.18) per share, EPS $(0.18) per share. Guidance reaffirmed.

“and the focus for the remainder of 2026 is unchanged: advance those deployments and build a durable revenue ramp.” Financial Highlights ● Q1 2026 revenue was approximately $101,000, up approximately 60% compared to $64,000 in Q1 2025, and roughly flat sequentially. ● GAAP net loss in Q1 2026 was $(8.3) million, or $(0.18) per share. ● Non-GAAP net loss in Q1”

Andrew S. Hughes resigned as General Counsel and Corporate Secretary at AEye, Inc..

“On May 4, 2026, Andrew S. Hughes, our General Counsel and Corporate Secretary, notified us of his intent to resign from his employment at AEye, Inc. (the “Company”), effective May 15, 2026, to accept a position at an employer in an unrelated industry.”

AEye, Inc. reported the 2025 full year period results: revenue approximately $230,000, net income $(34.0) million, EPS $(1.47) per share. Guidance initiated.

“Full-year 2025 revenue totaled approximately $230,000, up 15% year over year.”

AEye, Inc. reported the year and quarter ended December 31, 2025 results: revenue approximately $100,000, net income $(7.3) million, EPS $(0.17) per share. Guidance reaffirmed.

“as we expect our technology lead will continue to translate into firm volume commitments and a durable revenue ramp.” Financial Highlights ● Q4 2025 revenue was approximately $100,000, a 94% quarterly sequential increase. Full-year 2025 revenue totaled approximately $230,000, up 15% year over year. ● Cash burn excluding net financing proceeds in Q4 2025 was $7.5”

AEye, Inc. terminated Share Purchase Agreement with New Circle Principal Investments LLC (effective 2025-12-10).

“on December 10, 2025, AEye, Inc. (the “Company”) provided the required five trading day written notice to New Circle Principal Investments LLC (“New Circle”) to effectuate the voluntary termination (the “Termination”) of the Share Purchase Agreement, dated July 25, 2024, by and between the Company and New Circle (the “Share Purchase Agreement”), pursuant to which New Circle had committed to purchase, subject to certain limitations, up to $50 million of the Company’s common stock.”

Doron Simon was appointed as Class II Director at AEye, Inc..

“On April 29, 2025 (the “Appointment Date”), the Board of Directors (the “Board”) of AEye, Inc. appointed Doron Simon, effective as of the Appointment Date, as a Class II director”

Doron Simon was appointed as Class II director at AEye, Inc..

“On April 29, 2025 (the “Appointment Date”), the Board of Directors (the “Board”) of AEye, Inc. appointed Doron Simon, effective as of the Appointment Date, as a Class II director”

AEye, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“March 11, 2025, AEye, Inc. (the “Company”) received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, for the last 30 consecutive business days, the Company has not been in compliance with the $1.00 per share minimum bid price requirement for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). The notice has no immediate effect on the Company’s Nasdaq listing and its common stock will continue to be listed under the symbol “LIDR.” In accordance with Listing Rule 5810(c)(3)(A), the Company has a period”

AEye, Inc.: Amended Bylaws to address universal proxy rules, reduce quorum, and make other procedural changes (effective 2025-03-06).

“On March 6, 2025, the Board of Directors (the “Board”) of AEye, Inc. (the “Company”) adopted amendments, effective as of the date of adoption, to the Company’s Bylaws (the “Amended Bylaws”), which provided, among other things: · addressed matters relating to Rule 14a-19 under the Securities Exchange Act of 1934, as amended (the “Universal Proxy Rule”), including requiring that any stockholder submitting a nomination notice make a representation as to whether such stockholder intends to solicit proxies in support of director nominees, other than the Company’s nominees, in accordance with the Universal Proxy Rule; · added a requirement that any stockholder directly or indirectly soliciting proxies from other stockholders must use a proxy card color other than white, with the white proxy card being reserved for exclusive use by the Board; · reduced the quorum needed to hold a meeting of the Company’s stockholders from a majority of the shares entitled to vote at such meeting, represented”

AEye, Inc. shareholders rejected to approve an increase in the number of shares of Common Stock issuable under the Company’s 2021 Equity Incentive Plan by 950,000 shares at the 2024-05-15 meeting.

