2023 Q3 Form 10-Q Financial Statement

#000141057823001704 Filed on August 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $7.838M $7.836M $7.569M
YoY Change 1.79% 3.53% 25.71%
Cost Of Revenue $1.788M $1.787M $1.841M
YoY Change -7.02% -2.93% 21.76%
Gross Profit $6.050M $6.049M $5.728M
YoY Change 4.73% 5.6% 27.03%
Gross Profit Margin 77.19% 77.19% 75.68%
Selling, General & Admin $5.485M $6.044M $6.402M
YoY Change -15.84% -5.59% 1.67%
% of Gross Profit 90.66% 99.92% 111.77%
Research & Development $1.955M $2.033M $1.406M
YoY Change 26.78% 44.59% 7.57%
% of Gross Profit 32.31% 33.61% 24.55%
Depreciation & Amortization $570.0K $577.0K $622.0K
YoY Change -4.68% -7.23% 94.38%
% of Gross Profit 9.42% 9.54% 10.86%
Operating Expenses $7.440M $8.077M $7.837M
YoY Change -7.68% 3.06% 3.06%
Operating Profit -$1.390M -$2.028M -$2.109M
YoY Change -39.09% -3.84% -31.86%
Interest Expense $35.00K $55.00K -$2.000K
YoY Change -3600.0% -2850.0% -60.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$1.360M -$1.973M -$2.610M
YoY Change -40.43% -24.41% 46.3%
Income Tax
% Of Pretax Income
Net Earnings -$1.355M -$1.973M -$2.610M
YoY Change -40.65% -24.41% 46.3%
Net Earnings / Revenue -17.29% -25.18% -34.48%
Basic Earnings Per Share -$0.11 -$0.17 -$0.23
Diluted Earnings Per Share -$0.11 -$0.17 -$227.2K
COMMON SHARES
Basic Shares Outstanding 11.81M 11.71M 11.49M
Diluted Shares Outstanding 11.82M 11.74M 11.49M

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.270M $4.317M $9.251M
YoY Change -58.2% -53.33% -62.62%
Cash & Equivalents $3.274M $4.317M $9.251M
Short-Term Investments
Other Short-Term Assets $660.0K $531.0K $753.0K
YoY Change -27.87% -29.48% 26.55%
Inventory
Prepaid Expenses
Receivables $4.409M $4.680M $5.148M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $8.343M $9.528M $15.15M
YoY Change -39.52% -37.12% -47.95%
LONG-TERM ASSETS
Property, Plant & Equipment $241.0K $216.0K $1.592M
YoY Change 35.39% -86.43% 940.52%
Goodwill $4.001M $4.001M
YoY Change 0.0%
Intangibles $5.874M $5.982M
YoY Change -5.67%
Long-Term Investments
YoY Change
Other Assets $104.0K $102.0K $116.0K
YoY Change 11.83% -12.07% 75.76%
Total Long-Term Assets $10.91M $11.07M $12.57M
YoY Change -7.55% -11.95% 221.48%
TOTAL ASSETS
Total Short-Term Assets $8.343M $9.528M $15.15M
Total Long-Term Assets $10.91M $11.07M $12.57M
Total Assets $19.25M $20.60M $27.73M
YoY Change -24.78% -25.7% -16.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.110M $2.480M $3.258M
YoY Change -13.95% -23.88% 2.61%
Accrued Expenses $370.0K $415.0K $511.0K
YoY Change -23.4% -18.79% 112.92%
Deferred Revenue $6.358M $6.610M
YoY Change -14.47%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00K $23.00K $48.00K
YoY Change -76.74% -52.08%
Total Short-Term Liabilities $11.02M $11.70M $11.83M
YoY Change -2.95% -1.12% 25.12%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $1.911M
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $480.0K $556.0K $994.0K
YoY Change -44.83% -44.06% 194.08%
Total Long-Term Liabilities $480.0K $556.0K $2.905M
YoY Change -82.3% -80.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.02M $11.70M $11.83M
Total Long-Term Liabilities $480.0K $556.0K $2.905M
Total Liabilities $11.49M $12.26M $14.74M
YoY Change -18.29% -16.84% 49.38%
SHAREHOLDERS EQUITY
Retained Earnings -$87.82M -$86.47M
YoY Change 9.02%
Common Stock $1.000K $1.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.763M $8.344M $12.99M
YoY Change
Total Liabilities & Shareholders Equity $19.25M $20.60M $27.73M
YoY Change -24.78% -25.7% -16.03%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$1.355M -$1.973M -$2.610M
YoY Change -40.65% -24.41% 46.3%
Depreciation, Depletion And Amortization $570.0K $577.0K $622.0K
YoY Change -4.68% -7.23% 94.38%
Cash From Operating Activities -$330.0K -$488.0K -$1.698M
YoY Change -60.99% -71.26% 191.25%
INVESTING ACTIVITIES
Capital Expenditures $590.0K $576.0K -$324.0K
YoY Change -274.56% -277.78% -45.36%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$590.0K -$576.0K -$324.0K
YoY Change 570.45% 77.78% -45.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -120.0K -162.0K -689.0K
YoY Change -75.71% -76.49% -848.91%
NET CHANGE
Cash From Operating Activities -330.0K -488.0K -1.698M
Cash From Investing Activities -590.0K -576.0K -324.0K
Cash From Financing Activities -120.0K -162.0K -689.0K
Net Change In Cash -1.040M -1.226M -2.711M
YoY Change -27.17% -54.78% 150.09%
FREE CASH FLOW
Cash From Operating Activities -$330.0K -$488.0K -$1.698M
Capital Expenditures $590.0K $576.0K -$324.0K
Free Cash Flow -$920.0K -$1.064M -$1.374M
YoY Change 81.1% -22.56% -13840.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
dei Entity Central Index Key
EntityCentralIndexKey
0001362190
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
11551000
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
11797000
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38640
dei Entity Registrant Name
EntityRegistrantName
AudioEye, Inc.
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
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
11806304
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4317000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6904000
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
435000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
468000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4680000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5418000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
531000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
644000
CY2023Q2 us-gaap Assets Current
AssetsCurrent
9528000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
12966000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
251000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
254000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
216000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
161000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
770000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1154000
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7036000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5978000
