$AEYE
AUDIOEYE INC

2021 Q2 Form 10-Q Financial Statement

#000110465921103588 Filed on August 11, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $6.021M $5.283M
YoY Change 13.97% 116.52%
Cost Of Revenue $1.512M $1.607M
YoY Change -5.91% 43.48%
Gross Profit $4.509M $3.676M
YoY Change 22.66% 180.61%
Gross Profit Margin 74.89% 69.58%
Selling, General & Admin $6.297M $4.261M
YoY Change 47.78% 33.99%
% of Gross Profit 139.65% 115.91%
Research & Development $1.307M $265.0K
YoY Change 393.21% 76.67%
% of Gross Profit 28.99% 7.21%
Depreciation & Amortization $320.0K $210.0K
YoY Change 52.38% 16.67%
% of Gross Profit 7.1% 5.71%
Operating Expenses $7.604M $4.526M
YoY Change 68.01% 35.51%
Operating Profit -$3.095M -$850.0K
YoY Change 264.12% -58.13%
Interest Expense -$5.000K -$56.00K
YoY Change -91.07%
% of Operating Profit
Other Income/Expense, Net $1.311M -$557.0K
YoY Change -335.37%
Pretax Income -$1.784M -$1.410M
YoY Change 26.52% -30.2%
Income Tax
% Of Pretax Income
Net Earnings -$1.784M -$1.407M
YoY Change 26.79% -30.35%
Net Earnings / Revenue -29.63% -26.63%
Basic Earnings Per Share
Diluted Earnings Per Share -$162.3K -$157.7K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.75M $2.130M
YoY Change 1062.02% -23.93%
Cash & Equivalents $24.75M $2.130M
Short-Term Investments
Other Short-Term Assets $595.0K $410.0K
YoY Change 45.12% 24.24%
Inventory
Prepaid Expenses
Receivables $3.762M $4.020M
Other Receivables $0.00 $0.00
Total Short-Term Assets $29.11M $6.570M
YoY Change 343.04% 74.27%
LONG-TERM ASSETS
Property, Plant & Equipment $153.0K $870.0K
YoY Change -82.41% -21.62%
Goodwill $701.0K
YoY Change
Intangibles $2.483M
YoY Change
Long-Term Investments
YoY Change
Other Assets $66.00K $120.0K
YoY Change -45.0% 0.0%
Total Long-Term Assets $3.911M $3.390M
YoY Change 15.37% -10.08%
TOTAL ASSETS
Total Short-Term Assets $29.11M $6.570M
Total Long-Term Assets $3.911M $3.390M
Total Assets $33.02M $9.960M
YoY Change 231.52% 32.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.175M $2.510M
YoY Change 26.49% 258.57%
Accrued Expenses $240.0K $220.0K
YoY Change 9.09% 15.79%
Deferred Revenue $5.972M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $60.00K
YoY Change -100.0% 50.0%
Total Short-Term Liabilities $9.456M $8.460M
YoY Change 11.77% 116.92%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $1.340M
YoY Change -100.0% 2133.33%
Other Long-Term Liabilities $338.0K $710.0K
YoY Change -52.39% -28.28%
Total Long-Term Liabilities $0.00 $2.050M
YoY Change -100.0% 95.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.456M $8.460M
Total Long-Term Liabilities $0.00 $2.050M
Total Liabilities $9.865M $10.51M
YoY Change -6.14% 111.9%
SHAREHOLDERS EQUITY
Retained Earnings -$61.63M
YoY Change
Common Stock $1.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $23.15M -$546.0K
YoY Change
Total Liabilities & Shareholders Equity $33.02M $9.960M
YoY Change 231.52% 32.1%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$1.784M -$1.407M
YoY Change 26.79% -30.35%
Depreciation, Depletion And Amortization $320.0K $210.0K
YoY Change 52.38% 16.67%
Cash From Operating Activities -$583.0K -$740.0K
YoY Change -21.22% -42.64%
INVESTING ACTIVITIES
Capital Expenditures -$593.0K -$250.0K
YoY Change 137.2% 212.5%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$593.0K -$250.0K
YoY Change 137.2% 212.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 92.00K 1.330M
YoY Change -93.08% 1377.78%
NET CHANGE
Cash From Operating Activities -583.0K -740.0K
Cash From Investing Activities -593.0K -250.0K
Cash From Financing Activities 92.00K 1.330M
Net Change In Cash -1.084M 340.0K
YoY Change -418.82% -126.56%
FREE CASH FLOW
Cash From Operating Activities -$583.0K -$740.0K
Capital Expenditures -$593.0K -$250.0K
Free Cash Flow $10.00K -$490.0K
YoY Change -102.04% -59.5%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001362190
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
AUDIOEYE INC
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10130000
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10823000
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38640
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-2939845
dei Entity Address Address Line1
EntityAddressAddressLine1
5210 East Williams Circle
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 750
dei Entity Address City Or Town
EntityAddressCityOrTown
Tucson
dei Entity Address State Or Province
EntityAddressStateOrProvince
AZ
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
85711
dei City Area Code
CityAreaCode
866
dei Local Phone Number
LocalPhoneNumber
331-5324
dei Security12b Title
Security12bTitle
Common Stock, par value $0.00001 per share
dei Trading Symbol
TradingSymbol
AEYE
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
11336551
CY2021Q2 us-gaap Cash
Cash
24751000
CY2020Q4 us-gaap Cash
Cash
9095000
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
146000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
79000
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3762000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5096000
CY2021Q2 us-gaap Deferred Costs Current
DeferredCostsCurrent
142000
CY2020Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
152000
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
453000
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
288000
CY2021Q2 us-gaap Assets Current
AssetsCurrent
29108000
CY2020Q4 us-gaap Assets Current
AssetsCurrent
14631000
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
244000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
209000
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
153000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
91000
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
508000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
617000
CY2021Q2 us-gaap Deferred Costs
DeferredCosts
66000
CY2020Q4 us-gaap Deferred Costs
DeferredCosts
77000
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4876000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4328000
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2483000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2137000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
427000
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
12000
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
304000
CY2021Q2 us-gaap Goodwill
Goodwill
701000
CY2020Q4 us-gaap Goodwill
Goodwill
701000
CY2021Q2 us-gaap Assets
Assets
33019000
CY2020Q4 us-gaap Assets
Assets
18254000
CY2021Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3175000
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2190000
CY2021Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
69000
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
49000
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
240000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
229000
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5972000
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6328000
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
219000
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
9456000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
9015000
CY2021Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
71000
CY2021Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
34000
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
83000
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1083000
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2021Q2 us-gaap Liabilities
Liabilities
9865000
CY2020Q4 us-gaap Liabilities
Liabilities
10620000
CY2021Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2020Q2 us-gaap Operating Expenses
OperatingExpenses
4526000
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
11277000
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10130000
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
1000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
1000
CY2021Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
84786000
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
64716000
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-61633000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-57084000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
23154000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
7634000
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
33019000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
18254000
CY2021Q2 us-gaap Revenues
Revenues
6021000
CY2020Q2 us-gaap Revenues
Revenues
5283000
us-gaap Revenues
Revenues
11809000
us-gaap Revenues
Revenues
9544000
CY2021Q2 us-gaap Cost Of Revenue
CostOfRevenue
1512000
CY2020Q2 us-gaap Cost Of Revenue
CostOfRevenue
1607000
us-gaap Cost Of Revenue
CostOfRevenue
2865000
us-gaap Cost Of Revenue
CostOfRevenue
2927000
CY2021Q2 us-gaap Gross Profit
GrossProfit
4509000
CY2020Q2 us-gaap Gross Profit
GrossProfit
3676000
us-gaap Gross Profit
GrossProfit
8944000
us-gaap Gross Profit
GrossProfit
6617000
CY2021Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3380000
CY2020Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1705000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
6134000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3523000
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1307000
CY2020Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
265000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2339000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
598000
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2917000
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2556000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6327000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4988000
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
7604000
us-gaap Operating Expenses
OperatingExpenses
14800000
us-gaap Operating Expenses
OperatingExpenses
9109000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-3095000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-850000
us-gaap Operating Income Loss
OperatingIncomeLoss
-5856000
us-gaap Operating Income Loss
OperatingIncomeLoss
-2492000
CY2021Q2 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0
CY2020Q2 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
501000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
473000
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1316000
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1316000
CY2021Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-5000
CY2020Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-56000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-9000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-106000
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1311000
CY2020Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-557000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1307000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-579000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1784000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1407000
us-gaap Net Income Loss
NetIncomeLoss
-4549000
us-gaap Net Income Loss
NetIncomeLoss
-3071000
CY2021Q2 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
58000
CY2020Q2 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
12000
us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
69000
us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
26000
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1842000
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1419000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4618000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3097000
CY2021Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.16
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.43
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.35
