Aeye Inc Financials

LIDRW

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Aeye Inc (LIDRW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 30/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Aeye Inc has an operating margin of -17736.6%, meaning the company retains $-17737 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -5995.6% the prior year.

Growth

Aeye Inc's revenue declined 86.2% year-over-year, from $1.5M to $202K. This contraction results in a growth score of 0/100.

Leverage

Aeye Inc carries a low D/E ratio of 0.79, meaning only $0.79 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 82/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 2.23, Aeye Inc holds $2.23 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 69/100.

Cash Flow

While Aeye Inc generated -$26.6M in operating cash flow, capex of $486K consumed most of it, leaving -$27.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

3/9

Aeye Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.75x

For every $1 of reported earnings, Aeye Inc generates $0.75 in operating cash flow (-$26.6M OCF vs -$35.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Revenue

$202K

YoY-86.2%

Aeye Inc generated $202K in revenue in fiscal year 2024. This represents a decrease of 86.2% from the prior year.

EBITDA

-$35.7M

YoY+58.6%

Aeye Inc's EBITDA was -$35.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 58.6% from the prior year.

Free Cash Flow

-$27.1M

YoY+48.5%

Aeye Inc generated -$27.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 48.5% from the prior year.

Net Income

-$35.5M

YoY+59.3%

Aeye Inc reported -$35.5M in net income in fiscal year 2024. This represents an increase of 59.3% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$10.3M

YoY-39.4%

5Y CAGR+233.2%

Aeye Inc held $10.3M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

14M

YoY+117.7%

Aeye Inc had 14M shares outstanding in fiscal year 2024. This represents an increase of 117.7% from the prior year.

Gross Margin

-285.2%

YoY+661.2pp

Aeye Inc's gross margin was -285.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 661.2 percentage points from the prior year.

Operating Margin

-17736.6%

YoY-11741.0pp

Aeye Inc's operating margin was -17736.6% in fiscal year 2024, reflecting core business profitability. This is down 11741.0 percentage points from the prior year.

Net Margin

-17554.5%

YoY-11603.2pp

Aeye Inc's net profit margin was -17554.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 11603.2 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$16.4M

YoY-37.4%

Aeye Inc invested $16.4M in research and development in fiscal year 2024. This represents a decrease of 37.4% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$486K

YoY-75.1%

Aeye Inc invested $486K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 75.1% from the prior year.

LIDRW Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$202K-86.2%	$1.5M-59.9%	$3.6M+21.3%	$3.0M+90.4%	$1.6M	N/A
Cost of Revenue	$778K-94.9%	$15.3M+75.4%	$8.7M+140.1%	$3.6M+350.1%	$808K	N/A
Gross Profit	-$576K+95.8%	-$13.9M-172.5%	-$5.1M-707.1%	-$630K-181.7%	$771K	N/A
R&D Expenses	$16.4M-37.4%	$26.2M-30.5%	$37.6M+41.8%	$26.5M+55.0%	$17.1M	N/A
SG&A Expenses	$18.3M-27.4%	$25.2M-31.4%	$36.8M+44.1%	$25.5M+177908.8%	$14K+14525.5%	$98
Operating Income	-$35.8M+59.2%	-$87.8M+11.2%	-$98.8M-56.3%	-$63.2M-138.8%	-$26.5M-4832381.8%	-$548
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$2K-103.5%	$57K-1.7%	$58K	$0	$0	N/A
Net Income	-$35.5M+59.3%	-$87.1M+11.7%	-$98.7M-51.8%	-$65.0M-144.9%	-$26.6M-4844973.0%	-$548
EPS (Diluted)	N/A	$-14.95+20.6%	$-18.82	$-0.60-130.8%	$-0.26	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$50K+127.3%	$22K-65.6%	$64K+39.1%	$46K+43.8%	$32K+60.0%	$20K-71.0%	$69K-63.3%	$188K
Cost of Revenue	$103K-4.6%	$108K+12.5%	$96K+95.9%	$49K-69.4%	$160K-39.2%	$263K-96.1%	$6.7M+48.9%	$4.5M
Gross Profit	-$53K+38.4%	-$86K-168.8%	-$32K-966.7%	-$3K+97.7%	-$128K+47.3%	-$243K+96.3%	-$6.6M-53.8%	-$4.3M
R&D Expenses	$3.1M-16.6%	$3.7M+5.2%	$3.5M-17.9%	$4.3M+10.8%	$3.8M-15.3%	$4.5M-12.5%	$5.2M-8.4%	$5.7M
SG&A Expenses	$4.1M-6.2%	$4.3M+50.2%	$2.9M-38.0%	$4.7M+10.6%	$4.2M-24.8%	$5.6M+13.3%	$5.0M-7.9%	$5.4M
Operating Income	-$7.8M+10.1%	-$8.7M-28.0%	-$6.8M+24.4%	-$9.0M-9.0%	-$8.3M+23.1%	-$10.7M+62.3%	-$28.5M-65.2%	-$17.2M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	$2K+150.0%	-$4K	$0-100.0%	$2K-85.7%	$14K+180.0%	$5K
Net Income	-$9.3M-0.6%	-$9.3M-15.6%	-$8.0M+6.2%	-$8.5M-7.0%	-$8.0M+21.8%	-$10.2M+63.2%	-$27.8M-63.0%	-$17.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	$-1.61+83.9%	$-10.02	$-0.09

