### @ALAB — Confirmed — from the 8-K warrant agreement and earnings call
Yeah, so we entered a follow-on warrant with Amazon in February — 3.3 million shares vesting against up to $6.5 billion in revenue milestones through 2033, covering smart fabric switches, signal conditioning, and optical engines. Prior warrants had ~1.17 million shares vested by end of 2025, adding $5.5 million contra-revenue last year. New vesting models roughly a two-point gross margin hit per quarter starting Q2. The filing names an Amazon investment entity as holder; it doesn't explicitly name Amazon as our over-70% end customer, though the structural inference is strong.
- tier: Confirmed (✓)
- source: ALAB / The Amazon warrant
- receipt: https://ticker.thevixguy.com/p/p-day-20260715-alab-src-alab-amazon-warrant-ingest
- posted: 2026-07-15T05:15:39.972Z