“Proposal Three – to approve an increase in the number of shares of Common Stock issuable under the Company’s 2021 Equity Incentive Plan by 950,000 shares: For Against Abstain Broker Non-votes 1,088,914 1,273,080 216,593 1,573,259 Proposal Three required the affirmative vote of the holders of a majority of the voting power of the shares of stock present at the Meeting or represented by proxy and entitled to vote thereon and was not approved by stockholders as set forth in the table above.”

AEye, Inc. shareholders approved to ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-05-15 meeting.

“Proposal Two – to ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024: For Against Abstain Broker Non-votes 2,388,236 1,518,442 245,168 0 Proposal Two required the affirmative vote of the holders of a majority of the voting power of the shares of stock present at the Meeting or represented by proxy and entitled to vote thereon and was approved by stockholders as set forth in the table above.”

AEye, Inc. shareholders approved to elect two (2) Class III directors, Prof. Dr. Bernd Gottschalk and Jonathon B. Husby at the 2024-05-15 meeting.

“Proposal One – to elect two (2) Class III directors, Prof. Dr. Bernd Gottschalk and Jonathon B. Husby, each to hold office until the Company’s 2027 Annual Meeting of Stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation, or removal: Nominee For Withheld Broker Non-votes Prof. Dr. Bernd Gottschalk 1,420,577 1,158,010 1,573,259 Jonathon B. Husby 1,409,240 1,169,347 1,573,259 Each nominee received the required affirmative vote of holders of a plurality of the votes cast and, therefore, each of the nominees was elected as a Class III director to hold office until the Company’s 2027 Annual Meeting of Stockholders, and until his successor is duly elected and qualified, or until his earlier death, resignation, or removal.”

AEye, Inc. reported first quarter ended March 31, 2024 results: net income $(10.2) million, EPS $(1.61) per share.

“GAAP net loss was $(10.2) million, or $(1.61) per share, based on 6.4 million weighted average common shares outstanding.”

AEye, Inc. engaged KPMG LLP as its auditor.

“(the “Company”) approved the appointment of KPMG LLP (“ KPMG ”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 and related interim periods. Concurrently, Deloitte & Touche LLP (“ Deloitte ”), was dismissed as the Company’s independent registered public accounting firm, effective immediately, on April 8, 2024. The audit report of Deloitte on the Company’s financial statements as of December 31, 2023 and December 31, 2022, did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope, or accounting principles. Furthermore, during the two most recent fiscal years ended December 31, 2023 and December 31, 2022, and the subsequent interim period through April 8, 2024, there were no disagreements with Deloitte on any matter of accounting principles or practices, financi”

AEye, Inc. dismissed Deloitte & Touche LLP as its auditor.

“Concurrently, Deloitte & Touche LLP (" Deloitte "), was dismissed as the Company’s independent registered public accounting firm, effective immediately, on April 8, 2024.”

AEye, Inc. reported the fourth quarter and year ended December 31, 2023 results: revenue $0.1 million, net income $(27.8) million, or $(4.44) per share, EPS $(4.44) per share.

“the company effected a 1-for-30 reverse stock split and all the financial information disclosed has been adjusted to account for the revised share count numbers. ● Revenue of $0.1 million in the fourth quarter of 2023. ● GAAP net loss was $(27.8) million, or $(4.44) per share, based on 6.3 million weighted average common shares outstanding. ● Non-GAAP net loss was”

Tirukkur R. Ramachandran resigned as Chief Operating Officer at AEye, Inc..

“On March 15, 2024, Tirukkur R. “T. R.” Ramachandran, our Chief Operating Officer, notified us of his resignation from employment at AEye, Inc. (the “Company”), effective April 5, 2024, to accept a position at an employer in an unrelated industry.”

AEye, Inc.: On December 26, 2023, AEye, Inc. filed a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation to effect a one-for-thirty reverse stock split of its common stock, effective December 26, 2023 (effective 2023-12-26).

“On December 26, 2023, AEye, Inc. (the “ Company ”) filed a Certificate of Amendment (the “ Certificate of Amendment ”) to the Company’s Second Amended and Restated Certificate of Incorporation, as amended, with the Secretary of State of the State of Delaware to effect a one-for-thirty reverse stock split (the “ Reverse Stock Split ”) of the issued shares of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”). The Reverse Stock Split became effective at 4:09 p.m. Eastern Time on December 26, 2023 (the “ Effective Time ”) in accordance with the terms of the Certificate of Amendment.”

AEye, Inc. shareholders approved Approve a series of ten alternative potential amendments to the Company's Second Amended and Restated Certificate of Incorporation to authorize the Board of Directors to effect a reverse stock split of the issued shares of our common stock, at ratios of one share for each multiple of five issued sha at the 2023-12-12 meeting.

“On December 12, 2023, the Company held a Special Meeting of Stockholders (the “Meeting”).”

AEye, Inc. reported third quarter ended September 30, 2023 results: net income (17.0) million, EPS (0.09).

“Revenue of $0.2 million in the third quarter of 2023.”

AEye, Inc. announced a restructuring with charges of in the range of $4.5 million to $6.5 million affecting industrial market (approximately 29 full-time and part-time employees).

“automotive products, while reducing fixed operating costs. The Company expects to record a one-time, pre-tax, non-cash inventory write-down and asset impairment in the range of $4.5 million to $6.5 million, principally consisting of inventory related to the industrial market as it focuses on scaling its automotive business, and a cash charge in the range of $2.0 to”

Luis C. Dussan was terminated as Chief Technology Officer at AEye, Inc..

“terminated the employment of Luis C. Dussan, the Company’s Chief Technology Officer, effective November 15, 2023.”

Jonathon B. Husby was appointed as Class III director at AEye, Inc..

“the Board of Directors (the “ Board ”) of AEye, Inc. (the “ Company ”) appointed Jonathon B. Husby, effective immediately, as a Class III director”

AEye, Inc. received a nasdaq deficiency notice notice regarding audit committee (rules 5605, 5605(c)(4)).

“September 13, 2023, AEye, Inc. (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (the “Nasdaq”) stating that, as a result of the previously disclosed resignation of Wen H. Hsieh from the Board of Directors of the Company (the “Board”) and the Audit Committee of the Board (the “Audit Committee”), effective August 15, 2023, the Company is no longer in compliance with Nasdaq Listing Rule 5605, which, in relevant part, requires the Audit Committee to consist of at least three members, each of whom must be an independent director under the Nasdaq Listing Rules and me”

Wen H. Hsieh resigned as Member of the Board of Directors and Audit Committee at AEye, Inc..

“On August 15, 2023, Wen H. Hsieh resigned, effective immediately, as a member of the Board of Directors of AEye, Inc. (the “Company”) and its Audit Committee.”

AEye, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“July 20, 2023, the Company was notified by Nasdaq that the Company had been granted a second 180-calendar day period, or until January 16, 2024 (the “Second Compliance Date”), to regain compliance and cure the deficiency, provided that the Company continues to meet the continued listing requirements of Nasdaq, other than the Bid Price Rule. This action has no immediate effect on the Company’s Nasdaq listing and its common stock will continue to be listed under the symbol “LIDR.” If the Company does not regain compliance with the Bid Price Rule prior to the Second Compliance Date, Nasdaq is exp”

Timothy J. Dunn was appointed as Lead Independent Director at AEye, Inc..

“and Timothy J. Dunn, as the Company's lead independent director.”

Matthew Fisch was appointed as Chairman of the Board at AEye, Inc..

“the Board appointed Matthew Fisch, the Company’s Chief Executive Officer, as the Chairman of the Board”

Carol DiBattiste resigned as Chairperson of the Board at AEye, Inc..

“Carol DiBattiste resigned as a member and Chairperson of the Board of Directors (the “Board”), and the Audit, Compensation, and Nominating and Corporate Governance Committees of AEye, Inc. (the “Company”), effective as of May 18, 2023, to accept a position with the U.S. Government.”