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5982000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6041000
CY2023Q2 us-gaap Goodwill
Goodwill
4001000
CY2022Q4 us-gaap Goodwill
Goodwill
4001000
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
102000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
105000
CY2023Q2 us-gaap Assets
Assets
20599000
CY2022Q4 us-gaap Assets
Assets
24428000
CY2023Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2480000
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2452000
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
23000
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
38000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
415000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
468000
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6610000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
7125000
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
2171000
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
979000
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
11699000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
11062000
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
7000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
527000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
745000
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
29000
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
73000
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
1952000
CY2023Q2 us-gaap Liabilities
Liabilities
12255000
CY2022Q4 us-gaap Liabilities
Liabilities
13839000
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
11797000
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
11551000
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
1000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
1000
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
94809000
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
93070000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-86466000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-82482000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
8344000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
10589000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20599000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
24428000
CY2023Q2 us-gaap Revenues
Revenues
7836000
CY2022Q2 us-gaap Revenues
Revenues
7569000
us-gaap Revenues
Revenues
15608000
us-gaap Revenues
Revenues
14475000
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
1787000
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
1841000
us-gaap Cost Of Revenue
CostOfRevenue
3489000
us-gaap Cost Of Revenue
CostOfRevenue
3551000
CY2023Q2 us-gaap Gross Profit
GrossProfit
6049000
CY2022Q2 us-gaap Gross Profit
GrossProfit
5728000
us-gaap Gross Profit
GrossProfit
12119000
us-gaap Gross Profit
GrossProfit
10924000
CY2023Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3253000
CY2022Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3425000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
6496000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7151000
CY2023Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2033000
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1406000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3779000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2935000
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2791000
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3505000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5926000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7061000
CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
8077000
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
8336000
us-gaap Operating Expenses
OperatingExpenses
16201000
us-gaap Operating Expenses
OperatingExpenses
17147000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2028000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2608000
us-gaap Operating Income Loss
OperatingIncomeLoss
-4082000
us-gaap Operating Income Loss
OperatingIncomeLoss
-6223000
CY2023Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
55000
CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
98000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-3000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-1973000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2610000
us-gaap Net Income Loss
NetIncomeLoss
-3984000
us-gaap Net Income Loss
NetIncomeLoss
-6226000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.34
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.54
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11738000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11738000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11489000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11489000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11688000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11688000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11467000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11467000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
10589000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-258000
CY2023Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1118000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2011000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
9438000
CY2023Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
36000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-188000
CY2023Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1031000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-1973000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
8344000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
17597000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-25000
CY2022Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1145000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-3616000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
15101000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-133000
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
410000
CY2022Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1041000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2610000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
12989000
us-gaap Profit Loss
ProfitLoss
-3984000
us-gaap Profit Loss
ProfitLoss
-6226000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1103000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1009000
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
147000
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
7000
us-gaap Share Based Compensation
ShareBasedCompensation
2149000
us-gaap Share Based Compensation
ShareBasedCompensation
2186000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
36000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
65000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
199000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
278000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
214000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
158000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-1000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
111000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-739000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-489000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-119000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
223000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-82000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-244000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-271000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-246000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-559000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1010000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-191000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3646000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
57000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
999000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
565000
aeye Payment To Patent Costs
PaymentToPatentCosts
17000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4734000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1056000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5338000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
36000
aeye Payments Related To Settlement Of Employee Shared Based Awards
PaymentsRelatedToSettlementOfEmployeeSharedBasedAwards
446000
aeye Payments Related To Settlement Of Employee Shared Based Awards
PaymentsRelatedToSettlementOfEmployeeSharedBasedAwards
158000
aeye Payments For Settlement Of Contingent Consideration
PaymentsForSettlementOfContingentConsideration
908000
aeye Payments For Settlement Of Contingent Consideration
PaymentsForSettlementOfContingentConsideration
132000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
410000
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
22000
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
31000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1340000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-731000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-2587000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-9715000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6904000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18966000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4317000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9251000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
876000
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-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">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, allowance for doubtful accounts, and intangible assets. Actual results may differ from these estimates.</p>
aeye Subscription Revenue Indirect
SubscriptionRevenueIndirect
8760000
aeye Subscription Revenue Indirect
SubscriptionRevenueIndirect
7724000
aeye Subscription Revenue Direct
SubscriptionRevenueDirect
6848000
aeye Subscription Revenue Direct
SubscriptionRevenueDirect
6751000
us-gaap Revenues
Revenues
15608000
us-gaap Revenues
Revenues
14475000
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6610000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
7125000
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
29000
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
73000
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6639000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7198000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5554000
CY2022 aeye Contract With Customer Liability Revenue Recognized Percentage
ContractWithCustomerLiabilityRevenueRecognizedPercentage
0.77
CY2023Q2 us-gaap Deferred Costs Current
DeferredCostsCurrent
36000
CY2022Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
49000
CY2023Q2 us-gaap Deferred Costs
DeferredCosts
8000
CY2022Q4 us-gaap Deferred Costs
DeferredCosts
12000
CY2023Q2 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
44000
CY2022Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
61000
CY2023Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
17000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
36000
CY2022Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
29000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
65000
aeye Business Combinations
BusinessCombinations
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Business Combinations</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">The assets acquired, liabilities assumed and contingent consideration are recorded at their estimated fair value on the acquisition date with subsequent changes recognized in earnings. These estimates are inherently uncertain and are subject to refinement. Management develops estimates based on assumptions as a part of the purchase price allocation process to value the assets acquired and liabilities assumed as of the business combination date. As a result, the Company may recognize adjustments to provisional amounts of assets acquired or liabilities assumed in earnings in the reporting period in which the adjustments are determined.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Acquisition-related expenses primarily consist of legal, accounting, and other advisory fees associated and are recorded in the period in which they are incurred.</p>
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
500000
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85
CY2022Q2 aeye Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesValue
25000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
1500
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
8630
CY2023Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
491370
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1031000
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1041000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2149000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2186000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2037000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2081000
CY2023Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
357000
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
221000
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
23000
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
45000
CY2023Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.060
CY2023Q2 aeye Finance Lease Computer Equipment Right Of Use Assets
FinanceLeaseComputerEquipmentRightOfUseAssets
214000
CY2022Q4 aeye Finance Lease Computer Equipment Right Of Use Assets
FinanceLeaseComputerEquipmentRightOfUseAssets
214000
CY2023Q2 aeye Accumulated Depreciation Depletion And Amortization
AccumulatedDepreciationDepletionAndAmortization
192000
CY2022Q4 aeye Accumulated Depreciation Depletion And Amortization
AccumulatedDepreciationDepletionAndAmortization
172000
CY2023Q2 aeye Finance Lease Right Of Use Asset Net
FinanceLeaseRightOfUseAssetNet
22000
CY2022Q4 aeye Finance Lease Right Of Use Asset Net
FinanceLeaseRightOfUseAssetNet
42000
CY2023Q2 aeye Reduced Lease Space
ReducedLeaseSpace
2000
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
38000
CY2023Q2 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
40000
us-gaap Operating Lease Payments
OperatingLeasePayments
271000
us-gaap Operating Lease Payments
OperatingLeasePayments
291000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
117000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
79000
us-gaap Lease Cost
LeaseCost
404000
us-gaap Lease Cost
LeaseCost
433000
CY2023Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
17000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
241000
CY2023Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid Remainder Of Fiscal Year
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaidRemainderOfFiscalYear
258000
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
7000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
345000
CY2023Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid Year One
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaidYearOne
352000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
219000
CY2023Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid Year Two
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaidYearTwo
219000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
225000
CY2023Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid Year Three
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaidYearThree
225000
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
24000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1030000
CY2023Q2 aeye Lessee Operating Lease Finance Lease Liability To Be Paid
LesseeOperatingLeaseFinanceLeaseLiabilityToBePaid
1054000
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1000
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
88000
CY2023Q2 aeye Finance Lease Operating Lease Liability Undiscounted Excess Amount
FinanceLeaseOperatingLeaseLiabilityUndiscountedExcessAmount
89000
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
23000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
942000
CY2023Q2 aeye Operating Lease Finance Lease Liability
OperatingLeaseFinanceLeaseLiability
965000
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
23000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
415000
CY2023Q2 aeye Operating Lease Finance Lease Liability Current
OperatingLeaseFinanceLeaseLiabilityCurrent
438000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
527000
CY2023Q2 aeye Operating Lease Finance Lease Liability Noncurrent
OperatingLeaseFinanceLeaseLiabilityNoncurrent
527000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
20000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
29000
aeye Finance Lease Interest Payment On Liabilities
FinanceLeaseInterestPaymentOnLiabilities
1000
aeye Finance Lease Interest Payment On Liabilities
FinanceLeaseInterestPaymentOnLiabilities
2000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
21000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
31000
us-gaap Operating Lease Expense
OperatingLeaseExpense
266000
us-gaap Operating Lease Expense
OperatingLeaseExpense
323000
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M2D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y9M10D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y6M25D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0600
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0600
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0600
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0600
aeye Shared Fees
SharedFees
303000

Files In Submission

Name View Source Status
0001410578-23-001704-index-headers.html Edgar Link pending
0001410578-23-001704-index.html Edgar Link pending
0001410578-23-001704.txt Edgar Link pending
0001410578-23-001704-xbrl.zip Edgar Link pending
aeye-20230630.xsd Edgar Link pending
aeye-20230630x10q.htm Edgar Link pending
aeye-20230630x10q001.jpg Edgar Link pending
aeye-20230630xex31d1.htm Edgar Link pending
aeye-20230630xex32d1.htm Edgar Link pending
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
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
aeye-20230630_def.xml Edgar Link unprocessable
aeye-20230630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
aeye-20230630x10q_htm.xml Edgar Link completed
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
aeye-20230630_cal.xml Edgar Link unprocessable
aeye-20230630_lab.xml Edgar Link unprocessable