Slide 1: First Quarter Earnings
First Quarter Earnings Matt Fisch Conor Tierney May 14, 2024
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements This presentation of AEye, Inc. (“AEye” or the “Company”) includes statements that are not historical facts, but rather in part; risks of employee retention, especially in the current challenging macroeconomic environment and industry are forward-looking stateme
Slide 3: Disclaimer
Disclaimer Readers are cautioned not to put undue reliance on forward-looking statements; AEye assumes no obligation and does financial performance prepared in accordance with GAAP and should not be considered as an alternative to net income, not intend to update or revise these forward-looking stat
Slide 4: Matt Fisch, CEO
Matt Fisch CEO AEye Arere. |
Slide 5: Q1 2024 Results
Q1 2024 RESULTS Areve | «
Slide 6: Q1 2024 Results
Q1 2024 RESULTS KEY MILESTONES Completed manufacturing flow audit with our new T1 partner, LITEON 5
Slide 7: Q1 2024 Results
Q1 2024 RESULTS KEY MILESTONES Completed manufacturing On track to future flow audit with our new T1 integration with NVIDIA partner, LITEON Hyperion platform 6
Slide 8: Q1 2024 Results
Q1 2024 RESULTS KEY MILESTONES Completed manufacturing On track to future New partnership flow audit with our new T1 integration with NVIDIA opens China partner, LITEON Hyperion platform access 7
Slide 9: Q1 2024 Results
Q1 2024 RESULTS KEY MILESTONES Completed manufacturing On track to future New partnership flow audit with our new T1 integration with NVIDIA opens China partner, LITEON Hyperion platform access Apollo passes major milestone, exceeds expectations 8
Slide 10: Q1 2024 Results
Q1 2024 RESULTS KEY MILESTONES Completed manufacturing On track to future New partnership flow audit with our new T1 integration with NVIDIA opens China partner, LITEON Hyperion platform access Apollo passes major Tracking to $25M milestone, exceeds cash burn in 2024 expectations 9
Slide 11: Conor Tierney, CFO
Conor Tierney CFO AEye Arere. | 10
Slide 12: Q1'24 Financial Summary
Q1’24 Financial Summary (In millions, except per share amounts) Quarterly Results (unaudited) Key Financial Metrics(1) Q4 2023 Q1 2024 GAAP Net Loss $(27.8) $(10.2) GAAP EPS $(4.44) $(1.61) Non-GAAP Net Loss(2) $(6.9) $(7.2) Non-GAAP EPS(2) $(1.10) $(1.13) Net Cash Used in Operating Activities $(9.2
Slide 13: Weathering the industry downturn: Cash burn trending to 75% reduction
Weathering the industry downturn: Cash burn trending to 75% reduction by end of year $ in 000's 12
Slide 14: Thank you
First Quarter Earnings Thank you