Core Insights - AudioEye, Inc. reported a record revenue of $9.7 million for Q1 2025, marking a 20% increase from $8.1 million in the same period last year [6] - The company achieved an adjusted EBITDA of $1.9 million and an adjusted EPS of $0.15, compared to $0.9 million and $0.08 in the prior year [6] - AudioEye anticipates revenue between $9.85 million and $10.0 million for Q2 2025 and between $41.0 million and $42.0 million for the full year [4] Financial Performance - Total revenue increased by 20% to $9.7 million from $8.1 million year-over-year [6] - Gross profit rose to $7.7 million, representing 80% of total revenue, up from $6.3 million (78% of total revenue) in the prior year [6] - Operating expenses increased by 25% to $8.7 million, primarily due to higher selling and marketing expenses, litigation expenses, and depreciation [6] Cash Flow and Debt - The company expects to generate nearly $1 per share of run-rate free cash flow by Q4 2025, indicating over 40% year-over-year growth [2] - As of March 31, 2025, AudioEye had $8.3 million in cash and cash equivalents, up from $5.7 million at the end of 2024 [6] - AudioEye completed a new $20 million loan facility with Western Alliance Bank, which includes a $12 million term loan used to repay existing debt [6] Customer Metrics - As of March 31, 2025, AudioEye had approximately 119,000 customers, an increase of 7,000 from the previous year [6] - The customer count decreased by 8,000 from December 31, 2024, due to a contract renegotiation with an existing partner [6] Future Outlook - The company is optimistic about its business momentum, with a strong pipeline in both the U.S. and Europe [1] - AudioEye's financial outlook includes expectations for adjusted EBITDA of $1.9 million to $2.0 million for Q2 2025 and $9.0 million to $10.0 million for the full year [4]

Financial Data and Key Metrics Changes - In Q4 2024, gross margins improved to 80% and adjusted EBITDA margins reached a record 24% [6] - Revenue per employee increased to over $330,000 in Q4 2024 [6] - Q4 2024 revenue was $9,700,000, a 24% increase year-over-year and a 9% sequential increase [13] - For the full year 2024, revenue grew 12% to $35,200,000 from $31,300,000 [13] - Net loss in Q4 2024 was $1,500,000 or $0.12 per share, compared to a net loss of $500,000 or $0.04 per share in the same period last year [18] - Full year 2024 net loss was $4,300,000 or $0.36 per share, an improvement from a net loss of $5,900,000 or $0.50 per share in 2023 [18][19] Business Line Data and Key Metrics Changes - The partner and marketplace channel grew 14% year-over-year in Q4 2024, representing approximately 58% of ARR [13][14] - The enterprise channel contributed 42% of ARR in Q4 2024, with a total ARR of $36,600,000, a 17% increase year-over-year [14][15] - Customer count increased to approximately 127,000 by the end of Q4 2024, up from 126,000 in Q3 2024 and an increase of about 17,000 from the previous year [15] Market Data and Key Metrics Changes - The company is preparing for the European Accessibility Act (EAA) set to take effect in June 2025, which will require compliance from digital products and services [8] - The company anticipates demand in the EU to mirror the rollout of GDPR, which scaled over five years [9] Company Strategy and Development Direction - The company continues to invest in its product suite, significantly increasing AI automated detection capabilities [7] - Plans for further expansion in the EU market are underway, including hiring new account executives [8] - The company aims to maintain a "Rule of 40" status, balancing growth and profitability [12] Management's Comments on Operating Environment and Future Outlook - Management expects growth in revenue and adjusted EBITDA in 2025, with acceleration anticipated in the second half of the year [11] - Economic conditions are being considered in guidance, with a cautious outlook due to potential federal budget cuts and tariffs [58] Other Important Information - The company achieved record adjusted EBITDA of approximately $6,700,000 for the full year 2024, compared to $1,300,000 in 2023 [19] - A share repurchase program of up to $12,500,000 was authorized by the Board of Directors [19] Q&A Session Summary Question: Can you provide details on the EBITDA guidance for the year? - The guidance includes necessary investments for sales and marketing in Europe and the U.S. [22][24] Question: How are bookings from the partner channel performing? - Aggressive go-to-market plans are expected to contribute to growth in the second half of the year [28] Question: What trends are being observed in the enterprise channel? - Strong growth and improved close rates are being seen in the enterprise channel [35] Question: How is the company preparing for the European accessibility opportunity? - There is a significant increase in inbound demand and deal progression is being observed [37] Question: What is the balance between buybacks and debt reductions? - The company plans to balance buybacks with debt reductions, focusing on shareholder interests [44][45] Question: What are the retention rates compared to last year? - Gross retention rates are around 90%, showing stability year-over-year [47][48] Question: What challenges might arise if demand in Europe accelerates? - The primary challenge would be hiring sufficient sales personnel to meet demand [51][52]

Financial Performance - The company incurred a net loss of $4,254,000 for the year ended December 31, 2024, with an accumulated deficit of $95,746,000 as of the same date[44]. - The company has $5.7 million in cash as of December 31, 2024, and will require additional capital for future business development[46]. - The company has a history of generating significant losses and may not achieve consistent profitability in the future[44]. Competition and Market Risks - The company is subject to significant competition from larger, better-financed companies, which may impact its ability to achieve profitability[59]. - The company must navigate weakened global economic conditions that may impact its business and results[49]. - If the company fails to adapt to changing market conditions and customer requirements, it could lose customers and market share[80]. Strategic Opportunities and Acquisitions - The company may pursue strategic opportunities, including acquisitions, which could involve significant management resources and costs[52]. - The company acquired ADA Site Compliance on September 27, 2024, but faces risks in successfully integrating the business and achieving expected benefits[62]. - Expansion into new products and markets presents additional risks, including potential lower profitability and challenges in customer adoption[74]. Legal and Regulatory Risks - The company faces risks related to litigation, which could adversely affect its financial position and results of operations[50]. - The company may face increased legal proceedings related to intellectual property rights, which could adversely affect its financial condition and operations[69]. - The current legal environment remains unclear, and there is a risk of unintentional violations of laws that could impact the company's offerings[70]. - The company may face risks related to government contracts, including audits and potential penalties for violations[78]. Operational Risks - The company relies on its intellectual property rights for competitive advantage, but faces challenges in protecting these rights[63]. - The growth of online services, IoT, and next-generation applications is critical for the company's success, but there are risks that this growth may not occur as expected[71]. - System interruptions and lack of redundancy could lead to reduced net sales and negatively affect the attractiveness of the company's products and services[75]. - The company’s success is dependent on its employees, including senior management, and any delays in execution due to new personnel could impact business strategies[73]. Stockholder and Market Considerations - The company does not expect to pay dividends to common stockholders in the foreseeable future, affecting potential investor returns[93]. - The company has approximately 12,285,000 shares of common stock issued and outstanding as of December 31, 2024[108]. - The company has outstanding options to purchase an aggregate of approximately 36,000 shares of common stock and restricted stock units covering approximately 1,315,000 shares[108]. - As of January 31, 2025, directors and executive officers beneficially owned approximately 29% of the aggregate voting power of the company's outstanding shares[113]. - The company must maintain a minimum amount of stockholders' equity and a minimum number of holders of its securities to avoid delisting from the Nasdaq Capital Market[99]. - The company has historically experienced limited trading volume and significant price volatility, which may reduce liquidity[98]. - The company is subject to reporting obligations under the Securities Exchange Act of 1934, which places significant demands on its resources[112]. - The company may face substantial costs and management time consumption if it fails to maintain effective internal controls over financial reporting[97]. - The company’s common stock may be subject to delisting if it fails to meet the continuing listing criteria of the Nasdaq Capital Market[99]. - The issuance of additional shares may dilute existing stockholders' interests and reduce the market price of the common stock[110]. - The company’s stock price may decline if analysts publish unfavorable research or cease coverage[111].

