Neonode Inc.
3.2000-0.01 (-0.31%)
Oct 29, 4:00:00 PM EDT · NasdaqCM · NEON · USD
Key Stats
Market Cap
53.71MP/E (TTM)
-Basic EPS (TTM)
-0.38Dividend Yield
0%Recent Filings
8-K
Settlement yields $15M-$20M proceeds
Neonode Inc. expects to receive $15 million to $20 million in net proceeds from a patent infringement settlement between its subsidiary Aequitas and Samsung, announced September 3, 2025, stemming from patents assigned in 2019. The cash bolsters liquidity without direct litigation involvement. No use of proceeds decided yet. A separate Apple suit lingers.
10-Q
Q2 FY2025 results
Neonode's Q2 FY2025 revenues fell 25.2% y/y to $0.6M, driven by a 34.2% drop in license fees from softer printer and passenger car touch demand, while non-recurring engineering edged up 4.3% y/y to $0.2M; gross margin held strong at 99.0%, up from 97.0% y/y. Operating loss widened 17.9% y/y to $2.1M amid higher R&D and sales costs, with net loss at $1.9M or $(0.11) per diluted share on 16,783K shares—consistent across continuing and total figures. Cash dipped to $13.2M from $16.4M year-start, with operating cash use steady at $3.1M for H1; free cash flow not disclosed in the 10-Q. Revenues skewed to Asia Pacific (45%) and automotive/IT segments, reliant on four key customers like Seiko Epson and Alps Alpine. Patent litigation with Samsung settled in principle June 2025, potentially unlocking shared proceeds. Yet customer concentration leaves Neonode exposed to demand shifts.
8-K
Neonode Q2 revenues plunge 25%
Neonode Inc. reported Q2 2025 revenues from continuing operations of $0.6 million, down 25.2% year-over-year, driven by waning demand in printer and automotive infotainment markets. Operating expenses rose 5.3% to $2.7 million, widening the loss from continuing operations to $2.0 million, or $0.12 per share. Cash and receivables fell to $13.6 million from $17.2 million at year-end. Legacy business declines persist, yet new licensing and MultiSensing® investments aim to fuel growth. Revenues dropped sharply.
8-K
Annual meeting results announced
Neonode Inc. held its 2025 Annual Meeting on July 3, reelected Ulf Rosberg and Peter Kruk to its board for three-year terms, with strong support of over 6.3 million votes each. Stockholders ratified Crowe LLP as the independent auditor for the fiscal year ending December 31, 2025, garnering 5 million votes in favor. An advisory say-on-pay vote passed narrowly, approving executive compensation. Continuity intact.
8-K
Annual meeting adjourned again
Neonode Inc. reconvened its 2025 Annual Meeting on June 26 but adjourned it again for lack of quorum, delaying votes on unchanged proposals from the April 30 proxy statement. The meeting reschedules for July 3 at 3:00 p.m. local time in Stockholm, with the April 21 record date intact and prior proxies valid. The board urges immediate voting to secure quorum. Delays risk prolonged uncertainty in governance matters.
GAUZ
Gauzy Ltd.
5.91-0.19
IFNNF
Infineon Technologies AG
38.86+0.00
LINK
Interlink Electronics, Inc.
6.27+0.02
LPTH
LightPath Technologies, Inc.
8.20-0.24
MEI
Methode Electronics, Inc.
6.85-0.23
NEOV
NeoVolta Inc.
4.14-0.05
NVEC
NVE Corporation
72.00-0.31
OUST
Ouster, Inc.
34.65+1.55
PLXS
Plexus Corp.
139.47-4.21
VIAOY
VIA optronics AG
0.01+0.00