AUDIOEYE INC

AudioEye, Inc. has entered into a Fourth Loan Modification Agreement with Western Alliance Bank. The amendment allows for the addition of litigation expenses (up to $5 million in 2026 and $3 million in 2027) to Adjusted EBIDA and Adjusted EBITDA calculations. Additionally, the aggregate limit for permitted stock buybacks for fiscal years 2025 through 2027 has been set at $7.0 million. The company paid a $5,000 amendment fee.

AudioEye reported an 8.7% increase in revenue for the second quarter of 2026, reaching $10.716 million. However, the company's net loss significantly widened to $(0.865) million, resulting in a net loss per share of $(0.07). Cash and cash equivalents improved to $8.717 million, partly due to additional drawdowns on its term loan, which now totals $17.0 million. The company remains in compliance with all debt covenants and has $7.45 million remaining in its share repurchase program.

AudioEye, Inc. reported record financial results for the second quarter ended June 30, 2026, marking its forty-second consecutive period of sequential revenue growth. The company achieved record total revenue of $10.7M and record Adjusted EBITDA of $3.0M, alongside strong ARR growth. Management raised its full-year adjusted EBITDA guidance and is evaluating options for deploying excess cash, including potential share buybacks and dividends. Additionally, AudioEye announced the appointment of Matthew Domeyer as Chief Financial Officer and reported an increase in its customer base.

AudioEye, Inc. held its 2026 Annual Meeting of Stockholders on June 22, 2026. Stockholders voted on two proposals: the election of five directors and an advisory vote to approve the 2025 compensation of named executive officers. All five director nominees were re-elected, and the executive compensation proposal was approved on a non-binding basis.

AudioEye, Inc. announced the appointment of Matthew Domeyer as its new Chief Financial Officer, effective July 20, 2026. Domeyer, who has nearly 20 years of finance experience, will succeed Kelly Georgevich, who recently transitioned to CEO. In connection with his appointment, Domeyer will receive an annual base salary of $350,000, a $75,000 signing bonus, and 36,000 stock units, comprising time-based and performance-based RSUs.

AudioEye, Inc. announced the dismissal of MaloneBailey, LLP as its independent registered public accounting firm, effective May 26, 2026. The company confirmed that MaloneBailey's reports for the fiscal years 2024 and 2025 contained no adverse opinions or qualifications, and there were no disagreements or reportable events. Concurrently, AudioEye engaged RSM US LLP to serve as its new independent auditor, responsible for auditing the 2026 financial statements and reviewing quarterly statements starting Q2 2026.

AudioEye announced its 2026 Virtual Annual Meeting of Stockholders to be held on Monday, June 22, 2026, where shareholders will vote on the election of five directors and an advisory resolution on 2025 executive compensation. The company recently appointed Kelly Georgevich as Chief Executive Officer and Secretary in May 2026, while she continues as Chief Financial Officer. David Moradi transitioned to Executive Chairman and Chief Product Officer in May 2026.

AudioEye Inc. reported Q1 2026 revenue of $10.55 million, an 8.42% increase from $9.73 million in Q1 2025. Despite the revenue growth, the company's net loss widened to $(2.11) million, compared to $(1.47) million in the prior year. Operating activities generated $1.26 million in cash, a significant improvement from a $(44) thousand use in the same period last year. The company also utilized $475,000 of its share repurchase program during the quarter.

AudioEye, Inc. reported record first quarter 2026 financial results, with total revenue increasing 8% to $10.6M and Adjusted EPS reaching $0.18 per share. The company also saw its Annual Recurring Revenue (ARR) grow to $41.2M. However, net loss widened to $2.1M, primarily due to higher litigation expenses. Kelly Georgevich assumed the Chief Executive Officer role, and the company provided positive guidance for Q2 and full year 2026.

AudioEye, Inc. announced a leadership evolution, effective May 4, 2026. Kelly Georgevich, previously CFO, has been appointed Chief Executive Officer, Secretary, and elected to the Board of Directors. David Moradi, the former CEO, will now serve as Executive Chairman of the Board and Chief Product Officer, focusing on capital allocation, long-term strategy, and AI initiatives. Ms. Georgevich will continue as CFO until a successor is found, and her new employment agreement includes an annual base salary of $450,000, a cash bonus, and significant equity grants.