Neonode Q3 revenue $1.2M (+26% YoY); net loss $0.8M, improved vs $1.7M loss

Neonode Inc.

2022-Q3 EPS reported -$0.27 revenue$3,801,000

Q3 revenue $1.2M, up 26.4% YoY; license revenue $1.0M (+27.3%), product sales $0.2M (+14%).
Operating expenses $2.1M, down 21.8% YoY; net loss $0.8M ($0.06 per share) vs $1.7M loss.
Cash and AR $12.3M at Sep 30, 2022 vs $18.7M at Dec 31, 2021; cash used by ops $0.5M.
CEO cites TSM growth in elevators/kiosks and interest in holographic displays; automotive licensing progress.
Nine-month revenue $3.8M (-12.6% YoY); net loss $3.7M ($0.27 per share) vs $4.9M loss.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Neonode Inc. reported financial results for three and nine months ended September 30, 2022.

Period: three and nine months ended September 30, 2022
Result: reported results

Exact text from the filing

On November 10, 2022, Neonode Inc. (the “Company”) reported its earnings for the three and nine months ended September 30, 2022 (the “Earnings Release”)

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39 earnings releases filed in the last 30 days. Browse all earnings releases →

Neonode Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-070860

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