Revenue Growth - Total revenue for Q4 2024 increased 24% to a record $9.7 million from $7.9 million in the same prior year period[6] - Total revenue for the full year 2024 increased 12% to a record $35.2 million from $31.3 million in 2023[6] - Revenue for Q4 2024 was $9,723,000, a 23.5% increase from $7,869,000 in Q4 2023[30] - For 2025, the company is guiding revenue between $41 million and $42 million, representing an 18% growth at the midpoint[3] Adjusted EBITDA and Earnings - Adjusted EBITDA for Q4 2024 was a record $2.3 million, with an adjusted EPS of $0.18 per share, compared to adjusted EBITDA of $1.3 million and adjusted EPS of $0.11 per share in the same prior year period[6] - The company expects adjusted EBITDA for 2025 to be between $9 million and $10 million, indicating a 41% growth at the midpoint[3] - Adjusted EBITDA for Q4 2024 was $2,291,000, representing an Adjusted EBITDA margin of 24%, compared to 17% in Q4 2023[33] - Adjusted earnings per diluted share for Q4 2024 was $0.18, up from $0.11 in Q4 2023[33] Customer Growth - The company had approximately 127,000 customers as of December 31, 2024, an increase of 17,000 from December 31, 2023[12] Operating Expenses - In Q4 2024, total operating expenses increased 36% to $9.1 million, primarily due to increased selling and marketing expenses and litigation costs[6] - Total operating expenses for Q4 2024 were $9,081,000, compared to $6,665,000 in Q4 2023, reflecting a 36.3% increase[30] Financial Position - Total assets increased to $29,766,000 as of December 31, 2024, from $25,495,000 in 2023, marking a growth of 17.8%[32] - Cash and cash equivalents decreased to $5,651,000 in 2024 from $9,236,000 in 2023, a decline of 38.5%[32] Capital Raising - The company completed an at-the-market offering in Q4 2024, raising approximately $7 million at an average share price of $24.65[12] Product Development - AudioEye launched new role-based courses on its accessibility learning platform, AudioEyeQ, in February 2025[12] Net Loss - Net loss for Q4 2024 was $1,488,000, compared to a net loss of $533,000 in Q4 2023, indicating a deterioration in performance[30] Forward-Looking Statements - The company anticipates providing forward-looking non-GAAP financial measures for adjusted EBITDA and adjusted EPS guidance for Q1 and full year 2025[27]

Financial Data and Key Metrics Changes - The company achieved record revenue of $8.93 million in Q3 2024, up from $8.47 million in Q2 2024, representing a sequential growth of 5.4% and an annualized growth rate of 21% [7] - Adjusted EBITDA margin improved from 17% in Q2 2024 to 23% in Q3 2024, with adjusted EBITDA reaching a record $2 million [8][32] - Annual recurring revenue (ARR) increased to $36.2 million, a $2.9 million sequential increase, driven by growth in both Enterprise and Partner channels [24] Business Line Data and Key Metrics Changes - The Partner and Marketplace channel grew 13% year-over-year and 5% sequentially, contributing 59% of total revenue [25] - The Enterprise channel grew organically by 14% year-over-year and 5% sequentially, accounting for 41% of revenue [26] - The company reduced non-GAAP operating expenses by 10% year-over-year while increasing gross margin to 80% [8][28] Market Data and Key Metrics Changes - Customer count increased to approximately 126,000, an 18% increase from 107,000 customers a year ago [27] - The company is seeing increased inbound demand related to upcoming accessibility mandates in Europe set for June 2025 [48] Company Strategy and Development Direction - The company is focusing on expanding partnerships with Finalsite and CivicPlus to penetrate their customer bases over the next three years, which could significantly increase revenue [10][12] - The acquisition of ADA Site Compliance is expected to enhance the company's offerings and revenue base, with a goal of integrating their customers into AudioEye's platform [13][14] - The launch of the Accessibility Protection Status aims to provide customers with a clearer understanding of their risk profile, enhancing the company's competitive edge [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence that regulatory changes will not negatively impact the company's operations, particularly regarding Title II and HHS regulations [37] - The company is optimistic about maintaining and potentially increasing gross margins due to product mix and operational efficiencies [49] - Full-year revenue guidance has been increased to between $35.2 million and $35.3 million, with Q4 revenue expected to be between $9.7 million and $9.8 million [21][22] Other Important Information - The company achieved HIPAA compliance and SOC 2 Type 2 certification, reinforcing its commitment to data protection and security [20] - Free cash flow for Q3 2024 was $1.6 million, with expectations for continued growth in Q4 [34] Q&A Session Summary Question: Clarification on penetration of Finalsite and CivicPlus - Management confirmed that full penetration would mean all customers buying the product, potentially adding tens of millions in revenue [36] Question: Impact of new administration on regulatory environment - Management does not foresee any rollback of current regulations affecting the business [38] Question: Integration of ADA Site Compliance - Management sees significant revenue growth potential from the integration, similar to past acquisitions [42] Question: Scalability of partnerships and implementation challenges - Management believes the business model is highly scalable and does not anticipate issues with implementation [44] Question: Future of gross margin - Management is optimistic about maintaining and potentially expanding gross margins due to efficiencies and product mix [49]

