Slide 1: Second Quarter 2025 Earnings
Second Quarter 2025 Earnings Matt Fisch Conor Tierney CEO CFO July 31, 2025
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements competitive and regulated industries in which AEye operates; variations in operating performance across competitors; changes in laws This presentation of AEye, Inc. (“AEye” or the “Company”) includes statements that are not historical facts, but rather are forwa
Slide 3: Disclaimer
Disclaimer Readers are cautioned not to put undue reliance on forward-looking statements; AEye assumes no obligation and does not intend to directly comparable GAAP financial measures is available without unreasonable efforts at this time. AEye believes that these forward- update or revise these for
Slide 4: Matt Fisch, Chief Executive Officer
Matt Fisch Chief Executive Officer 4
Slide 5: Latest Highlights
Latest Highlights Fully integrated into NVIDIA Selected by leading Launched OPTISTM, powered DRIVE AGX Orin platform, transportation OEM for a by NVIDIA Jetson Orin, and potentially driving expanded potential $30 million revenue secured multiple deployments engagement with leading opportunity in air
Slide 6: Conor Tierney, Chief Financial Officer
Conor Tierney Chief Financial Officer 6
Slide 7: A Capital-Light Business Model that Sets Us Apart
A Capital-Light Business Model that Sets Us Apart Peer Comparison » Favorable cost structure versus peers: peer cost structures are up to ~11x higher than AEye All comparisons exclude China-based peers; TTM figures as of March 31, 2025 7
Slide 8: Q2'25 Financial Summary
Q2’25 Financial Summary (in millions, except per share amounts) Quarterly Results (unaudited) Key Financial Metrics(1) Q1 2025 Q2 2025 GAAP Net Loss $(8.0) $(9.3) GAAP EPS $(0.46) $(0.48) Non-GAAP Net Loss(2) $(5.5) $(6.7) Non-GAAP EPS(2) $(0.31) $(0.35) Net Cash Used in Operating Activities $(7.8)
Slide 9: FY 2025 Cash Burn Outlook
FY 2025 Cash Burn Outlook » Expect FY 2025 cash burn to be within the previously communicated range of $27 million to $29 million » Quarterly cash burn rate expected to trend lower in the back half of 2025 » Maintaining growth capital necessary to execute on strategic plan 9
Slide 10: Second Quarter 2025 Earnings
Second Quarter 2025 Earnings Thank you