---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-018701"
form_type: "8-K"
ticker: "NEON"
cik: "0000087050"
company_name: "Neonode Inc."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T08:04:56.248464+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Neonode reports FY 2022 revenue of $5.7M (down 3% YoY); net loss narrows to $4.9M from $6.5M

## Summary
- Revenue $5.7M (-2.8% YoY); net loss $4.9M ($0.36 EPS) vs $6.5M ($0.54) prior year.
- Operating expenses down 15.3% to $10.2M; cash burn from operations $6.8M vs $7.7M.
- ATM facility raised ~$4.7M in Q4 2022 and ~$7.9M in Jan 2023 at avg $7.24/share.
- License revenues fell 6.6% to $4.5M due to COVID component shortages; product sales flat at $1.0M.
- Management optimistic about 2023 growth; adding sales resources and expanding partnerships.

## SEC filing metadata
- accession: 0001213900-23-018701
- form_type: 8-K
- ticker: NEON
- cik: 0000087050
- company_name: Neonode Inc.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87050/000121390023018701/0001213900-23-018701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87050/000121390023018701/ea174629-8k_neonode.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-018701
- JSON: https://secwatch.observer/filing/0001213900-23-018701.json
- Plain text: https://secwatch.observer/filing/0001213900-23-018701.txt

## Key facts
- Earnings Releases
  Neonode Inc. reported fiscal year ended December 31, 2022 results: revenue $5.7 million, net income $4.9 million, or $0.36 per share, EPS $0.36 per share.
  - Period: fiscal year ended December 31, 2022
  - Revenue: $5.7 million
  - Net income: $4.9 million, or $0.36 per share
  - EPS: $0.36 per share
  - Result: reported results
  source text: Inc. (NASDAQ: NEON), today reported financial results for the fiscal year ended December 31, 2022. FINANCIAL SUMMARY FOR THE FISCAL YEAR ENDED DECEMBER 31, 2022: ● Revenue of $5.7 million, a decrease of 2.8% compared to prior year. ● Operating expenses of $10.2 million, a decrease of 15.3% compared to prior year. ● Net loss of $4.9 million, or $0.36 per share,
  evidence_url: https://www.sec.gov/Archives/edgar/data/87050/000121390023018701/0001213900-23-018701-index.htm

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