LIDRW Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$27.1M-50.1%	$54.3M-59.3%	$133.3M-28.4%	$186.2M+619.2%	$25.9M+103440.0%	$25K
Current Assets	$25.2M-36.7%	$39.8M-62.3%	$105.5M-40.5%	$177.4M+810.4%	$19.5M+77828.0%	$25K
Cash & Equivalents	$10.3M-39.4%	$16.9M-11.2%	$19.1M+34.4%	$14.2M-7.1%	$15.3M+61000.0%	$25K
Inventory	$176K-69.8%	$583K-87.2%	$4.6M+11.5%	$4.1M+53.9%	$2.7M	N/A
Accounts Receivable	$11K-91.6%	$131K-78.8%	$617K-85.4%	$4.2M+2606.4%	$156K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$12.0M-52.6%	$25.3M-35.8%	$39.4M+126.4%	$17.4M-60.6%	$44.1M+875.8%	-$5.7M
Current Liabilities	$11.3M+12.8%	$10.0M-55.6%	$22.6M+66.3%	$13.6M-63.9%	$37.6M+1535016.4%	$2K
Long-Term Debt	N/A	N/A	$0	$0-100.0%	$2.9M	N/A
Total Equity	$15.1M-47.9%	$29.0M-69.1%	$94.0M-44.3%	$168.8M+1026.0%	-$18.2M-419.1%	$5.7M
Retained Earnings	-$373.1M-10.5%	-$337.6M-34.8%	-$250.5M-65.0%	-$151.8M-74.9%	-$86.8M-3543550.5%	-$2K

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$87.5M+296.1%	$22.1M-23.2%	$28.8M+6.2%	$27.1M-38.4%	$44.0M-3.1%	$45.4M-16.4%	$54.3M-32.8%	$80.9M
Current Assets	$86.2M+322.3%	$20.4M-24.3%	$27.0M+7.1%	$25.2M-16.6%	$30.2M-3.5%	$31.3M-21.3%	$39.8M-28.4%	$55.5M
Cash & Equivalents	$43.0M+1712.8%	$2.4M-54.9%	$5.3M-48.7%	$10.3M-8.5%	$11.2M+17.6%	$9.5M-43.7%	$16.9M-54.4%	$37.1M
Inventory	$884K+281.0%	$232K+129.7%	$101K-42.6%	$176K-53.9%	$382K-31.4%	$557K-4.5%	$583K-88.0%	$4.9M
Accounts Receivable	$56K+107.4%	$27K+350.0%	$6K-45.5%	$11K+57.1%	$7K-89.6%	$67K-48.9%	$131K-45.0%	$238K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$9.4M-21.5%	$11.9M+1.0%	$11.8M-1.7%	$12.0M-48.3%	$23.2M-1.3%	$23.5M-7.1%	$25.3M-8.1%	$27.5M
Current Liabilities	$8.1M-23.6%	$10.6M-1.7%	$10.8M-4.8%	$11.3M+26.6%	$8.9M-0.7%	$9.0M-10.3%	$10.0M-16.2%	$12.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$78.2M+667.9%	$10.2M-40.1%	$17.0M+12.4%	$15.1M-27.3%	$20.8M-5.1%	$21.9M-24.5%	$29.0M-45.6%	$53.3M
Retained Earnings	-$399.7M-2.4%	-$390.4M-2.4%	-$381.1M-2.1%	-$373.1M-4.8%	-$355.8M-2.3%	-$347.9M-3.0%	-$337.6M-9.0%	-$309.9M

