AudioEye, Inc.

Description

AudioEye, Inc. provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device. The company offers AudioEye, an always-on testing, remediation, and monitoring solution that improves conformance with web content accessibility guidelines; identifies and fixes the accessibility errors and addresses a range of disabilities, including dyslexia, color blindness, epilepsy, and others; and provides additional solutions to provide for enhanced compliance and accessibility, including periodic auditing, human assisted technological remediations, and legal support services, as well as PDF remediation services, Native Mobile App and audit reports to help customers with their digital accessibility needs. The company serves small- and medium-sized businesses, corporate enterprises, non-profit organizations, and federal government agencies, as well as federal, state, and local governments and agencies through content management system partners, platform and agency partners, authorized resellers, and the marketplace. AudioEye, Inc. was incorporated in 2005 and is based in Tucson, Arizona.

About

CEO
Mr. David D. Moradi
Employees
114
Instrument type
Common Stock
Sector
Technology
Industry
Software - Application
MIC code
XNCM
Address
5210 East Williams Circle, Tucson, AZ 85711, United States
Phone
866 331 5324
Website
Chart Image
× Enlarged Chart
Oscillators
No data available
Summary
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Moving Averages
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Earnings

Date Estimate EPS Actual EPS Difference % Surprise
Nov 5, 2025
Jul 23, 2025
Apr 21, 2025
Mar 4, 2025 0.01
Nov 8, 2024 -0.10

Earnings estimate

Next Quarter
(Mar 2025)
Next Year
(Dec 2025)
Number of analysts 4 4
Average estimate 0.13 0.65
Low estimate 0.13 0.53
High estimate 0.14 0.70
Last year EPS 0.08 0.53
[stock_revenue_estimate]

Growth estimates

Current qtr
61.360%
Next qtr. (Mar 2025)
65.630%
Current year
379.550%
Next year (Dec 2025)
22.270%
Next 5 years (per annum)
Past 5 years (per annum)

Analyst Ratings

Date Firm Action Rating Price Target
Jan 21, 2025
Needham
Joshua Reilly
Reiterates Buy Maintains $25
Jan 7, 2025
Needham
Joshua Reilly
Initiates Buy Announces $25
Nov 11, 2024
HC Wainwright & Co.
Scott Buck
Maintains Buy ▲ Raises $28 → $37
Nov 8, 2024
Roth MKM
Richard Baldry
Reiterates Buy ▲ Raises $25 → $35
Oct 1, 2024
HC Wainwright & Co.
Scott Buck
Maintains Buy ▲ Raises $23 → $28
Jul 26, 2024
Craig-Hallum
George Sutton
Maintains Buy ▲ Raises $20 → $30
Jul 26, 2024
HC Wainwright & Co.
Scott Buck
Reiterates Buy Maintains $23
Jun 25, 2024
HC Wainwright & Co.
Scott Buck
Maintains Buy ▲ Raises $17 → $23
Jun 21, 2024
Roth MKM
Richard Baldry
Initiates Buy Announces $25
Apr 24, 2024
B. Riley Securities
Zach Cummins
Maintains Buy ▲ Raises $14 → $18.5
Apr 24, 2024
HC Wainwright & Co.
Scott Buck
Reiterates Buy Maintains $17
Apr 18, 2024
HC Wainwright & Co.
Scott Buck
Maintains Buy ▲ Raises $10 → $17
Apr 10, 2024
B. Riley Securities
Zach Cummins
Maintains Buy ▲ Raises $10 → $14
Apr 10, 2024
Craig-Hallum
George Sutton
Maintains Buy ▲ Raises $10 → $20
Mar 7, 2024
B. Riley Securities
Zach Cummins
Reiterates Buy ▲ Raises $8 → $10
Mar 7, 2024
Craig-Hallum
George Sutton
Maintains Buy ▲ Raises $8 → $10
Mar 7, 2024
HC Wainwright & Co.
Scott Buck
Maintains Buy ▲ Raises $8 → $10
Nov 3, 2023
HC Wainwright & Co.
Scott Buck
Maintains Buy ▼ Lowers $10 → $8
Aug 11, 2023
HC Wainwright & Co.
Scott Buck
Reiterates Buy Maintains $10
Aug 11, 2023
B. Riley Securities
Zach Cummins
Maintains Buy ▼ Lowers $9 → $8
May 11, 2023
HC Wainwright & Co.
Scott Buck
Reiterates Buy Maintains $10
May 3, 2023
Craig-Hallum
George Sutton
Initiates Buy Announces $10
Mar 13, 2023
HC Wainwright & Co.
Scott Buck
Reiterates Buy Maintains $10
Aug 10, 2022
HC Wainwright & Co.
Scott Buck
Maintains Buy ▲ Raises $8 → $10
May 6, 2022
HC Wainwright & Co.
Scott Buck
Maintains Buy ▼ Lowers $10 → $8
Jan 20, 2022
HC Wainwright & Co.
Scott Buck
Maintains Buy ▼ Lowers $17 → $10
Nov 12, 2021
HC Wainwright & Co.
Scott Buck
Maintains Buy ▼ Lowers $20 → $17
Aug 12, 2021
HC Wainwright & Co.
Scott Buck
Maintains Buy ▼ Lowers $28 → $20
Aug 12, 2021
Maxim Group
Downgrade Hold
Jun 7, 2021
HC Wainwright & Co.
Initiates Buy