AEye, Inc. reported first quarter ended March 31, 2023 results: revenue $0.6 million, net income $(26.3) million, EPS $(0.16) per share.

“● Revenue of $0.6 million in the first quarter of 2023. ● GAAP net loss was $(26.3) million, or $(0.16) per share based on 165.9 million weighted average common shares outstanding.”

AEye, Inc. shareholders approved Approve an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to limit the liability of certain officers of the Company as permitted by recent amendments to Delaware law at the 2023-05-03 meeting.

“Proposal Five – to approve an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to limit the liability of certain officers of the Company as permitted by recent amendments to Delaware law: For Against Abstain Broker Non-votes 100,495,215 5,323,847 252,774 28,551,455 Proposal Five required the affirmative vote of the holders of a majority of the voting power of the shares entitled to vote on the subject matter and was approved by stockholders as set forth in the table above.”

AEye, Inc. shareholders approved Approve an increase in the number of shares of common stock issuable under the Company’s 2021 Equity Incentive Plan by 16,000,000 shares at the 2023-05-03 meeting.

“Proposal Four – to approve an increase in the number of shares of common stock issuable under the Company’s 2021 Equity Incentive Plan by 16,000,000 shares: For Against Abstain Broker Non-votes 83,776,792 22,129,173 165,871 28,551,455 Proposal Four required the affirmative vote of the holders of a majority of the voting power of the shares of stock present at the Meeting or represented by proxy and entitled to vote thereon and was approved by stockholders as set forth in the table above.”

AEye, Inc. shareholders approved Approve an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 300,000,000 to 600,000,000 at the 2023-05-03 meeting.

“Proposal Three – to approve an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to increase the number of authorized shares of the Company’s common stock from 300,000,000 to 600,000,000: For Against Abstain Broker Non-votes 117,762,493 16,690,566 170,232 0 Proposal Three required the affirmative vote of the holders of a majority of the voting power of the shares entitled to vote on the subject matter and was approved by stockholders as set forth in the table above.”

AEye, Inc. shareholders approved Ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-03 meeting.

“Proposal Two – to ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023: For Against Abstain Broker Non-votes 107,522,593 26,983,836 116,862 0 Proposal Two required the affirmative vote of the holders of a majority of the voting power of the shares of stock present at the Meeting or represented by proxy and entitled to vote thereon and was approved by stockholders as set forth in the table above.”

AEye, Inc. shareholders approved Election of two Class II directors, Luis C. Dussan and Matthew Fisch at the 2023-05-03 meeting.

“Proposal One – to elect two (2) Class II directors, Luis C. Dussan and Matthew Fisch, each to hold office until the Company’s 2026 Annual Meeting of Stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation, or removal: Nominee For Withheld Broker Non-votes Luis C. Dussan 102,223,433 3,848,403 28,551,455 Matthew Fisch 105,537,572 534,264 28,551,455 Each nominee received the required affirmative vote of holders of a plurality of the votes cast and, therefore, each of the nominees was elected as a Class II director to hold office until the Company’s 2026 Annual Meeting of Stockholders, and until his successor is duly elected and qualified, or until his earlier death, resignation, or removal.”

Conor B. Tierney was appointed as Chief Financial Officer at AEye, Inc..

“On May 1, 2023, the Board appointed Mr. Tierney as the Company’s Chief Financial Officer, Treasurer, and principal financial officer, removing the interim designation”

AEye, Inc. announced a restructuring with charges of one-time restructuring charge in the first quarter of 2023, to be paid in cash in the second quarter, in the range of $0.6 to $1.0 million, primarily consisting affecting workforce (restructure and reduce its workforce by approximately one-third, effective April 3, 2023. The reduction-in-force impacts).

“the Company announced today, March 28, 2023, that it will restructure and reduce its workforce by approximately one-third, effective April 3, 2023. The revised strategic plan to be announced in May is also expected to include other significant operating expense reductions. The reduction-in-force impacts approximately 46 full-time and part-time employees and is expected to be completed early in the second quarter of 2023. The Company expects to incur a one-time restructuring charge in the first quarter of 2023, to be paid in cash in the second quarter, in the range of $0.6 to $1.0 million, primarily consisting of personnel expenses, such as one-time separation payments and other benefits.”