PART I - FINANCIAL INFORMATION [Item 1. Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) This section presents AudioEye, Inc.'s unaudited consolidated financial statements for periods ending September 30, 2024, and December 31, 2023, including balance sheets, statements of operations, stockholders' equity, and cash flows, with detailed notes on accounting policies and significant events [Consolidated Balance Sheets](index=3&type=section&id=Consolidated%20Balance%20Sheets) This subsection provides a snapshot of the company's assets, liabilities, and stockholders' equity at specific points in time | (in thousands) | September 30, 2024 | December 31, 2023 | | :--------------- | :----------------- | :------------------ | | **ASSETS** | | | | Total current assets | $11,396 | $14,776 | | Total assets | $29,390 | $25,495 | | **LIABILITIES AND STOCKHOLDERS' EQUITY** | | | | Total current liabilities | $13,610 | $11,529 | | Total liabilities | $22,038 | $18,788 | | Total stockholders' equity | $7,352 | $6,707 | | Total liabilities and stockholders' equity | $29,390 | $25,495 | - Total assets increased by **$3.895 million (15.3%)** from December 31, 2023, to September 30, 2024, primarily driven by increases in intangible assets and goodwill, likely due to the ADA Site Compliance acquisition[5](index=5&type=chunk)[46](index=46&type=chunk) - Total liabilities increased by **$3.250 million (17.3%)** over the same period, largely due to a new Note Payable of **$2.348 million** and an increase in deferred revenue[5](index=5&type=chunk)[76](index=76&type=chunk) [Consolidated Statements of Operations](index=5&type=section&id=Consolidated%20Statements%20of%20Operations) This subsection details the company's revenues, expenses, and net income or loss over specific reporting periods | (in thousands, except per share data) | Three months ended Sep 30, 2024 | Three months ended Sep 30, 2023 | Nine months ended Sep 30, 2024 | Nine months ended Sep 30, 2023 | | :------------------------------------ | :------------------------------ | :------------------------------ | :----------------------------- | :----------------------------- | | Revenue | $8,925 | $7,838 | $25,478 | $23,446 | | Gross profit | $7,102 | $6,050 | $20,130 | $18,169 | | Operating loss | $(991) | $(1,390) | $(2,119) | $(5,472) | | Net loss | $(1,202) | $(1,355) | $(2,766) | $(5,339) | | Net loss per common share-basic and diluted | $(0.10) | $(0.11) | $(0.23) | $(0.46) | - Revenue increased by **14%** for the three months and **9%** for the nine months ended September 30, 2024, compared to the prior year periods[6](index=6&type=chunk)[102](index=102&type=chunk) - Net loss decreased by **11%** for the three months and **48%** for the nine months ended September 30, 2024, indicating improved financial performance[6](index=6&type=chunk) [Consolidated Statements of Stockholders' Equity](index=6&type=section&id=Consolidated%20Statements%20of%20Stockholders'%20Equity) This subsection outlines changes in the equity section of the balance sheet, including common stock, additional paid-in capital, and accumulated deficit | (in thousands) | Balance, Dec 31, 2023 | Balance, Sep 30, 2024 | | :--------------- | :-------------------- | :-------------------- | | Common Shares | 11,711 | 12,034 | | Common stock Amount | $1 | $1 | | Additional Paid-in Capital | $96,182 | $101,609 | | Accumulated Deficit | $(89,476) | $(94,258) | | Total | $6,707 | $7,352 | - Total stockholders' equity increased by **$645 thousand** from December 31, 2023, to September 30, 2024, primarily due to an increase in additional paid-in capital from common stock issuances, partially offset by net losses and common stock repurchases[8](index=8&type=chunk)[115](index=115&type=chunk)[116](index=116&type=chunk) [Consolidated Statements of Cash Flows](index=8&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) This subsection details the cash inflows and outflows from operating, investing, and financing activities over specific periods | (in thousands) | Nine months ended Sep 30, 2024 | Nine months ended Sep 30, 2023 | | :--------------- | :----------------------------- | :----------------------------- | | Net cash provided by (used in) operating activities | $2,166 | $(515) | | Net cash used in investing activities | $(4,603) | $(1,654) | | Net cash used in financing activities | $(1,321) | $(1,461) | | Net decrease in cash | $(3,758) | $(3,630) | | Cash-end of period | $5,478 | $3,274 | - Net cash provided by operating activities significantly improved to **$2.166 million** for the nine months ended September 30, 2024, compared to a net cash used of **$(515) thousand** in the prior year, driven by increased revenue and cost efficiencies[13](index=13&type=chunk)[120](index=120&type=chunk) - Cash used in investing activities increased to **$(4.603) million** for the nine months ended September 30, 2024, primarily due to the acquisition of ADA Site Compliance[13](index=13&type=chunk)[121](index=121&type=chunk) - Cash used in financing activities decreased to **$(1.321) million** for the nine months ended September 30, 2024, mainly due to capital raised from an ATM offering, partially offset by common stock repurchases and contingent consideration payouts[13](index=13&type=chunk)[122](index=122&type=chunk) [Notes to Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements%20(unaudited)) This subsection provides detailed explanations and additional information supporting the consolidated financial statements [NOTE 1 — BASIS OF PRESENTATION](index=9&type=section&id=NOTE%201%20%E2%80%94%20BASIS%20OF%20PRESENTATION) The unaudited interim consolidated financial statements are prepared in accordance with U.S. GAAP and SEC rules, including all necessary recurring adjustments for fair presentation, though interim results are not necessarily indicative of full-year performance - Financial statements are unaudited and prepared in accordance with U.S. GAAP and SEC rules for interim reporting[15](index=15&type=chunk)[16](index=16&type=chunk) - Interim results are not necessarily indicative of full-year performance[16](index=16&type=chunk) [NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES](index=9&type=section&id=NOTE%202%20%E2%80%94%20SUMMARY%20OF%20SIGNIFICANT%20ACCOUNTING%20POLICIES) This note outlines the Company's significant accounting policies, including the use of estimates, revenue recognition, deferred costs, business combinations, debt accounting, employee stock purchase plan, stock-based compensation, earnings per share, stock repurchases, and recent accounting pronouncements [Use of Estimates](index=9&type=section&id=Use%20of%20Estimates) This subsection explains that management's financial reporting relies on estimates and assumptions that affect reported amounts - Management makes estimates and assumptions affecting reported amounts, including stock-based compensation, allowance for doubtful accounts, intangible assets, and contingent consideration[18](index=18&type=chunk) [Revenue Recognition](index=9&type=section&id=Revenue%20Recognition) This subsection details how the company recognizes revenue from its SaaS delivery model and professional services - Revenue is primarily derived from SaaS delivery model and professional services, recognized in accordance with ASC 606[19](index=19&type=chunk)[20](index=20&type=chunk) - SaaS and support (subscription) revenue is recognized ratably over the contractual term, while non-subscription revenue (PDF remediation, one-time reporting) is