Income statement

2023 2022 2021 2020 2019
Fiscal date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total reported revenue 31.32M 29.91M 24.50M 20.48M 10.77M
Cost of revenue 6.97M 7.22M 6.12M 5.96M 4.41M
Gross profit 24.34M 22.69M 18.38M 14.51M 6.36M
Operating expense
Research & development 6.99M 6.09M 5.30M 1.23M 636,000
Selling general and admin 23.32M 27.04M 28.59M 20.42M 13.54M
Other operating expenses
Operating income -5.97M -10.43M -15.51M -7.13M -7.82M
Non operating interest income
Income
Expense 4,000 12,000 145,000 76,000
Other income expense 1.32M 120,000 111,000
Pretax income -5.87M -10.43M -14.21M -7.16M -7.78M
Tax provision
Net income -5.87M -10.43M -14.21M -7.16M -7.78M
Basic EPS -0.50 -0.91 -1.29 -0.77 -0.97
Diluted EPS -0.50 -0.91 -1.29 -0.77 -0.97
Basic average shares 11.77M 11.48M 11.04M 9.31M 8.11M
Diluted average shares 11.77M 11.48M 11.04M 9.31M 8.11M
EBITDA -3.34M -7.76M -13.93M -5.96M -6.87M
Net income from continuing op. -5.87M -10.43M -14.21M -7.16M -7.78M
Minority interests
Preferred stock dividends

Balance sheet

2023 2022 2021 2020 2019
Fiscal date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 25.50M 24.43M 29.31M 18.25M 9.15M
Current assets
Cash 9.24M 6.90M 18.97M 9.10M
Cash equivalents
Cash and cash equivalents 9.24M 6.90M 18.97M 9.10M 1.97M
Other short term investments
Accounts receivable 4.83M 5.42M 5.31M 5.10M 2.96M
Other receivables 160,000
Inventory
Prepaid assets 451,000 288,000 198,000
Restricted cash
Assets held for sale
Hedging assets
Other current assets 712,000 644,000 451,000 288,000 335,000
Non current assets
Properties 1.08M 1.57M 1.24M 917,000 950,000
Land and improvements
Machinery furniture equipment 177,000 157,000
Construction in progress
Leases
Accumulated depreciation -251,000 -254,000 -210,000 -209,000 -124,000
Goodwill 13.79M 14.04M 4.02M 3.54M 3.12M
Investment properties
Financial assets
Intangible assets 5.78M 6.04M 2.62M 2.14M 1.72M
Investments and advances
Other non current assets 106,000 117,000 129,000 77,000 145,000
Total liabilities 18.79M 13.84M 11.72M 10.62M 7.59M
Current liabilities
Accounts payable 2.45M 3.54M 2.19M 973,000
Accrued expenses
Short term debt 319,000 506,000 472,000 497,000 261,000
Deferred revenue 6.47M 7.13M 7.07M 6.33M 5.37M
Tax payable
Pensions
Other current liabilities 2.40M 979,000 134,000 120,000
Non current liabilities
Long term debt 7.14M 752,000 495,000 1.52M 707,000
Provision for risks and charges
Deferred liabilities
Derivative product liabilities
Other non current liabilities 105,000 1.95M
Shareholders equity
Common stock 1,000 1,000 1,000 1,000 1,000
Retained earnings -89.48M -82.48M -71.29M -57.08M -49.93M
Other shareholders equity
Total shareholders equity 6.71M 10.59M 17.60M 7.63M 1.57M
Additional paid in capital 96.18M 93.07M 88.89M 64.72M 51.49M
Treasury stock
Minority interest