AEye, Inc. reported the full year ended December 31, 2022 results: revenue $3.6 million, net income $(98.7) million, EPS $(0.63) per share.

“Revenue of $3.6 million in the year ended December 31, 2022. ● GAAP net loss was $(98.7) million in the year ended December 31, 2022, or $(0.63) per share based on 157.4 million weighted average common shares outstanding.”

AEye, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $1.1 million, net income $(23.7) million, EPS $(0.15) per share.

“Revenue of $1.1 million in the fourth quarter of 2022. ● GAAP net loss was $(23.7) million in the fourth quarter of 2022, or $(0.15) per share based on 161.2 million weighted average common shares outstanding.”

Conor B. Tierney was appointed as interim Chief Financial Officer at AEye, Inc..

“On March 14, 2023, the Company’s Board of Directors appointed Conor B. Tierney, age 45, as the Company’s interim Chief Financial Officer, Treasurer, and principal financial officer, effective March 31, 2023.”

Robert A. Brown resigned as Chief Financial Officer at AEye, Inc..

“On March 13, 2023, Robert A. Brown, our Chief Financial Officer, Treasurer, and principal financial officer, notified us of his intent to resign from his employment with the Company, effective March 31, 2023, to accept a position at an employer in an industry unrelated to the Company’s business.”

Blair LaCorte resigned as Chief Executive Officer at AEye, Inc..

“Blair LaCorte, the Company’s current CEO, provided written notice to the Board”

Matthew Fisch was appointed as Director at AEye, Inc..

“Matthew Fisch, age 54, has been appointed as the Company’s Chief Executive Officer (the “CEO”) and a member of the Company’s Board of Directors (the “Board”), effective as of February 13, 2023.”

Matthew Fisch was appointed as Chief Executive Officer at AEye, Inc..

“Matthew Fisch, age 54, has been appointed as the Company’s Chief Executive Officer (the “CEO”) and a member of the Company’s Board of Directors (the “Board”), effective as of February 13, 2023.”

Tirukkur R. "TR" Ramachandran was appointed as principal operating officer at AEye, Inc..

“On January 10, 2023, the Board of Directors of AEye, Inc. (the “Company”) appointed Tirukkur R. “TR” Ramachandran, age 52, the Company’s Chief Operating Officer, as the Company’s principal operating officer.”

Blair LaCorte departed as Chief Executive Officer at AEye, Inc..

“On December 10, 2022, Blair LaCorte, the Chief Executive Officer of AEye, Inc. (the “Company”), provided written notice to the Company’s Board of Directors (the “Board”) of his intention to resign as Chief Executive Officer and all other officer and subsidiary director positions held by him, other than his position as a member of the Board.”

AEye, Inc. reported third quarter ended September 30, 2022 results: revenue $0.8 million, net income GAAP net loss was $(23.6) million, EPS $(0.15) per share.

“Q3 2022 Financials ● Revenue of $0.8 million in the third quarter of 2022. ● GAAP net loss was $(23.6) million in the third quarter of 2022, or $(0.15) per share based on 159.3 million weighted average common shares outstanding.”

Thomas R. Tewell resigned as Chief Operating Officer at AEye, Inc..

“Thomas R. Tewell, our Chief Operating Officer, notified us of his resignation from employment at AEye, Inc. (the “Company”), effective August 26, 2022, to accept a position at an employer in an unrelated industry.”

Karl-Thomas Neumann resigned as Director at AEye, Inc..

“On May 10, 2022, Dr. Karl-Thomas Neumann resigned as a member of the Board of Directors and the Compensation Committee of AEye, Inc. (the “Company”).”

Sue Zeifman was appointed as Class I director at AEye, Inc..

“the Board of Directors (the “ Board ”) of AEye, Inc. (the “ Company ”) appointed Sue Zeifman, effective immediately, as a Class I director”