LIDRW Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$26.6M+47.5%	-$50.7M+29.2%	-$71.6M-28.6%	-$55.7M-182.9%	-$19.7M	N/A
Capital Expenditures	$486K-75.1%	$2.0M-53.5%	$4.2M+311.4%	$1.0M-74.7%	$4.0M	N/A
Free Cash Flow	-$27.1M+48.5%	-$52.7M+30.6%	-$75.8M-33.7%	-$56.7M-139.1%	-$23.7M	N/A
Investing Cash Flow	$7.7M-86.0%	$55.4M-19.2%	$68.5M+145.2%	-$151.5M-3654.9%	-$4.0M	N/A
Financing Cash Flow	$10.1M+248.9%	-$6.8M-183.8%	$8.1M-96.1%	$207.1M+546.8%	$32.0M+127972.0%	$25K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	-$6.1M+4.2%	-$6.4M+18.6%	-$7.8M-62.4%	-$4.8M+24.4%	-$6.4M+19.4%	-$7.9M+14.5%	-$9.2M-1.7%	-$9.1M
Capital Expenditures	$38K+375.0%	$8K+33.3%	$6K-90.9%	$66K-55.1%	$147K+69.0%	$87K-83.6%	$530K-13.5%	$613K
Free Cash Flow	-$6.1M+3.7%	-$6.4M+18.5%	-$7.8M-60.3%	-$4.9M+25.1%	-$6.5M+18.4%	-$8.0M+18.2%	-$9.7M-0.7%	-$9.7M
Investing Cash Flow	-$24.5M-729.0%	$3.9M+145.4%	-$8.6M-286.3%	$4.6M+75.4%	$2.6M+613.3%	$368K+103.3%	-$11.1M-135.4%	$31.3M
Financing Cash Flow	$71.2M+16665.3%	-$430K-103.8%	$11.4M+146.5%	$4.6M-14.7%	$5.4M+4409.2%	$120K+41.2%	$85K+106.4%	-$1.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