Cash flow statement

2023202220212020201920182017201620152014201320122011
Operating Activities
Net Income-5.87M-10.43M-14.21M-7.16M-7.78M-5.02M-5.61M-9.58M-7.21M-9.75M-2.88M-1.17M-1.74M
Depreciation2.63M2.67M1.59M1.17M937,000551,335538,761570,247534,220416,009359,414137,07613,111
Deferred Taxes
Stock-Based Compensation3.70M4.57M7.62M4.14M1.22M1.08M2.76M1.24M12,103
Other Non-Cash Items510,000459,000189,000387,000322,000279,000927,445663,593709,118955,47012,67612,103
Accounts Receivable529,000-26,000-288,000-2.11M-2.96M-66,567-64,374-21,904248,935211,551-669,166-7,619-11,572
Accounts Payable1.22M879,00011,628-160,213151,858-566,272384,87553,256241,529-58,995
Other Assets & Liabilities-1.16M-1.44M389,000678,0002.17M1.52M799,216362,180-137,726157,128-54,82341,628293,245
Operating Cash Flow331,000-4.21M-4.72M-1.67M-5.22M-2.73M-3.57M-7.85M-5.35M-4.86M-1.94M-729,469-1.51M
Investing Activities
Capital Expenditures-171,000-72,000-82,000-56,000-10,893-41,167-388,125-2,928
Net Intangibles-1.99M-1.18M-1.49M-1.30M-307,000-414,890-383,802-42,640-277,131-436,162-11,542-2,928-102,627
Net Acquisitions-4.48M-53,000
Purchase of Investments-50,000
Sale of Investments
Investing Cash Flow-171,000-4.56M-135,000-56,000-10,893-41,167-438,125-2,928
Financing Activities
Long-Term Debt Issuance6.90M1.30M224,975862,5002.50M756,5001.03M1.09M
Long-Term Debt Payments-38,000-57,000-81,000-63,000-47,000-14,184-23,800-24,000-28,000-213,000-218,000-744,500-4,000
Other Financing Charges-979,000-132,000-622,0001.18M224,000251,600
Financing Cash Flow4.76M-945,00015.83M9.06M-47,0006.04M2.36M2.11M5.72M2.47M3.42M537,3001.08M
Other Cash Details
End Cash Position9.24M6.90M18.97M9.10M1.97M5.74M1.96M1.41M1.69M1.67M1.85M11,71027,426
Income Tax Paid8,0007,000
Interest Paid4,0004,0008,0006,0006,0003,4914,56711,30112,2132,8649,679
Free Cash Flow-1.84M-6.25M-6.55M-3.20M-5.98M-2.07M-2.05M-2.38M-5.75M-6.24M-1.41M-306,146-1.06M
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AudioEye Launches New Role-Based Accessibility Courses for Business Professionals Article
AudioEye Launches New Role-Based Accessibility Courses for Business Professionals
Free courses tailored for leaders, designers, developers, and testers provide in-depth accessibility best practices TUCSON, Ariz. , Feb. 5, 2025 /PRNewswire/ --  AudioEye, Inc.  (Nasdaq: AEYE) ("AudioEye" or the "Company"),  the industry-leading digital accessibility company, today announced the launch of new role-based courses on AudioEyeQ , its free accessibility learning platform.
PRNewsWire Neutral
Feb 5, 2025
AudioEye Announces Dismissal of Lawsuit Against Company and CEO David Moradi Article
AudioEye Announces Dismissal of Lawsuit Against Company and CEO David Moradi
Court dismisses lawsuit with prejudice, finding claims brought by David J. Kovacs to be without merit TUCSON, Ariz.
PRNewsWire Neutral
Feb 4, 2025
AudioEye (AEYE) Increases Yet Falls Behind Market: What Investors Need to Know Article
AudioEye (AEYE) Increases Yet Falls Behind Market: What Investors Need to Know
The latest trading day saw AudioEye (AEYE) settling at $18.63, representing a +0.87% change from its previous close.
Zacks Investment Research Neutral
Jan 29, 2025
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