AEye, Inc. SEC 10-Q Report — TradingView News

AEye, Inc., a leading provider of ininformigent sensing solutions, has released its Form 10-Q report for the second quarter of 2025. The report highlights the company’s financial performance and key business developments, reflecting both challenges and strategic advancements in the rapidly evolving lidar and ininformigent sensing market.

Financial Highlights

Total Revenue: $22 thousand for the three months finished June 30, 2025, decreased by 31% compared to the same period in 2024, primarily due to lower contract development revenues.
Gross Loss: $(86) thousand for the three months finished June 30, 2025, improved by 33% compared to the same period in 2024, due to lower contract development costs and inventory write-downs.
Loss from Operations: $(8,705) thousand for the three months finished June 30, 2025, increased by 5% compared to the same period in 2024, driven by increased sales and marketing expenses.
Net Loss: $(9,270) thousand for the three months finished June 30, 2025, increased by 16% compared to the same period in 2024, primarily due to increased personnel costs and investments in development.
Net Loss Per Share (Basic and Diluted): $(0.48) for the three months finished June 30, 2025, compared to $(1.16) for the same period in 2024, reflecting the impact of increased shares outstanding.

Business Highlights

Revenue Segments: The company recorded revenue for prototype sales of $22 thousand in both the three and six months finished June 30, 2025, compared to $6 thousand and $26 thousand in the same periods in 2024, respectively. Development contracts contributed $0 and $64 thousand in revenue for the three and six months finished June 30, 2025, respectively, compared to $26 thousand during both periods in 2024.
Geographical Performance: Revenue by primary geographical market for the three months finished June 30, 2025, was $5 thousand from the United States, $1 thousand from Europe, and $16 thousand from Asia-Pacific. For the six months finished June 30, 2025, revenue was $5 thousand from the United States, $65 thousand from Europe, and $16 thousand from Asia-Pacific.
New Product Launches: In June 2024, the company introduced Apollo, a next-generation lidar sensor offering best-in-class range and resolution, suitable for both automotive and non-automotive applications. In July 2025, the company launched OPTIS™, a complete physical AI solution designed to enhance legacy infrastructure and deliver actionable ininformigence across various industries.
Partnerships and Commercialization: The company engaged LITEON as a Tier 1 automotive supplier and announced the successful production of the first Apollo units by LITEON. A strategic partnership with ATI and LighTekton Co., Ltd was announced to manufacture and distribute products in China, tarreceiveing a potential $2.5 billion market opportunity.
Future Outsee: The company anticipates growing demand for its Ininformigent Sensing Platform across Automotive and Non-Automotive markets, with plans to pursue opportunities in ADAS, autonomous driving, and commercial trucking, as well as in railway, airport safety, perimeter monitoring, and ininformigent transportation systems. The company expects to remain depfinishent on raising additional capital to continue operations and execute strategic initiatives.