LIDRW Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	-285.2%+661.2pp	-946.4%-807.0pp	-139.4%-118.5pp	-20.9%-69.8pp	48.8%	N/A
Operating Margin	-17736.6%-11741.0pp	-5995.6%-3286.3pp	-2709.3%-606.4pp	-2102.9%-425.8pp	-1677.1%	N/A
Net Margin	-17554.5%-11603.2pp	-5951.2%-3244.5pp	-2706.7%-544.7pp	-2162.0%-480.5pp	-1681.5%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-130.8%+29.6pp	-160.4%-86.4pp	-74.0%-39.1pp	-34.9%+67.7pp	-102.6%-100.4pp	-2.2%
Current Ratio	2.23-1.7	3.96-0.7	4.68-8.4	13.07+12.6	0.52-9.7	10.21
Debt-to-Equity	0.79-0.1	0.87+0.9	0.000.0	0.00+0.2	-0.16+0.8	-1.00
FCF Margin	-13418.8%-9820.7pp	-3598.1%-1518.3pp	-2079.8%-193.4pp	-1886.4%-383.9pp	-1502.5%	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	-106.0%+284.9pp	-390.9%-340.9pp	-50.0%-43.5pp	-6.5%+393.5pp	-400.0%+815.0pp	-1215.0%+8348.8pp	-9563.8%-7281.3pp	-2282.4%
Operating Margin	-15650.0%+23918.2pp	-39568.2%-28943.2pp	-10625.0%+8929.3pp	-19554.3%+6245.7pp	-25800.0%+27855.0pp	-53655.0%-12399.9pp	-41255.1%-32087.5pp	-9167.5%
Net Margin	-18660.0%+23476.4pp	-42136.4%-29611.4pp	-12525.0%+6057.6pp	-18582.6%+6376.8pp	-24959.4%+26135.6pp	-51095.0%-10831.2pp	-40263.8%-31195.7pp	-9068.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-10.7%+31.3pp	-41.9%-14.1pp	-27.8%+3.7pp	-31.5%-13.4pp	-18.1%+4.4pp	-22.5%+28.6pp	-51.1%-30.1pp	-21.1%
Current Ratio	10.66+8.7	1.93-0.6	2.50+0.3	2.23-1.2	3.38-0.1	3.48-0.5	3.96-0.7	4.64
Debt-to-Equity	0.12-1.1	1.17+0.5	0.69-0.1	0.79-0.3	1.11+0.0	1.07+0.2	0.87+0.4	0.52
FCF Margin	-12254.0%+16668.7pp	-28922.7%-16721.2pp	-12201.6%-1610.3pp	-10591.3%+9730.6pp	-20321.9%+19538.1pp	-39860.0%-25733.9pp	-14126.1%-8979.3pp	-5146.8%

Frequently Asked Questions

What is Aeye Inc's annual revenue?

Aeye Inc (LIDRW) reported $202K in total revenue for fiscal year 2024. This represents a -86.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Aeye Inc's revenue growing?

Aeye Inc (LIDRW) revenue declined by 86.2% year-over-year, from $1.5M to $202K in fiscal year 2024.

Is Aeye Inc profitable?

No, Aeye Inc (LIDRW) reported a net income of -$35.5M in fiscal year 2024, with a net profit margin of -17554.5%.

What is Aeye Inc's EBITDA?

Aeye Inc (LIDRW) had EBITDA of -$35.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Aeye Inc's gross margin?

Aeye Inc (LIDRW) had a gross margin of -285.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Aeye Inc's operating margin?

Aeye Inc (LIDRW) had an operating margin of -17736.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Aeye Inc's net profit margin?

Aeye Inc (LIDRW) had a net profit margin of -17554.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Aeye Inc's free cash flow?

Aeye Inc (LIDRW) generated -$27.1M in free cash flow during fiscal year 2024. This represents a 48.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Aeye Inc's operating cash flow?

Aeye Inc (LIDRW) generated -$26.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Aeye Inc's total assets?

Aeye Inc (LIDRW) had $27.1M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Aeye Inc's capital expenditures?

Aeye Inc (LIDRW) invested $486K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Aeye Inc spend on research and development?

Aeye Inc (LIDRW) invested $16.4M in research and development during fiscal year 2024.

How many shares does Aeye Inc have outstanding?

Aeye Inc (LIDRW) had 14M shares outstanding as of fiscal year 2024.

What is Aeye Inc's current ratio?

Aeye Inc (LIDRW) had a current ratio of 2.23 as of fiscal year 2024, which is generally considered healthy.

What is Aeye Inc's debt-to-equity ratio?

Aeye Inc (LIDRW) had a debt-to-equity ratio of 0.79 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Aeye Inc's return on assets (ROA)?

Aeye Inc (LIDRW) had a return on assets of -130.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Aeye Inc's cash runway?

Based on fiscal year 2024 data, Aeye Inc (LIDRW) had $10.3M in cash against an annual operating cash burn of $26.6M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Aeye Inc's Piotroski F-Score?

Aeye Inc (LIDRW) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Aeye Inc's earnings high quality?

Aeye Inc (LIDRW) has an earnings quality ratio of 0.75x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Aeye Inc?

Aeye Inc (LIDRW) scores 30 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.