secwatch.observer — SEC 8-K summary
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Issuer:     Neonode Inc. (NEON)
CIK:        0000087050
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001213900-22-011459
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/87050/000121390022011459/0001213900-22-011459-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/87050/000121390022011459/ea156587-8k_neonodeinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-011459

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer