Welcome to our dedicated page for Neonode SEC filings (Ticker: NEON), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Neonode Inc. filings document a Delaware technology company's operating results, governance and material-event disclosures. Form 8-K reports provide earnings releases for interim and annual periods, Regulation FD updates on proceeds associated with patents assigned to Aequitas Technologies, and annual meeting proceedings, including quorum-related adjournments and stockholder vote results.
Proxy materials describe annual meeting proposals, director elections, board classifications, executive compensation, auditor ratification and related stockholder voting mechanics. The filings also show how the company frames licensing revenue, legacy touch-technology markets, MultiSensing and zForce activity in formal earnings exhibits and meeting materials.
Neonode Inc. reported very small revenues and continued losses for the quarter ended June 30, 2026. Total revenues were $0.48 million, down 20.4% from $0.60 million a year earlier, as non‑recurring engineering work declined sharply, partly offset by higher license fees. Gross margin remained high at 98.1%.
The company recorded a loss from continuing operations of $2.14 million for the quarter and $4.00 million for the first half, slightly worse than 2025. Operating cash outflow was $4.00 million for the first six months. Cash and cash equivalents were $21.3 million and working capital was $20.3 million as of June 30, 2026; management believes this is sufficient to fund operations for at least twelve months. Customer concentration is high, with a handful of OEM and technology companies providing most receivables and revenues. The company continues to report material weaknesses in internal control over financial reporting related to IT general controls, segregation of duties, and income tax calculations, and is implementing remediation steps. An at‑the‑market equity facility of up to $10 million remains available but unused.
Neonode Inc. reported results for the quarter and six months ended June 30, 2026. For the quarter, revenues from continuing operations were $0.5 million, down 20.4% from the same period in 2025, as non-recurring engineering revenue fell 81.5% to $36,000. License revenues rose 9.2% to $0.4 million, helped by new license agreements, and management highlighted that MultiSensing® license revenue grew more than fivefold year over year.
Operating expenses from continuing operations were $2.8 million, up 3.2%, leading to a loss from continuing operations of $2.1 million, or $0.13 per share, versus a $0.12 loss a year earlier. Net loss for the quarter was $2.1 million. Cash used by operations in the second quarter was $1.9 million, and cash and accounts receivable totaled $21.7 million with working capital of $20.3 million as of June 30, 2026, compared with $25.8 million and $24.1 million at December 31, 2025.
Neonode Inc. received a notice from Nasdaq on August 6, 2026 stating that its common stock no longer satisfies the $1.00 per share Minimum Bid Price Requirement because the bid price closed below $1.00 for 30 consecutive business days. The stock continues to trade on the Nasdaq Capital Market under the symbol NEON.
Under Nasdaq Listing Rule 5810(c)(3)(A), Neonode has a 180-day grace period, until February 2, 2027, to regain compliance by maintaining a closing bid of at least $1.00 for a minimum of ten consecutive business days. If compliance is not regained, the company may qualify for an additional 180-day period if other listing standards are met and it notifies Nasdaq it intends to cure the deficiency, potentially through a reverse stock split. Failing that, its shares could be subject to delisting, though the company could appeal to a Nasdaq Hearings Panel.
Neonode Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 17, 2026. Stockholders reelected Peter Lindell and Per Löfgren as Class III directors for three-year terms, with 5,192,121 and 5,944,694 votes for, respectively.
They also ratified Crowe LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 8,388,399 votes for. In an advisory say-on-pay vote, stockholders approved compensation for the company’s named executive officers, receiving 5,919,473 votes for.
Neonode Inc. reported higher revenue but continued losses for the quarter ended March 31, 2026. Total revenue was $614,000, up from $513,000 a year earlier, driven mainly by increased license fees. Gross margin remained very high at 99.3%, reflecting its asset‑light licensing model.
The company recorded a net loss from continuing operations of $1.9 million, similar to the prior year, or $0.11 per share. Cash and cash equivalents were $23.2 million, and management believes this is sufficient to fund operations for at least twelve months. Working capital totaled $22.3 million.
Neonode continues to focus on software-based machine perception solutions, primarily for automotive and IT & industrial markets, with Japan representing a large share of revenue. The company maintains an at-the-market equity program it has not used this quarter and is working to remediate previously identified material weaknesses in internal control over financial reporting.
Neonode Inc. reported higher revenue but continued losses for the quarter ended March 31, 2026. Revenue from continuing operations rose to $0.6 million, up 19.7% year over year, driven mainly by new license agreements and growth across geographies and both MultiSensing® and zForce® platforms.
Operating expenses increased 8.6% to $2.7 million, reflecting higher professional fees, leading to a loss from continuing operations of $1.9 million, or $0.11 per share, similar to the prior year. Operating cash outflow widened to $2.1 million, and cash and accounts receivable declined to $23.8 million with working capital of $22.3 million as of March 31, 2026.
Management highlighted nearly 20% topline growth, the transition of a MultiSensing automotive OEM customer from development to production, and expectations for ongoing decline in the legacy zForce printer and automotive infotainment business, while focusing on automotive and retail opportunities for future licensing growth.
Neonode Inc. is calling its 2026 annual stockholder meeting to elect two Class III directors, ratify its auditor, and hold an advisory vote on executive compensation.
The meeting is scheduled for June 17, 2026 at Neonode’s Stockholm headquarters, with an April 21, 2026 record date and 16,782,922 common shares outstanding. The board has nominated Peter Lindell and Per Löfgren for new three-year terms and determined all directors are independent under Nasdaq rules.
Stockholders will also vote on ratifying Crowe LLP as auditor for 2026; Crowe billed $400,308 in audit fees for 2025. A nonbinding “say-on-pay” vote will cover 2025 compensation, including $213,037 for CEO Pierre Daniel Alexus and $246,722 for CFO Fredrik Nihlén. Major holders Ulf Rosberg and Peter Lindell beneficially own about 11.05% and 10.72% of shares, respectively, while 691,399 shares remain available under equity plans.
Neonode Inc. reports a rare profit for 2025 driven by a one-time patent gain, while its core licensing business shrinks. Revenue from continuing operations fell 33.7% to $2.1 million, with license fees down 32.2% as demand weakened for legacy printer and automotive touch products and non-recurring engineering work.
The company recorded operating income of $7.4 million and net income from continuing operations of $8.0 million, primarily from a $19.4 million gain on a patent assignment related to litigation against Samsung, partly offset by a $3.9 million broker fee. Without this gain, operations remained loss-making with very high operating expenses relative to revenue.
Neonode ended 2025 with cash and cash equivalents of $25.4 million and working capital of $24.1 million, and management believes this supports at least 12 months of operations. However, the business still relies on a small number of major customers, mainly in Japan, and has identified material weaknesses in internal control over financial reporting. Strategy now centers on software-based machine perception for automotive driver and in-cabin monitoring, while the zForce platform has been put into maintenance mode for existing customers only.
Neonode Inc. reported 2025 results showing a sharp swing to profitability driven by a major patent transaction, despite weaker core revenue. Revenue from continuing operations was $2.1 million, down 33.7% from 2024 as legacy printer and passenger car touch applications declined.
Operating expenses rose to $10.2 million, up 6.7%, mainly from unfavorable exchange rates and higher professional fees. A $19.4 million gain from a patent assignment, partly offset by a $3.9 million brokerage fee, produced income from continuing operations of $8.0 million, or $0.48 per share, versus a $5.9 million loss in 2024.
Net income reached $8.5 million, or $0.51 per share. Cash used by operations increased to $10.3 million, but patent proceeds boosted cash and equivalents to $25.4 million and working capital to $24.1 million as of December 31, 2025. Management highlighted a strategic pivot from the legacy zForce platform toward the MultiSensing computer vision platform, including the start of production with a commercial vehicle OEM and plans to grow automotive driver monitoring and new verticals.
Neonode Inc. reported a sharp swing to profit in Q3 2025, driven by a one-time gain from a patent assignment. Revenue was $0.43 million (down 48.7% year over year), with gross margin of 97.9%. Operating expenses were $2.12 million. The company recognized a $19.39 million gain and a related $3.88 million broker fee, lifting operating income to $13.81 million and net income to $14.18 million (vs. a $1.09 million loss a year ago).
Year-to-date, revenue was $1.54 million (down 37.1%), with $10.58 million net income. Cash and equivalents were $11.59 million at quarter end, and operating cash flow for the nine months was $(4.64) million. Customer concentration remained high in the quarter, led by Seiko Epson 46.3%, Hewlett‑Packard 21.5%, and Alps Alpine 15.0%. In September 2025, Neonode transitioned its zForce platform to maintenance mode while continuing to support existing customers. Shares outstanding were 16,782,922 as of November 3, 2025.