CY2021Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10992000
CY2020Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8937000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10726000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8907000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
7634000
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
16534000
CY2021Q1 aeye Stock Issued During Period Value In Exchange For Exercise Of Warrants And Options On Cash Basis
StockIssuedDuringPeriodValueInExchangeForExerciseOfWarrantsAndOptionsOnCashBasis
148000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-373000
CY2021Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1781000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-2765000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
22959000
CY2021Q2 aeye Stock Issued During Period Value In Exchange For Exercise Of Warrants And Options On Cash Basis
StockIssuedDuringPeriodValueInExchangeForExerciseOfWarrantsAndOptionsOnCashBasis
255000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-39000
CY2021Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1763000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1784000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
23154000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1566000
CY2020Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
256000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-1664000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
158000
CY2020Q2 aeye Stockissuedduringperiodvalueinexchangeforexerciseofoptionsoncashbasis
Stockissuedduringperiodvalueinexchangeforexerciseofoptionsoncashbasis
44000
CY2020Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
659000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1407000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-546000
us-gaap Net Income Loss
NetIncomeLoss
-4549000
us-gaap Net Income Loss
NetIncomeLoss
-3071000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
600000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
411000
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
10000
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-12000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0
us-gaap Share Based Compensation
ShareBasedCompensation
3544000
us-gaap Share Based Compensation
ShareBasedCompensation
915000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
99000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
111000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
110000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
109000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
103000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
473000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1316000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
76000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
30000
aeye Increase Decrease In Accounts And Unbilled Receivables
IncreaseDecreaseInAccountsAndUnbilledReceivables
1258000
aeye Increase Decrease In Accounts And Unbilled Receivables
IncreaseDecreaseInAccountsAndUnbilledReceivables
-936000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
243000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
92000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
984000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1536000
aeye Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
112000
aeye Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
102000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-405000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-279000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
67000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-791000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
843000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
370000
aeye Payment To Patent Costs
PaymentToPatentCosts
50000
aeye Payment To Patent Costs
PaymentToPatentCosts
0
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-893000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-370000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
16534000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1302000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
403000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
44000
aeye Payments Related To Settlement Of Employee Shared Based Awards
PaymentsRelatedToSettlementOfEmployeeSharedBasedAwards
412000
aeye Payments Related To Settlement Of Employee Shared Based Awards
PaymentsRelatedToSettlementOfEmployeeSharedBasedAwards
0
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
43000
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
27000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16482000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1319000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
15656000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
158000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9095000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1972000
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24751000
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2130000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration:underline;text-decoration-color:#000000;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses, and the related disclosures at the date of the financial statements and during the reporting period. On an ongoing basis, management evaluates its estimates and judgments, including those related to stock-based compensation, capitalization of software development costs, allowance for doubtful accounts, and impairment of long-lived assets and goodwill. Actual results may differ from these estimates.</p>
aeye Subscription Revenue Indirect
SubscriptionRevenueIndirect
6552000
aeye Subscription Revenue Indirect
SubscriptionRevenueIndirect
