---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-025437"
form_type: "8-K"
ticker: "NEON"
cik: "0000087050"
company_name: "Neonode Inc."
filed_at: "2022-05-11T23:59:59+00:00"
generated_at: "2026-06-25T21:19:07.379870+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Neonode Q1 2022 revenue down 21% to $1.3M; net loss narrows to $1.4M

## Summary
- Revenue $1.3M, down 20.8% YoY; license fees $1.1M (-14.7%), product sales $0.1M (-58.6%).
- Net loss $1.4M ($0.10/share) vs $1.6M ($0.14/share) YoY.
- Cash and AR $16.3M at Mar 31, 2022, down from $18.7M at Dec 31, 2021; operating cash burn $2.3M.
- Management highlights growing interest in contactless touch TSMs but cites COVID lockdowns and chip shortages as headwinds.
- Adjusted gross margin for TSMs improved to 62% from prior quarter's 52%.

## SEC filing metadata
- accession: 0001213900-22-025437
- form_type: 8-K
- ticker: NEON
- cik: 0000087050
- company_name: Neonode Inc.
- filed_at: 2022-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87050/000121390022025437/0001213900-22-025437-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87050/000121390022025437/ea159561-8k_neonodeinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-025437
- JSON: https://secwatch.observer/filing/0001213900-22-025437.json
- Plain text: https://secwatch.observer/filing/0001213900-22-025437.txt

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