recognized upon delivery[22](index=22&type=chunk)[23](index=23&type=chunk) | (in thousands) | Nine months ended Sep 30, 2024 | Nine months ended Sep 30, 2023 | | :--------------- | :----------------------------- | :----------------------------- | | Partner and Marketplace | $14,930 | $13,365 | | Enterprise | $10,548 | $10,081 | | Total revenues | $25,478 | $23,446 | | (in thousands) | September 30, 2024 | December 31, 2023 | | :--------------- | :----------------- | :------------------ | | Deferred revenue - current | $7,587 | $6,472 | | Deferred revenue - noncurrent | $8 | $10 | | Total deferred revenue | $7,595 | $6,482 | - One customer accounted for approximately **15%** and **16%** of total revenue for the three and nine months ended September 30, 2024, respectively[25](index=25&type=chunk) [Deferred Costs (Contract Acquisition Costs)](index=11&type=section&id=Deferred%20Costs%20(Contract%20Acquisition%20Costs)) This subsection describes the capitalization and amortization of costs incurred to acquire customer contracts - Initial and renewal sales commissions are capitalized and amortized over the expected period of benefit (contract term)[27](index=27&type=chunk) | (in thousands) | September 30, 2024 | December 31, 2023 | | :--------------- | :----------------- | :------------------ | | Deferred costs – current | $19 | $20 | | Deferred costs - noncurrent | $50 | $2 | | Total deferred costs | $69 | $22 | - Amortization expense for sales commissions was **$27 thousand** for the nine months ended September 30, 2024, a decrease from **$49 thousand** in the prior year period[28](index=28&type=chunk) [Business Combinations](index=12&type=section&id=Business%20Combinations) This subsection explains the accounting treatment for assets acquired, liabilities assumed, and contingent consideration in business combinations - Assets acquired, liabilities assumed, and contingent consideration in business combinations are recorded at estimated fair value on the acquisition date, with adjustments recognized in earnings[29](index=29&type=chunk) [Debt Discount and Debt Issuance Costs](index=12&type=section&id=Debt%20Discount%20and%20Debt%20Issuance%20Costs) This subsection outlines the capitalization and amortization of costs associated with debt issuance - Costs related to debt issuance (debt discount and issuance costs) are capitalized and amortized to interest expense over the debt term using the effective interest method[31](index=31&type=chunk) [Employee Stock Purchase Plan](index=12&type=section&id=Employee%20Stock%20Purchase%20Plan) This subsection describes the company's Employee Stock Purchase Plan, including eligibility and share availability - The ESPP, approved in May 2022, allows eligible employees to purchase common stock at **85% of fair market value**, with **18,960 shares issued** and **481,040 shares remaining available** as of September 30, 2024[32](index=32&type=chunk) [Stock-Based Compensation](index=14&type=section&id=Stock-Based%20Compensation) This subsection details the accounting for stock options, restricted stock units (RSUs), and common stock issued as compensation - Stock-based compensation for options, RSUs, and common stock is expensed over the vesting period, with fair value measured on the grant date using Black-Scholes or Monte Carlo simulation models[33](index=33&type=chunk)[34](index=34&type=chunk)[35](index=35&type=chunk)[36](index=36&type=chunk) | (in thousands) | Three months ended Sep 30, 2024 | Three months ended Sep 30, 2023 | Nine months ended Sep 30, 2024 | Nine months ended Sep 30, 2023 | | :--------------- | :------------------------------ | :------------------------------ | :----------------------------- | :----------------------------- | | Options | $0 | $20 | $5 | $136 | | RSUs | $1,077 | $826 | $2,743 | $2,713 | | Unrestricted shares of common stock | $113 | $40 | $291 | $180 | | Employee stock purchase plan | $0 | $0 | $9 | $6 | | Total | $1,190 | $886 | $3,048 | $3,035 | - Unrecognized stock-based compensation expense for outstanding RSUs totaled **$4.925 million** as of September 30, 2024, to be recognized through July 2027[37](index=37&type=chunk) [Earnings (Loss) Per Share ("EPS")](index=15&type=section&id=Earnings%20(Loss)%20Per%20Share%20(%22EPS%22)) This subsection explains the calculation of basic and diluted earnings per share, including the treatment of anti-dilutive securities - Basic EPS is calculated by dividing net income (loss) by weighted average common shares outstanding; diluted EPS adjusts for potential dilutive common stock issuances, but these are excluded when a net loss exists (anti-dilutive)[38](index=38&type=chunk) | (in thousands) | September 30, 2024 | September 30, 2023 | | :--------------- | :----------------- | :----------------- | | Options | 76 | 115 | | Restricted stock units | 1,402 | 1,840 | | Total | 1,478 | 1,955 | [Stock Repurchases](index=15&type=section&id=Stock%20Repurchases) This subsection provides details on the company's share repurchase program and the amount of shares repurchased - The Board approved a **$5 million** share repurchase program through December 31, 2025; in the nine months ended September 30, 2024, **$2.02 million** was used to repurchase shares, leaving **$1.86 million** remaining[41](index=41&type=chunk)[115](index=115&type=chunk) [Recent Accounting Pronouncements](index=15&type=section&id=Recent%20Accounting%20Pronouncements) This subsection discusses the impact of recently issued accounting standards on the company's financial statements - The Company plans to adopt ASU 2023-09 (Income Taxes) in fiscal year 2025, which will not affect consolidated results of operations, financial position, or cash flows[43](index=43&type=chunk)[44](index=44&type=chunk) [NOTE 3 — ACQUISITIONS](index=16&type=section&id=NOTE%203%20%E2%80%94%20ACQUISITIONS) This note details the acquisition of ADA Site Compliance, LLC, including consideration, purchase price allocation, and transaction costs, along with an update on the settlement of contingent consideration for the Bureau of Internet Accessibility Inc. acquisition [ADA Site Compliance, LLC](index=16&type=section&id=ADA%20Site%20Compliance,%20LLC) This subsection provides details on the acquisition of ADA Site Compliance, LLC, including the purchase price and allocation of assets and liabilities - On September 27, 2024, AudioEye acquired ADA Site Compliance, LLC for approximately **$7.0 million**, consisting of **$3.4 million cash**, **$2.35 million** in unsecured promissory notes, and an estimated **$1.25 million** in contingent consideration[45](index=45&type=chunk) | (in thousands) | Amount | | :--------------- | :----- | | **Assets purchased:** | | | Cash | $284 | | Accounts receivable | $400 | | Other assets | $15 | | Customer relationships | $5,100 | | Goodwill | $2,614 | | Total assets purchased | $8,413 | | **Liabilities assumed:** | | | Accounts payable and accrued liabilities | $331 | | Deferred revenue | $1,077 | | Total liabilities assumed | $1,408 | | Net assets acquired | $7,005 | | **Consideration:** | | | Cash paid | $3,407 | | Note payable | $2,348 | | Contingent consideration liability | $1,250 | | Total consideration | $7,005 | - The acquisition resulted in **$5.1 million** in customer relationships (amortized over 8 years) and **$2.614 million** in goodwill[46](index=46&type=chunk)[47](index=47&type=chunk) - Transaction costs of **$394 thousand** related to the acquisition were incurred and included in General and administrative expenses for the three and nine months ended September 30, 2024[50](index=50&type=chunk) | (in thousands) | Three months ended Sep 30, 2024 (Pro Forma) | Three months ended Sep 30, 2023 (Pro Forma) | Nine months ended Sep 30, 2024 (Pro Forma) | Nine months ended Sep 30, 2023 (Pro Forma) | | :--------------- | :------------------------------------------ | :------------------------------------------ | :----------------------------------------- | :----------------------------------------- | | Revenue | $9,471 | $8,408 | $27,127 | $24,981 | | Net loss attributed to common shareholders | $(660) | $(1,264) | $(1,994) | $(5,110) | [Bureau of Internet Accessibility Inc.](index=18&type=section&id=Bureau%20of%20Internet%20Accessibility%20Inc.) This subsection provides an update on the settlement of contingent consideration from the prior acquisition of Bureau of Internet Accessibility Inc - In the second quarter of 2024, AudioEye made a **$2.387 million** cash payment to fully settle the contingent consideration from the BOIA acquisition[55](index=55&type=chunk) - Amortization expense for acquired intangible assets totaled **$522 thousand** for the nine months ended September 30, 2024, compared to **$536 thousand** in the prior year[57](index=57&type=chunk) - The Company recorded **$12 thousand** in income related to the change in fair value of contingent consideration for the nine months ended September 30, 2024, compared to an expense of **$(200) thousand** in the prior year[58](index=58&type=chunk) [NOTE 4 — LEASE LIABILITIES AND RIGHT OF USE ASSETS](index=20&type=section&id=NOTE%204%20%E2%80%94%20LEASE%20LIABILITIES%20AND%20RIGHT%20OF%20USE%20ASSETS) This note details the Company's lease arrangements, including the expiration of finance leases, the recognition and accounting for operating leases for office spaces, and a summary of lease payments and expenses [Finance Leases](index=20&type=section&id=Finance%20Leases) This subsection discusses the company's finance lease obligations, which expired in the second quarter of 2024 - Finance leases for computer equipment expired in Q2 2024, resulting in zero outstanding obligations as of September 30, 2024[60](index=60&type=chunk) [Operating Leases](index=20&type=section&id=Operating%20Leases) This subsection details the company's operating lease arrangements for office spaces, including recognition, terms, and associated expenses - Operating lease right-of-use assets and liabilities are recognized based on the present value of lease payments, using an estimated incremental borrowing rate of **6.0%**[61](index=61&type=chunk)[69](index=69&type=chunk) - The Company has operating leases for office space in Tucson (ends Oct 2025) and New York (ends Dec 2026), and entered into month-to-month sublease in Miami Beach and shared office space agreements in other locations[62](index=62&type=chunk)[63](index=63&type=chunk) - Operating lease payments were **$305 thousand** for the nine months ended September 30, 2024, down from **$396 thousand** in the prior year[65](index=65&type=chunk) | (in thousands) | Operating Leases | | :--------------- | :--------------- | | Year ending December 31, 2024 (3 months remaining) | $53 | | 2025 | $219 | | 2026 | $225 | | Total minimum lease payments | $497 | | Less: present value discount | $(34) | | Total lease liabilities | $463 | | Current portion of lease liabilities | $194 | | Long term portion of lease liabilities | $269 | | (in thousands) | Nine months 2024 | Nine months 2023 | | :--------------- | :--------------- | :--------------- | | Total Finance lease expense | $6 | $27 | | Operating lease expense | $221 | $388 | | Short-term lease and related expenses | $318 | $204 | | Total lease expenses | $545 | $619 | [NOTE 5 — DEBT](index=21&type=section&id=NOTE%205%20%E2%80%94%20DEBT) This note details the Company's debt obligations, including a **$7.0 million** term loan with SG Credit Partners, Inc., its interest rate, fees, and financial covenants, and the **$2.4 million** unsecured promissory notes issued for the ADA Site Compliance acquisition [Term Loan](index=21&type=section&id=Term%20Loan) This subsection provides details on the company's **$7.0 million** term loan, including its terms, fees, and compliance with financial covenants - A **$7.0 million** term loan was entered into on November 30, 2023, with SG Credit Partners, Inc., maturing on November 30, 2026, at an interest rate of **6.25%** above the base rate (greater of prime or **7.00%**)[70](index=70&type=chunk) - The loan includes a **$105 thousand** commitment fee and a **$105 thousand** exit fee, recorded as debt discount, and **$71 thousand** in third-party issuance costs[71](index=71&type=chunk)[72](index=72&type=chunk) - An amendment to the Loan Agreement on September 27, 2024, allowed for earn-out and Note Payable payments related to the ADA Site Compliance acquisition, subject to liquidity covenants[73](index=73&type=chunk) - The Company was in compliance with all financial covenants, including minimum liquidity (**$2.0 million**) and monthly recurring revenue levels, as of September 30, 2024[74](index=74&type=chunk) - As of September 30, 2024, the outstanding principal balance of the term loan was **$7.0 million**[75](index=75&type=chunk) [Note Payable](index=23&type=section&id=Note%20Payable) This subsection details the unsecured promissory notes issued in connection with the ADA Site Compliance acquisition - Unsecured non-interest bearing promissory notes totaling **$2.4 million** were issued on September 27, 2024, for the ADA Site Compliance acquisition, maturing sixty days from issuance[76](index=76&type=chunk) - The outstanding principal balance of the Note Payable was **$2.348 million** as of September 30, 