The large amount of non-cash revenue in Q2 is concerning. Not sure if it is because AEYE needs those technologies or because they have to make the concession to make the sales. But those are the initial sales and since they use SaaS model, they would have repeat revenue year over year and cash revenue?. Too bad nobody asked those questions. Wondering if they would respond to email from individual investors.
BTW, I have some vague memory that one of the accusations against Enron was creative accounting. They swapped some services/products/capacity? with another company and recorded that as revenue though there was no cash changing hands. I assume what AEYE did is legit.
-M