4232000
aeye Subscription Revenue Direct
SubscriptionRevenueDirect
5257000
aeye Subscription Revenue Direct
SubscriptionRevenueDirect
5312000
us-gaap Revenues
Revenues
11809000
us-gaap Revenues
Revenues
9544000
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5972000
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6328000
CY2021Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
34000
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
83000
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6006000
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6411000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4537000
CY2020 aeye Contract With Customer Liability Revenue Recognized Percentage
ContractWithCustomerLiabilityRevenueRecognizedPercentage
0.71
CY2021Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
52000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
99000
CY2020Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
55000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
111000
aeye Deferred Costs Impairment Loss
DeferredCostsImpairmentLoss
0
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1763000
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
659000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3544000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
915000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1444000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2071000
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
140000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
61000
CY2021Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.060
CY2021Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
282000
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
177000
CY2021Q2 aeye Accumulated Depreciation Depletion And Amortization
AccumulatedDepreciationDepletionAndAmortization
146000
CY2020Q4 aeye Accumulated Depreciation Depletion And Amortization
AccumulatedDepreciationDepletionAndAmortization
116000
CY2021Q2 aeye Finance Lease Right Of Use Asset Net
FinanceLeaseRightOfUseAssetNet
136000
CY2020Q4 aeye Finance Lease Right Of Use Asset Net
FinanceLeaseRightOfUseAssetNet
61000
us-gaap Operating Lease Payments
OperatingLeasePayments
130000
CY2021Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
42000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
132000
CY2021Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid Year One
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaidYearOne
174000
CY2021Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
61000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
257000
CY2021Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid Year Two
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaidYearTwo
318000
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
40000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
118000
CY2021Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid Year Three
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaidYearThree
158000
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
7000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
81000
CY2021Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid Year Four
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaidYearFour
88000
CY2021Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
150000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
588000
CY2021Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaid
738000
CY2021Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
10000
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
44000
CY2021Q2 aeye Finance Lease Operating Lease Liability Undiscounted Excess Amount
FinanceLeaseOperatingLeaseLiabilityUndiscountedExcessAmount
54000
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
140000
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
544000
CY2021Q2 aeye Operating Lease Finance Lease Liability
OperatingLeaseFinanceLeaseLiability
684000
CY2021Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
69000
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
240000
CY2021Q2 aeye Operating Lease Finance Lease Liability Current
OperatingLeaseFinanceLeaseLiabilityCurrent
309000
CY2021Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
71000
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
304000
CY2021Q2 aeye Operating Lease Finance Lease Liability Noncurrent
OperatingLeaseFinanceLeaseLiabilityNoncurrent
375000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
42000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
46000
us-gaap Operating Lease Expense
OperatingLeaseExpense
128000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
104000
us-gaap Lease Cost
LeaseCost
278000
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M7D
CY2021Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M3D
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0600
CY2021Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0600
CY2021Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
7000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
24000
aeye Shared Fees
SharedFees
72000

Files In Submission

Name View Source Status
0001104659-21-103588-index-headers.html Edgar Link pending
0001104659-21-103588-index.html Edgar Link pending
0001104659-21-103588.txt Edgar Link pending
0001104659-21-103588-xbrl.zip Edgar Link pending
aeye-20210630.xsd Edgar Link pending
aeye-20210630x10q.htm Edgar Link pending
aeye-20210630x10q001.jpg Edgar Link pending
aeye-20210630x10q_htm.xml Edgar Link completed
aeye-20210630xex10d1.htm Edgar Link pending
aeye-20210630xex31d1.htm Edgar Link pending
aeye-20210630xex32d1.htm Edgar Link pending
aeye-20210630_cal.xml Edgar Link unprocessable
aeye-20210630_def.xml Edgar Link unprocessable
aeye-20210630_lab.xml Edgar Link unprocessable
aeye-20210630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending