2024 Q4 Form 10-Q Financial Statement

#000143774924035017 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $104.0K
YoY Change -44.68%
Cost Of Revenue $306.0K
YoY Change -93.17%
Gross Profit -$202.0K
YoY Change -95.29%
Gross Profit Margin -194.23%
Selling, General & Admin $3.877M
YoY Change -46.82%
% of Gross Profit
Research & Development $3.767M
YoY Change -33.37%
% of Gross Profit
Depreciation & Amortization $24.00K
YoY Change -92.68%
% of Gross Profit
Operating Expenses $7.644M
YoY Change -40.95%
Operating Profit -$7.846M
YoY Change -54.48%
Interest Expense $242.0K
YoY Change -33.88%
% of Operating Profit
Other Income/Expense, Net -$860.0K
YoY Change -547.92%
Pretax Income -$8.706M
YoY Change -48.92%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$8.706M
YoY Change -48.93%
Net Earnings / Revenue -8371.15%
Basic Earnings Per Share -$1.01
Diluted Earnings Per Share -$1.01
COMMON SHARES
Basic Shares Outstanding 9.133M 8.613M
Diluted Shares Outstanding 8.630M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.44M
YoY Change -51.11%
Cash & Equivalents $5.851M
Short-Term Investments $16.58M
Other Short-Term Assets $68.00K
YoY Change -60.23%
Inventory $258.0K
Prepaid Expenses $1.414M
Receivables $76.00K
Other Receivables $0.00
Total Short-Term Assets $24.25M
YoY Change -56.31%
LONG-TERM ASSETS
Property, Plant & Equipment $630.0K
YoY Change -91.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $784.0K
YoY Change -24.62%
Total Long-Term Assets $2.117M
YoY Change -91.66%
TOTAL ASSETS
Total Short-Term Assets $24.25M
Total Long-Term Assets $2.117M
Total Assets $26.37M
YoY Change -67.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.717M
YoY Change -21.03%
Accrued Expenses $6.960M
YoY Change -3.96%
Deferred Revenue $35.00K
YoY Change 94.44%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $10.71M
YoY Change -10.52%
LONG-TERM LIABILITIES
Long-Term Debt $146.0K
YoY Change
Other Long-Term Liabilities $67.00K
YoY Change -18.29%
Total Long-Term Liabilities $67.00K
YoY Change -18.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.71M
Total Long-Term Liabilities $67.00K
Total Liabilities $11.46M
YoY Change -58.38%
SHAREHOLDERS EQUITY
Retained Earnings -$364.5M
YoY Change 17.65%
Common Stock $1.000K
YoY Change -94.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.91M
YoY Change
Total Liabilities & Shareholders Equity $26.37M
YoY Change -67.4%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$8.706M
YoY Change -48.93%
Depreciation, Depletion And Amortization $24.00K
YoY Change -92.68%
Cash From Operating Activities -$7.573M
YoY Change -16.39%
INVESTING ACTIVITIES
Capital Expenditures $186.0K
YoY Change -69.56%
Acquisitions
YoY Change
Other Investing Activities $333.0K
YoY Change -98.96%
Cash From Investing Activities $147.0K
YoY Change -99.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -88.00K
YoY Change -93.35%
NET CHANGE
Cash From Operating Activities -7.573M
Cash From Investing Activities 147.0K
Cash From Financing Activities -88.00K
Net Change In Cash -7.514M
YoY Change -135.93%
FREE CASH FLOW
Cash From Operating Activities -$7.573M
Capital Expenditures $186.0K
Free Cash Flow -$7.759M
YoY Change -19.75%

Facts In Submission

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-7987000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
20810000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2248000 usd
CY2024Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
66000 usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
585000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
35000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-8706000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
14906000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
93970000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6513000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
391000 usd
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
867000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
1755000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
469000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-26265000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
75966000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4110000 usd
CY2023Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
181000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
1254000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
118000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
420000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-16031000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
65656000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4084000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
59000 usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
261000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
329000 usd
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
136000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
3000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
391000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-17048000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
53343000 usd
us-gaap Net Income Loss
NetIncomeLoss
-26912000 usd
us-gaap Net Income Loss
NetIncomeLoss
-59344000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
80000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
998000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
12000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-53000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
905000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1058000 usd
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
680000 usd
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-0 usd
lidr Noncash Common Stock Purchase Agreement Costs
NoncashCommonStockPurchaseAgreementCosts
1136000 usd
lidr Noncash Common Stock Purchase Agreement Costs
NoncashCommonStockPurchaseAgreementCosts
0 usd
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
47000 usd
lidr Inventory Writedown Net Of Scrapped Inventory
InventoryWritedownNetOfScrappedInventory
167000 usd
lidr Inventory Writedown Net Of Scrapped Inventory
InventoryWritedownNetOfScrappedInventory
3666000 usd
lidr Gain Loss On Fair Value Of Convertible Note And Warrant Liabilities
GainLossOnFairValueOfConvertibleNoteAndWarrantLiabilities
-4000 usd
lidr Gain Loss On Fair Value Of Convertible Note And Warrant Liabilities
GainLossOnFairValueOfConvertibleNoteAndWarrantLiabilities
-914000 usd
lidr Gain Loss On Instrumentspecific Credit Risk
GainLossOnInstrumentspecificCreditRisk
-0 usd
lidr Gain Loss On Instrumentspecific Credit Risk
GainLossOnInstrumentspecificCreditRisk
-46000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
7002000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
14707000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
491000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-33000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
35000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-20000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-379000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-157000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2681000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1035000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1672000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-123000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-133000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
275000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1494000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-3411000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2571000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-936000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1143000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
35000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-969000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-346000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
0 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-21814000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-41508000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
420000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1421000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
45000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
243000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
24241000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
8736000 usd
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
27756000 usd
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
76350000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
3140000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
66436000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
134000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
450000 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
146000 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
-0 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
6235000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
113000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1312000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5863000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
136000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
613000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
-0 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
26000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
118000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5443000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6843000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13231000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
18085000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19082000 usd
us-gaap Restructuring Charges
RestructuringCharges
-557000 usd
us-gaap Restructuring Charges
RestructuringCharges
1470000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
691000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
2657000 usd
CY2024Q3 us-gaap Restructuring Reserve
RestructuringReserve
3431000 usd
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
-680000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
172000 usd
us-gaap Restructuring Charges
RestructuringCharges
-557000 usd
us-gaap Restructuring Charges
RestructuringCharges
1470000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
21214000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5851000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
39299000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-2000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16000 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
115000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
42000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
23000 usd
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 usd
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
3338000 usd
lidr Operating Lease Liabilities Extinguished Upon Early Lease Termination
OperatingLeaseLiabilitiesExtinguishedUponEarlyLeaseTermination
16325000 usd
lidr Operating Lease Liabilities Extinguished Upon Early Lease Termination
OperatingLeaseLiabilitiesExtinguishedUponEarlyLeaseTermination
0 usd
lidr Operating Lease Right Of Use Asset Derecognized Upon Early Termination Of Lease
OperatingLeaseRightOfUseAssetDerecognizedUponEarlyTerminationOfLease
10371000 usd
lidr Operating Lease Right Of Use Asset Derecognized Upon Early Termination Of Lease
OperatingLeaseRightOfUseAssetDerecognizedUponEarlyTerminationOfLease
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
753000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
lidr Stock Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
StockIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
657000 usd
lidr Stock Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
StockIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
3000 usd
us-gaap Stock Issued1
StockIssued1
282000 usd
us-gaap Stock Issued1
StockIssued1
0 usd
lidr Tax Withholding Accrued Sharebased Payment Arrangement
TaxWithholdingAccruedSharebasedPaymentArrangement
0 usd
lidr Tax Withholding Accrued Sharebased Payment Arrangement
TaxWithholdingAccruedSharebasedPaymentArrangement
1000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 1pt;"><b>Use of Estimates</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2024Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
22435000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-364547000 usd
us-gaap Net Income Loss
NetIncomeLoss
-26912000 usd
us-gaap Net Income Loss
NetIncomeLoss
-59344000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-21814000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-41508000 usd
CY2024Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
22435000 usd
lidr Proceeds From Financing Activities Gross
ProceedsFromFinancingActivitiesGross
6009000 usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 1pt;"><b>Concentration of Credit Risk</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">Financial instruments which potentially subject the Company to concentration of credit risk consist primarily of cash, cash equivalents, and marketable securities, and accounts receivable. The Company places its cash and cash equivalents with major financial institutions, which management assesses to be of high credit quality, to limit the exposure of each investment. The Company’s marketable securities have investment grade ratings when purchased, which mitigates risk.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">The Company’s accounts receivable are derived from customers located in the U.S., Europe, and Asia-Pacific. The Company mitigates its credit risks by performing ongoing credit evaluations of its customers’ financial conditions. The Company generally does <em style="font: inherit;">not</em> require collateral.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5851000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16932000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2150000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5851000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19082000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2150000 usd
CY2024Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
181000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
405000 usd
CY2024Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
65000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
159000 usd
CY2024Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
12000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
19000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
258000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
583000 usd
CY2024Q3 us-gaap Inventory Noncurrent
InventoryNoncurrent
209000 usd
CY2023Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
208000 usd
CY2024Q3 lidr Inventory Accumulated Write Down
InventoryAccumulatedWriteDown
4485000 usd
CY2023Q4 lidr Inventory Accumulated Write Down
InventoryAccumulatedWriteDown
5062000 usd
CY2024Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1414000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2386000 usd
CY2024Q3 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
0 usd
CY2023Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
79000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
68000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
52000 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1482000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2517000 usd
CY2024Q3 lidr Number Of Leases Entered
NumberOfLeasesEntered
2 pure
CY2024Q3 lidr Number Of Leases Terminated
NumberOfLeasesTerminated
1 pure
CY2024Q3 lidr Operating Lease Liabilities Extinguished Upon Early Lease Termination
OperatingLeaseLiabilitiesExtinguishedUponEarlyLeaseTermination
1000 usd
CY2024Q3 lidr Gain Loss On Termination Of Lease Net
GainLossOnTerminationOfLeaseNet
680000 usd
CY2024Q3 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
5954000 usd
CY2024Q3 lidr Termination Of Lease Reduction Of Liability
TerminationOfLeaseReductionOfLiability
16325000 usd
CY2024Q3 lidr Termination Of Lease Reduction Of Rightofuse Asset
TerminationOfLeaseReductionOfRightofuseAsset
10371000 usd
CY2024Q3 lidr Lease Termination Liability
LeaseTerminationLiability
5274000 usd
CY2024Q3 lidr Lease Termination Liability Reduction From Drawdown Of Collateral
LeaseTerminationLiabilityReductionFromDrawdownOfCollateral
2150000 usd
CY2024Q3 lidr Lease Termination Liability
LeaseTerminationLiability
3124000 usd
CY2024Q3 lidr Gain Loss On Termination Of Lease Net
GainLossOnTerminationOfLeaseNet
680000 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
264000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
593000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1435000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1797000 usd
CY2024Q3 us-gaap Variable Lease Cost
VariableLeaseCost
32000 usd
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
89000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
201000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
248000 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
296000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
682000 usd
us-gaap Lease Cost
LeaseCost
1636000 usd
us-gaap Lease Cost
LeaseCost
2045000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
31000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
275000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
283000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
258000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
847000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
82000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
765000 usd
CY2024Q3 lidr Lease Termination Liability
LeaseTerminationLiability
3124000 usd
CY2023Q4 lidr Lease Termination Liability
LeaseTerminationLiability
0 usd
CY2024Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1806000 usd
CY2023Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
2053000 usd
CY2024Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
371000 usd
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
540000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
228000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2415000 usd
CY2024Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
0 usd
CY2023Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
402000 usd
CY2024Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
117000 usd
CY2023Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
317000 usd
CY2024Q3 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
96000 usd
CY2023Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
102000 usd
CY2024Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
75000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
75000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1143000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
681000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6960000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6585000 usd
CY2024Q3 lidr Common Stock Purchase Agreement Costs
CommonStockPurchaseAgreementCosts
1136000 usd
CY2023Q3 lidr Common Stock Purchase Agreement Costs
CommonStockPurchaseAgreementCosts
0 usd
lidr Common Stock Purchase Agreement Costs
CommonStockPurchaseAgreementCosts
1136000 usd
lidr Common Stock Purchase Agreement Costs
CommonStockPurchaseAgreementCosts
0 usd
CY2024Q3 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
149000 usd
CY2023Q3 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
1000 usd
us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
590000 usd
us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
230000 usd
CY2024Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1000 usd
CY2023Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
35000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 usd
CY2024Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-0 usd
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-105000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-0 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-105000 usd
CY2024Q3 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2023Q3 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
47000 usd
CY2024Q3 lidr Realized Loss On Investments Credit Risk
RealizedLossOnInvestmentsCreditRisk
-0 usd
CY2023Q3 lidr Realized Loss On Investments Credit Risk
RealizedLossOnInvestmentsCreditRisk
-46000 usd
lidr Realized Loss On Investments Credit Risk
RealizedLossOnInvestmentsCreditRisk
-0 usd
lidr Realized Loss On Investments Credit Risk
RealizedLossOnInvestmentsCreditRisk
-46000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-114000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-24000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-148000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-41000 usd
CY2024Q3 lidr Interest Expense And Other Nonoperating Expense
InterestExpenseAndOtherNonoperatingExpense
1102000 usd
CY2023Q3 lidr Interest Expense And Other Nonoperating Expense
InterestExpenseAndOtherNonoperatingExpense
174000 usd
lidr Interest Expense And Other Nonoperating Expense
InterestExpenseAndOtherNonoperatingExpense
729000 usd
lidr Interest Expense And Other Nonoperating Expense
InterestExpenseAndOtherNonoperatingExpense
9000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-8706000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-17048000 usd
us-gaap Net Income Loss
NetIncomeLoss
-26912000 usd
us-gaap Net Income Loss
NetIncomeLoss
-59344000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8629683
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6137251
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6892910
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5739425
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8629683
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6137251
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6892910
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5739425
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.01
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.78
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.9
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-10.34
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28252004
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2434471
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2248000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4084000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7002000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14707000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
104000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
188000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
156000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1395000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
104000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
188000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
156000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1395000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
35000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
987000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-0 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
969000 usd
lidr Contract With Customer Liability Increase Due To Cash Received And Billings In Excess Of Revenue Recognized
ContractWithCustomerLiabilityIncreaseDueToCashReceivedAndBillingsInExcessOfRevenueRecognized
35000 usd
lidr Contract With Customer Liability Increase Due To Cash Received And Billings In Excess Of Revenue Recognized
ContractWithCustomerLiabilityIncreaseDueToCashReceivedAndBillingsInExcessOfRevenueRecognized
0 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
35000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
18000 usd
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
-680000 usd
us-gaap Restructuring Charges
RestructuringCharges
-557000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
172000 usd
us-gaap Restructuring Charges
RestructuringCharges
1470000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
691000 usd
us-gaap Restructuring Costs
RestructuringCosts
5397000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
2657000 usd
CY2024Q3 us-gaap Restructuring Reserve
RestructuringReserve
3431000 usd
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
-680000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43000 usd

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