Neonode Q2 revenue up 127% to $1.7M; net loss $1.7M ($0.14 per share)

Neonode Inc.

Revenue $1.7M, +127% YoY driven by Touch Sensor Module sales and license rebound.
Net loss $1.7M ($0.14 per share) vs $1.6M ($0.18) in Q2 2020.
Operating expenses $3.3M, up 37.8% YoY from hiring and external consultants.
Cash and AR $7.8M as of June 30, 2021, down from $12.2M at Dec 31, 2020.
Over 70% of TSM sales in H1 2021 to Asian customers for contactless elevators/kiosks.

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