• Norton Antivirus for website accessibility compliance.
• TurboTax for web accessibility compliance.
• Stripe for making websites accessible.

• AudioEye Web Accessibility Platform: An AI-powered Software-as-a-Service (SaaS) solution that automatically identifies and remediates digital accessibility issues on websites to ensure compliance with standards like WCAG and ADA.
• Managed Accessibility Services: Expert-led professional services offering manual auditing, ongoing remediation, and maintenance to achieve and sustain full WCAG and ADA accessibility compliance.

Company: AudioEye (AEYE)

AudioEye sells primarily to other companies, offering digital accessibility solutions (Software as a Service - SaaS) to help organizations make their websites and digital content compliant with accessibility standards.

Based on AudioEye's financial filings, including its annual 10-K reports, no single customer accounts for 10% or more of its total revenue. Therefore, there are no "major customers" in the traditional sense of a single entity contributing a disproportionately large share of the company's income that would necessitate individual disclosure.

While no single customer accounts for a significant portion of its revenue, AudioEye serves a diverse range of organizations across various sectors. These customer companies and organizations generally fall into the following categories:

• Enterprises: Large corporations across industries such as retail, financial services, healthcare, and media that need to ensure broad accessibility for their digital presence.
• Small and Medium-sized Businesses (SMBs): A wide array of smaller companies seeking scalable and cost-effective solutions to meet accessibility requirements.
• Government and Educational Institutions: Public sector entities, state and local governments, and educational organizations (universities, school districts) complying with accessibility mandates like the Americans with Disabilities Act (ADA) and Section 508.
• Digital Agencies and Platforms: Web development agencies, marketing firms, and content management system (CMS) providers that integrate AudioEye's solutions into their offerings for their own client base.

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David Moradi, Chief Executive Officer & Executive Chairman

An entrepreneur, investor, and advisor to numerous market-leading technology companies, David Moradi is the CEO and largest shareholder of AudioEye. He is also the founder of Sero Capital, a private investment firm focused on growth opportunities in the technology sector. Mr. Moradi previously founded and served as CEO of Anthion Management, a technology-focused fund which he helped grow to over $1 billion in assets, later becoming a family office investing in early to late-stage growth companies. Prior to Anthion, he was a portfolio manager at Pequot Capital Management and an analyst and portfolio manager for Soros Fund Management.

Kelly Georgevich, Chief Financial Officer

Kelly Georgevich is an experienced finance and business leader. She has been with AudioEye as CFO since at least November 2025.

Chad Sollis, Chief Marketing Officer

Chad Sollis is a seasoned marketing and product leader with over two decades of experience. He has driven business growth and innovation across various industries, contributed to scaling businesses from $30 million to $3 billion in annual revenue, and helped four companies execute successful IPOs.

John Postlethwait, Chief Operating Officer

John Postlethwait is an experienced engineering and operational leader with over two decades of experience in software development and seven years in software development leadership. He most recently worked at Oracle Cloud, managing teams to deliver products for highly-available data processing workloads.

Mike Paciello, Chief Accessibility Officer

Mike Paciello has been a pioneer and influential figure in the accessibility industry for over four decades. He authored the first book on web accessibility and usability, and is the founder of TPGi and WebABLE. He also co-founded WebABLE.tv and Open Access Technologies, and served as co-chair of the U.S. Access Board.

There are clear emerging threats to AudioEye (AEYE):

• Increasing pushback and negative sentiment from accessibility professionals and disability advocates against web accessibility "overlay" solutions. Many prominent accessibility experts, organizations (such as the National Federation of the Blind), and legal professionals argue that overlay solutions often fail to achieve true accessibility, can introduce new barriers, and do not foster a culture of "born accessible" design. This growing consensus erodes trust, influences potential customers away from overlay-dependent solutions, and can lead to a shrinking addressable market or increased customer churn for companies like AudioEye.
• Continued legal challenges and lawsuits against websites that utilize web accessibility overlay solutions. A core promise of overlay providers like AudioEye is to mitigate legal risk and help websites achieve ADA compliance. However, there are documented instances where websites employing such solutions have still faced lawsuits for accessibility failures. This directly undermines the fundamental value proposition of AudioEye, demonstrating that overlays are not a complete legal shield and potentially increasing the difficulty in retaining customers or acquiring new ones.

