Neonode FY2021 revenue $5.8M (-2.5%); net loss $6.5M vs $5.6M

Neonode Inc.

Revenue $5.8M, down 2.5% YoY; license revenue $4.8M (+3.7%), product sales flat at $1.0M.
Net loss $6.5M ($0.54 per share) vs $5.6M ($0.56) in prior year.
Operating expenses $12.0M, up 8.0% driven by headcount additions.
Cash and accounts receivable $18.7M at Dec 31, 2021, up from $12.2M year-end 2020.
CEO cites pandemic lock-downs and supply chain constraints as key headwinds; sees growing demand for contactless touch.

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