Slide 1: Fourth Quarter 2024 Earnings
Fourth Quarter 2024 Earnings Matt Fisch Conor Tierney CEO CFO February 20, 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, CEO
Matt Fisch CEO AEye AAeve. |
Slide 5: U.S. Launch of Apollo at CES
U.S. Launch of Apollo at CES » Demonstrated Apollo’s behind-the-windshield capabilities through live test drives » Offers unparalleled high-resolution, long- range detection capabilities at 1km » Believed to be the only lidar sensor that seamlessly mounts behind-the-windshield while meeting ADAS per
Slide 6: Latest Highlights
LATEST HIGHLIGHTS KEY MILESTONES Launched Apollo in the U.S. Began production of first On-track for Apollo at CES, showcasing Apollo B samples, critical manufacturing ramp with differentiated behind-the- milestone for OEM global Tier 1 partner windshield integration quoting process Field testing Apo
Slide 7: Conor Tierney, CFO
Conor Tierney CFO AEye AAeve. |
Slide 8: A Capital-Light Business Model that Sets Us Apart
A Capital-Light Business Model that Sets Us Apart Peer Comparison » Favorable cost structure » Peer cost structures are up to 12x higher than AEye » Total potential liquidity (including ELOC and ATM) should extend runway to high-volume production » Cash burn of $4.8 million in Q4’24, down sequential
Slide 9: Q4'24 Financial Summary
Q4’24 Financial Summary (in millions, except per share amounts) Quarterly Results (unaudited) Key Financial Metrics(1) Q3 2024 Q4 2024 GAAP Net Loss $(8.7) $(8.5) GAAP EPS $(1.01) $(0.93) Non-GAAP Net Loss(2) $(6.0) $(6.3) Non-GAAP EPS(2) $(0.70) $(0.69) Net Cash Used in Operating Activities $(5.4)
Slide 10: FY 2025 Cash Burn Outlook
FY 2025 Cash Burn Outlook » Expecting FY 2025 cash burn of $25 million, up slightly YoY primarily due to increased investment required to ramp Apollo to high-volume production » Anticipating a temporary increase in Q1 2025 cash burn due primarily to one- time payroll-related costs » Total potential
Slide 11: Thank you
Fourth Quarter 2024 Earnings Thank you