• Global Digital Accessibility Software Market:
  • In 2023, the market size was estimated at USD 721.1 million.
  • It is projected to reach USD 1.30 billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030.
  • Another estimate values the global digital accessibility market at USD 1,417.47 million in 2025 and projects it to reach USD 3,239.42 million by 2034, with a CAGR of 8.6% during the forecast period.
  • The global Digital Accessibility Software Market was valued at USD 670.37 million in 2023 and is expected to reach USD 1,373.92 million by 2032, growing at a CAGR of 8.35% from 2024-2032.
• North America Digital Accessibility Software Market:
  • North America held a 43.6% share of the global digital accessibility software market in 2023.
  • It captured 44.98% of revenue in 2024.
  • The region is expected to achieve a market value of USD 535.1 million by 2031.
  • North America dominated the market in 2025 with a revenue share of 36.27%.
  • North America held the highest revenue share of approximately 44% in 2023.
• U.S. Digital Accessibility Software Market:
  • The U.S. digital accessibility market was valued at USD 521.38 million in 2024 and is projected to reach USD 585.72 million in 2025.
  • The U.S. Digital Accessibility Software Market was valued at USD 211.09 million in 2023 and is expected to reach USD 431.50 million by 2032, growing at a CAGR of 8.27% from 2024-2032.
• Website Accessibility Software Segment (Global):
  • This segment accounted for the largest revenue share of over 77.9% in 2023 within the global digital accessibility software market.
  • It is projected to achieve a market value of USD 977.1 million by 2031.
  • Website Accessibility Platforms held 47.2% of the digital accessibility software market share in 2024.

AudioEye (AEYE) is anticipated to experience future revenue growth over the next two to three years driven by several key factors:

1. Regulatory Tailwinds: The enforcement of the European Accessibility Act (EAA) in June 2025 and upcoming Department of Justice (DOJ) Title II rules in the United States are expected to significantly increase demand for digital accessibility solutions. This regulatory momentum is projected to spark a multi-year surge in demand, boosting both revenue and margin durability for AudioEye.
2. Expansion in Partner & Marketplace and Enterprise Channels: AudioEye is actively growing its customer base through strategic expansions in its Partner & Marketplace and Enterprise channels. Key partnerships, such as those with Finalsite (K-12 school technology) and CivicPlus (public sector SaaS solutions), are aimed at penetrating new markets and driving substantial long-term revenue growth.
3. Product Innovation and AI Integration: The company is focused on integrating artificial intelligence (AI) into its product offerings to enhance accessibility testing, remediation, and internal workflows. This strategic focus on AI-driven product enhancements and new product introductions, such as Accessibility Protection Status and Accessibility Testing Software Development Kit, is expected to accelerate issue resolution and improve efficiency, contributing to revenue growth.
4. Migration to Recurring Revenue Models: AudioEye is strategically transitioning customers from lower-margin, legacy consulting and audit services to its core automated platform, which generates higher-margin recurring revenue. This migration is expected to optimize cash flow and enhance profitability, thereby supporting overall revenue expansion.
5. Growth in Annual Recurring Revenue (ARR): AudioEye has consistently demonstrated growth in its Annual Recurring Revenue (ARR), achieving $38.7 million by the end of Q3 2025, a $2.5 million increase year-over-year. This steady increase in recurring revenue provides a strong foundation for predictable future revenue growth.

Share Repurchases

• A share repurchase program authorizing up to $5 million was adopted in November 2023 and terminated in March 2025.
• In January 2025, the Board of Directors authorized a new share repurchase program of up to $12.5 million, set to expire on January 24, 2027.
• As of September 30, 2025, AudioEye had repurchased $3.59 million of stock year-to-date, with $8.91 million remaining under the current authorization. This included approximately $1.8 million in Q2 2025 and another $1.8 million in Q3 2025.

Share Issuance

• In August 2020, AudioEye announced a public offering of its common stock, with the net proceeds intended for working capital and general corporate purposes.
• An Employee Stock Purchase Plan (ESPP) was approved by stockholders in May 2022, providing for the issuance of up to 500,000 shares of common stock.

Capital Expenditures

• AudioEye's business plan projects that future capital outlays could substantially increase as the company implements its strategies.
• Capitalized software development costs amounted to $3,077,000 as of March 31, 2025, an increase from $3,054,000 at December 31, 2024.
• Future capital requirements are anticipated to be influenced by factors such as market conditions, sales and marketing costs, and information technology development and acquisition costs.