2024[76](index=76&type=chunk) [NOTE 6 — COMMITMENTS AND CONTINGENCIES](index=23&type=section&id=NOTE%206%20%E2%80%94%20COMMITMENTS%20AND%20CONTINGENCIES) The Company may be involved in routine disputes, but management believes the resolution of such matters is not likely to have a material adverse effect on its financial position or results of operations - Management believes that the resolution of any potential litigation is not likely to have a material adverse effect on financial position or results of operations[77](index=77&type=chunk) [NOTE 7 — SUBSEQUENT EVENTS](index=23&type=section&id=NOTE%207%20%E2%80%94%20SUBSEQUENT%20EVENTS) The Company evaluated subsequent events after September 30, 2024, and identified no events requiring recognition or disclosure in the consolidated financial statements - No material subsequent events were identified after September 30, 2024[78](index=78&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=24&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) This section provides management's perspective on AudioEye's financial condition and results of operations, including an executive overview of business performance, detailed analysis of revenue and expenses, key operating metrics, liquidity and capital resources, and critical accounting policies, highlighting the Company's focus on digital accessibility solutions, recent regulatory updates, and the impact of strategic acquisitions [Cautionary Note Regarding Forward-Looking Statements](index=24&type=section&id=Cautionary%20Note%20Regarding%20Forward-Looking%20Statements) This subsection advises readers that the report contains forward-looking statements subject to risks and uncertainties, and the company disclaims any obligation to update them - The report contains forward-looking statements subject to known and unknown risks and uncertainties, which could cause actual results to differ materially[80](index=80&type=chunk)[81](index=81&type=chunk) - Readers are cautioned not to rely on these statements, and the Company disclaims any obligation to update them[82](index=82&type=chunk) [AudioEye Solutions](index=25&type=section&id=AudioEye%20Solutions) This subsection describes AudioEye's core offerings, which include always-on testing, remediation, and monitoring solutions for WCAG conformance and accessibility law compliance - AudioEye provides an always-on testing, remediation, and monitoring solution to improve WCAG conformance and comply with accessibility laws, addressing various disabilities[84](index=84&type=chunk) - The Company's intellectual property includes **23 issued patents** in the U.S. and **3 pending applications**, with plans for continued investment in R&D[85](index=85&type=chunk) [Legal and Regulatory Framework Update](index=25&type=section&id=Legal%20and%20Regulatory%20Framework%20Update) This subsection provides an update on recent regulatory changes impacting web and mobile application accessibility requirements - The U.S. Department of Justice (DOJ) and Department of Health and Human Services (HHS) published new rules in April and May 2024, respectively, adding specific web and mobile application accessibility requirements under Title II of the ADA and Section 504 of the Rehabilitation Act[87](index=87&type=chunk) [Executive Overview](index=25&type=section&id=Executive%20Overview) This subsection provides a high-level summary of AudioEye's business performance, strategic focus, and key financial and operational highlights - AudioEye is a leading digital accessibility platform focused on product innovation, revenue expansion, and expense management[88](index=88&type=chunk) - Total revenue increased by **9%** for the nine months ended September 30, 2024, over the prior year[90](index=90&type=chunk) - Annual Recurring Revenue (ARR) was approximately **$36.2 million** as of September 30, 2024, representing a **19%** year-over-year increase[90](index=90&type=chunk)[113](index=113&type=chunk) - Customer count increased by **18%** to **126,000** at September 30, 2024, from **107,000** in the prior year[91](index=91&type=chunk) - Partner and Marketplace channel revenue grew **12%** and represented **58% of ARR**, while Enterprise channel revenue grew **5%** and represented **42% of ARR** for the nine months ended September 30, 2024[92](index=92&type=chunk) - Total research and development cost decreased due to the completion of significant initiatives[94](index=94&type=chunk) [Results of Operations](index=27&type=section&id=Results%20of%20Operations) This section provides a detailed comparison of financial performance for the three and nine months ended September 30, 2024, versus 2023, analyzing changes in revenue by sales channel, cost of revenue, gross profit, and operating expenses (selling and marketing, research and development, general and administrative), as well as interest income/expense [Revenue](index=28&type=section&id=Revenue) This subsection analyzes the company's revenue performance, broken down by Partner and Marketplace and Enterprise channels | (in thousands) | Three months ended Sep 30, 2024 | Three months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :------------------------------ | :------------------------------ | :------- | :------- | | Partner and Marketplace | $5,226 | $4,605 | $621 | 13% | | Enterprise | $3,699 | $3,233 | $466 | 14% | | Total revenues | $8,925 | $7,838 | $1,087 | 14% | | (in thousands) | Nine months ended Sep 30, 2024 | Nine months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :----------------------------- | :----------------------------- | :------- | :------- | | Partner and Marketplace | $14,930 | $13,365 | $1,565 | 12% | | Enterprise | $10,548 | $10,081 | $467 | 5% | | Total revenues | $25,478 | $23,446 | $2,032 | 9% | - The increase in Partner and Marketplace revenue was primarily due to continued expansion with existing partners, while Enterprise channel revenue growth was driven by an increase in Enterprise customers[102](index=102&type=chunk) [Cost of Revenue and Gross Profit](index=28&type=section&id=Cost%20of%20Revenue%20and%20Gross%20Profit) This subsection examines the cost of generating revenue and the resulting gross profit for the reporting periods - Cost of revenue remained consistent year-over-year for both the three and nine months ended September 30, 2024[104](index=104&type=chunk) - Gross profit increased by **17%** for the three months and **11%** for the nine months ended September 30, 2024, driven by increased revenue[104](index=104&type=chunk) [Selling and Marketing Expenses](index=29&type=section&id=Selling%20and%20Marketing%20Expenses) This subsection