Aeye, Inc. ( (LIDR) ) has released its Q1 earnings. Here is a breakdown of the information Aeye, Inc. presented to its investors.
AEye, Inc. is a global leader in adaptive, high-performance lidar solutions, focusing on advanced driver-assistance systems, vehicle autonomy, smart infrastructure, and logistics applications. In its first-quarter 2025 earnings report, AEye highlighted significant milestones, including the operational status of its Apollo manufacturing line and its integration into NVIDIA’s DRIVE platform. The company also secured new customer engagements in the Intelligent Transportation Systems and Defense markets, showcasing the versatility of its products.
AEye reported a GAAP net loss of $8.0 million for the first quarter of 2025, with a non-GAAP net loss of $5.8 million. The company ended the quarter with $25.9 million in cash, cash equivalents, and marketable securities, and its potential liquidity stands at approximately $74 million. AEye’s cash burn for the quarter was $8.0 million, which is expected to decrease throughout the year.
Strategically, AEye is advancing its Apollo product through partnerships and customer engagements, positioning it for widespread adoption in ADAS and autonomous driving platforms. The company has raised $24 million over the past 14 months to support its growth initiatives and is focused on capturing demand across various industries.
Looking ahead, AEye’s management remains optimistic about the company’s growth trajectory, emphasizing its capital-light model and resilient supply chain as key factors in navigating global market dynamics. The company expects its cash burn for the full year 2025 to be in the range of $27 million to $29 million, factoring in one-time litigation settlement expenses.