Core Viewpoint - AEye is a technology company focused on lidar sensor solutions for advanced driver assistance and autonomous vehicle systems, facing challenges in revenue despite commercial progress [1][5]. Company Overview and Strategic Focus - AEye develops lidar-based sensing platforms for automotive, transportation, and smart infrastructure markets, with its 4Sight™ Intelligent Sensing Platform enabling adaptive sensing capabilities [3][10]. - The company emphasizes technological differentiation, strategic partnerships, and capital-light operations, with recent product milestones and contract wins [4][11]. Financial Performance - In Q2 2025, AEye reported a revenue of $22 thousand, down 31.3% from $32 thousand in Q2 2024, despite a potential $30 million contract opportunity [2][5]. - The company experienced a gross loss of $86 thousand, with operating expenses increasing to $8.6 million from $8.1 million in Q2 2024 [6][5]. - AEye's GAAP net loss was $9.3 million, up from $8.0 million in Q1 2025, indicating ongoing financial challenges [6]. Product Development and Partnerships - AEye's Apollo lidar platform has been fully integrated into the NVIDIA DRIVE AGX Orin system, enhancing access to new OEM opportunities [7]. - The company signed six new contracts in 2025, expanding its presence in both automotive and non-automotive sectors [8]. - AEye introduced OPTIS™, a sensing solution for airport security and logistics, further diversifying its product offerings [7][11]. Outlook and Future Considerations - Management expects cash burn to remain in the $27–$29 million range for the full year 2025, with no revenue or margin guidance provided [12]. - Key areas to monitor include the conversion of commercial wins into recognizable revenue and the management of operating expenses as commercialization ramps up [13].

Table of Contents As filed with the Securities and Exchange Commission on August 5, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 __________________________ AEYE, INC. (Exact name of registrant as specified in its charter) __________________________ Delaware 3714 37-1827430 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) ...