---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-25-000769"
form_type: "8-K"
ticker: "NEON"
cik: "0000087050"
company_name: "Neonode Inc."
filed_at: "2025-03-21T23:59:59+00:00"
generated_at: "2026-05-24T09:30:04.161320+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Neonode FY2024 revenue down 18.8% to $3.1M; loss per share widens to $0.37

## Summary
- Revenue $3.1M, down 18.8% YoY; license revenue $2.7M (-29.3%), NRE revenue $0.4M (+1,519%).
- Loss from continuing ops $5.9M ($0.37/sh) vs $5.1M ($0.33/sh) in prior year.
- Cash used by ops $5.6M (improved from $6.3M); cash & AR $17.2M at Dec 31, 2024.
- Discontinued TSM manufacturing; focusing on MultiSensing and zForce licensing. Awarded DMS software for commercial vehicle OEM.
- CEO sees transition; NRE projects expected to generate license revenues once in production.

## SEC filing metadata
- accession: 0001013762-25-000769
- form_type: 8-K
- ticker: NEON
- cik: 0000087050
- company_name: Neonode Inc.
- filed_at: 2025-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87050/000101376225000769/0001013762-25-000769-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87050/000101376225000769/ea0234559-8k_neonode.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-25-000769
- JSON: https://secwatch.observer/filing/0001013762-25-000769.json
- Plain text: https://secwatch.observer/filing/0001013762-25-000769.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