analyzes changes in expenses related to sales and marketing activities | (in thousands) | Three months ended Sep 30, 2024 | Three months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :------------------------------ | :------------------------------ | :------- | :------- | | Selling and marketing | $3,148 | $2,891 | $257 | 9% | | (in thousands) | Nine months ended Sep 30, 2024 | Nine months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :----------------------------- | :----------------------------- | :------- | :------- | | Selling and marketing | $9,122 | $9,387 | $(265) | (3)% | - Selling and marketing expenses increased by **9%** for the three months ended September 30, 2024, due to higher third-party marketing and stock compensation expense, but decreased by **3%** for the nine months due to reductions in online media and third-party marketing[106](index=106&type=chunk) [Research and Development Expenses](index=29&type=section&id=Research%20and%20Development%20Expenses) This subsection details the company's expenditures on research and development, including capitalized costs | (in thousands) | Three months ended Sep 30, 2024 | Three months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :------------------------------ | :------------------------------ | :------- | :------- | | Research and development expense | $1,151 | $1,955 | $(804) | (41)% | | Plus: Capitalized research and development cost | $432 | $482 | $(50) | (10)% | | Total research and development cost | $1,583 | $2,437 | $(854) | (35)% | | (in thousands) | Nine months ended Sep 30, 2024 | Nine months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :----------------------------- | :----------------------------- | :------- | :------- | | Research and development expense | $3,694 | $5,734 | $(2,040) | (36)% | | Plus: Capitalized research and development cost | $1,379 | $1,481 | $(102) | (7)% | | Total research and development cost | $5,073 | $7,215 | $(2,142) | (30)% | - Research and development expense decreased by **41%** for the three months and **36%** for the nine months ended September 30, 2024, primarily due to lower personnel costs following the completion of significant R&D initiatives[108](index=108&type=chunk) [General and Administrative Expenses](index=30&type=section&id=General%20and%20Administrative%20Expenses) This subsection analyzes changes in general and administrative costs, including transaction and litigation expenses | (in thousands) | Three months ended Sep 30, 2024 | Three months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :------------------------------ | :------------------------------ | :------- | :------- | | General and administrative | $3,794 | $2,594 | $1,200 | 46% | | (in thousands) | Nine months ended Sep 30, 2024 | Nine months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :----------------------------- | :----------------------------- | :------- | :------- | | General and administrative | $9,433 | $8,520 | $913 | 11% | - General and administrative expenses increased by **46%** for the three months and **11%** for the nine months ended September 30, 2024, mainly due to transaction costs from the ADA Site Compliance acquisition and higher litigation expenses (**$840 thousand** for Q3, **$1.339 million** for YTD)[110](index=110&type=chunk) [Interest Income (Expense)](index=30&type=section&id=Interest%20Income%20(Expense)) This subsection examines the company's net interest income or expense for the reporting periods | (in thousands) | Three months ended Sep 30, 2024 | Three months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :------------------------------ | :------------------------------ | :------- | :------- | | Interest income (expense), net | $(211) | $35 | $(246) | (703)% | | (in thousands) | Nine months ended Sep 30, 2024 | Nine months ended Sep 30, 2023 | Change $ | Change % | | :--------------- | :----------------------------- | :----------------------------- | :------- | :------- | | Interest income (expense), net | $(647) | $133 | $(780) | (586)% | - Net interest expense increased significantly for both periods due to interest on the term loan borrowed in Q4 2023, partially offset by interest income from money market funds[111](index=111&type=chunk) [Other Key Operating Metrics](index=30&type=section&id=Other%20Key%20Operating%20Metrics) This subsection highlights Annual Recurring Revenue (ARR) as a critical indicator of the company's ongoing business performance - Annual Recurring Revenue (ARR) is a key operating metric, defined as the annualized recurring fee from active contracts in both Enterprise and Partner and Marketplace channels[112](index=112&type=chunk)[113](index=113&type=chunk) - As of September 30, 2024, ARR was **$36.2 million**, a **19%** increase year-over-year, driven by growth in both sales channels[113](index=113&type=chunk) [Liquidity and Capital Resources](index=31&type=section&id=Liquidity%20and%20Capital%20Resources) This section discusses the Company's working capital position, cash flows from operating, investing, and financing activities, and its ability to meet short-term and long-term obligations, highlighting the impact of the ADA Site Compliance acquisition, share repurchase program, ATM offering, and contingent consideration payments on liquidity [Working Capital](index=31&type=section&id=Working%20Capital) This subsection analyzes the company's working capital position and its ability to meet short-term obligations | (in thousands) | September 30, 2024 | December 31, 2023 | | :--------------- | :----------------- | :------------------ | | Current assets | $11,396 | $14,776 | | Current liabilities | $(13,610) | $(11,529) | | Working capital | $(2,214) | $3,247 | - Working capital decreased by **$5.5 million** to **$(2.214) million** as of September 30, 2024, primarily due to the ADA Site Compliance acquisition (**$3.1 million** initial payment, **$2.3 million** noncurrent note payable)[114](index=114&type=chunk) - The Company had **$5.478 million** in cash as of September 30, 2024[114](index=114&type=chunk) - The Company believes it has sufficient liquidity to continue as a going concern through the next twelve months, but there is no assurance of raising additional capital in the future[118](index=118&type=chunk)[119](index=119&type=chunk) [Cash Flows](index=31&type=section&id=Cash%20Flows) This subsection provides a detailed analysis of cash flows from operating, investing, and financing activities - Cash provided by operating activities increased to **$2.166 million** for the nine months ended September 30, 2024, from cash used of **$(515) thousand** in the prior year, due to increased revenue and cost efficiencies[120](index=120&type=chunk) - Cash used in investing activities increased to **$(4.603) million** due to the ADA Site Compliance acquisition (**$3.1 million** net payment)[121](index=121&type=chunk) - Cash used in financing activities decreased to **$(1.321) million**, primarily due to **$3.473 million** raised from an ATM offering, partially offset by **$2.02 million** in common stock repurchases and **$2.387 million** in contingent consideration payouts for the BOIA acquisition[122](index=122&type=chunk) [Critical Accounting Policies and Estimates](index=33&type=section&id=Critical%20Accounting%20Policies%20and%20Estimates) This subsection confirms that there have been no material changes to the company's critical accounting policies and estimates since its last annual report - No material changes to critical accounting policies and estimates (stock-based compensation, goodwill, intangible assets, contingent consideration) were reported since the 2023 Form 10-K[124](index=124&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=33&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This subsection states that the disclosures about market risk are not applicable for the current report - This section is not applicable for the current report[125](index=125&type=chunk) [Item 4. Controls and Procedures](index=33&type=section&id=Item%204.%20Controls%20and%20Procedures) This section confirms the effectiveness of the Company's disclosure controls and procedures as of September 30, 2024, and states that there were no material changes in internal controls over financial reporting during the quarter [Evaluation of Disclosure Controls and Procedures](index=33&type=section&id=Evaluation%20of%20Disclosure%20Controls%20and%20Procedures) This subsection confirms the effectiveness of the company's disclosure controls and procedures as of the reporting date - The Company's disclosure controls and procedures were evaluated and deemed effective as of September 30, 2024, providing reasonable assurance of achieving desired control objectives[125](index=125&type=chunk)[126](index=126&type=chunk) [Changes in Internal Controls over Financial Reporting](index=33&type=section&id=Changes%20in%20Internal%20Controls%20over%20Financial%20Reporting) This subsection states that no material changes in internal controls over financial reporting occurred during the quarter - No material changes in internal control over financial reporting occurred during the quarter ended September 30, 2024[127](index=127&type=chunk) PART II - OTHER INFORMATION [Item 1. Legal Proceedings](index=36&type=section&id=Item%201.%20Legal%20Proceedings) The Company may be involved in routine disputes, but management believes that the resolution of any such matters is not likely to have a material adverse effect on its financial position or results of operations - Management believes that the resolution of any legal proceedings is not likely to have a material adverse effect on the Company's financial position or results of operations[130](index=130&type=chunk) [Item 1A. Risk Factors](index=36&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the risk factors previously disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 - No material changes to the risk factors set forth in the 2023 Form 10-K[131](index=131&type=chunk) [Item 2. Issuer Purchases of Equity Securities](index=36&type=section&id=Item%202.%20Issuer%20Purchases%20of%20Equity%20Securities) This section provides information on the Company's repurchases of common stock during the three months ended September 30, 2024, including shares surrendered by employees for tax obligations and the remaining authorization under the share repurchase program | Period | Total Number of Shares Purchased (Employee transactions) | Average Price per Share (Employee transactions) | | :---------------- | :--------------------------------------- | :------------------------------------ | | July 1 - July 31 | 2,006 | $20.68 | | August 1 - August 31 | 5,990 | $22.50 | | September 1 - September 30 | 10,704 | $21.71 | | Total | 18,700 | $21.85 | - As of September 30, 2024, **$1.86 million** remained available under the **$5 million** share repurchase program authorized through December 31, 2025[132](index=132&type=chunk)[133](index=133&type=chunk) [Item 6. Exhibits](index=37&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed with the Form 10-Q, including organizational documents, acquisition agreements, loan amendments, certifications, and XBRL interactive data files - Key exhibits include the Restated Certificate of Incorporation, By-Laws, Membership Interest Purchase Agreement for ADA Site Compliance, First Amendment to Loan and Security Agreement, and various certifications[134](index=134&type=chunk) [SIGNATURES](index=38&type=section&id=SIGNATURES) The report is duly signed on November 7, 2024, by David Moradi, Principal Executive Officer, and Kelly Georgevich, Principal Financial Officer, on behalf of AudioEye, Inc - The report was signed by David Moradi, Principal Executive Officer, and Kelly Georgevich, Principal Financial Officer, on November 7, 2024[135](index=135&type=chunk)[136](index=136&type=chunk)

Exhibit 99.1 AudioEye Reports Record Third Quarter 2024 Results Thirty-Fifth Consecutive Period of Record Revenue TUCSON, Ariz. — November 7, 2024 — AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the industry-leading digital accessibility company, reported financial results for the third quarter ended September 30, 2024. "Sequential revenues grew by an annualized growth rate of 21% while adjusted EBITDA margin improved by 600 basis points sequentially to 23%. In the quarter, we exceeded the 'R ...

Exhibit 99.1 AudioEye Reports Record Second Quarter 2024 Results Thirty-Fourth Consecutive Period of Record Revenue TUCSON, Ariz. — July 25, 2024 — AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the industry-leading digital accessibility company, reported financial results for the second quarter ended June 30, 2024. "For the second quarter, sequential revenues grew at an annualized growth rate of 19%, and adjusted EBITDA margin was 17%. Business momentum is strong, and we are increasing revenu ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is AudioEye (AEYE) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.AudioEye is one of 616 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sect ...

Table of Contents Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the last 90 days. Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant ...