<span item_type="fundamental" item_id="45d252ae56081d7892169a700f248b40" counter_id="ST/US/LIDRW" env="prod"></span><span item_type="announcement" item_id="513934637195788289" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 64 K.</p><p>EPS: As of FY2025 Q1, the actual value is USD -0.46.</p><p></p><h3>Segment Revenue</h3><p>Revenue for the first quarter of 2025 was $64,000, compared to $20,000 in the first quarter of 2024, indicating a significant increase.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></p><h3>Operational Metrics</h3><ul><li>GAAP net loss for Q1 2025 was - $8.0 million, or - $0.46 per share, based on 17.4 million weighted average common shares outstanding.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></li><li>Non-GAAP net loss for Q1 2025 was - $5.8 million, or - $0.33 per share, based on 17.4 million weighted average common shares outstanding.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></li><li>Total operating expenses decreased from $10.5 million in Q1 2024 to $6.8 million in Q1 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></li><li>Loss from operations was - $6.8 million in Q1 2025, compared to - $10.7 million in Q1 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Cash burn excluding net financing proceeds in Q1 2025 was $8.0 million, expected to trend lower throughout 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></li><li>Net cash used in operating activities was - $7.8 million for Q1 2025, compared to - $7.9 million for Q1 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></li><li>Cash, cash equivalents, and marketable securities were $25.9 million as of March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Resolved lease litigation, successfully reducing the potential cash liability exposure from $6.4 million to $1.4 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></li></ul><h3>Outlook / Guidance</h3><p>AEye expects cash burn for the full year 2025 to be in the range of $27 million to $29 million, reflecting a one-time litigation settlement expense and potential cash repayment of a portion of the outstanding convertible note. Excluding these costs, the underlying cash burn rate is consistent with previous expectations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1818644/000094787125000464/ss4799875_ex9901.htm"></span></p>

AEye - CW27 | 8-K: FY2025 Q1 Revenue: USD 64 K