---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-065309"
form_type: "8-K"
ticker: "NEON"
cik: "0000087050"
company_name: "Neonode Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T20:55:50.634197+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Neonode Q2 revenue $1.2M (-5% YoY); product sales plunge 60%; licensing up 15%

## Summary
- Revenue $1.2M (-5% YoY); license revenue $1.1M (+15% YoY); product sales $0.1M (-60% YoY).
- Net loss $1.5M ($0.10 per share), unchanged from prior year.
- Cash used by operations improved to $0.6M from $2.9M; cash and AR $21.6M.
- CEO notes licensing stable but product sales weak; implementing changes to revive product growth.

## SEC filing metadata
- accession: 0001213900-23-065309
- form_type: 8-K
- ticker: NEON
- cik: 0000087050
- company_name: Neonode Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87050/000121390023065309/0001213900-23-065309-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87050/000121390023065309/ea183033-8k_neonodeinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-065309
- JSON: https://secwatch.observer/filing/0001213900-23-065309.json
- Plain text: https://secwatch.observer/filing/0001213900-23-065309.txt

## Key facts
- Earnings Releases
  Neonode Inc. reported three months ended June 30, 2023 results: revenue $1.2 million, net income Net loss of $1.5 million, EPS $0.10 per share.
  - Period: three months ended June 30, 2023
  - Revenue: $1.2 million
  - Net income: Net loss of $1.5 million
  - EPS: $0.10 per share
  - Result: reported results
  source text: Neonode Reports Quarter Ended June 30, 2023 Financial Results STOCKHOLM, SWEDEN, August 10, 2023 — Neonode Inc. (NASDAQ: NEON) today reported financial results for the three and six months ended June 30, 2023 . FINANCIAL SUMMARY FOR THE THREE MONTHS ENDED JUNE 30, 2023: ● Revenue of $1.2 million, a decrease of 5.3% compared to the same period in the prior year. ● Operating expenses of $2.8 million, a decrease of 1.9% compared to the same period in the prior year. ● Net loss of $1.5 million, or $0.10 per share, compared to $1.5 million, or $0.11 per share, for the same period in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/87050/000121390023065309/0001213900-23-065309-index.htm

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