{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-017781","form_type":"8-K","ticker":"NEON","cik":"0000087050","company_name":"Neonode Inc.","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.095265+00:00","generated_at":"2026-06-05T09:59:04.850359+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Neonode reports 2023 revenue down 21.5%; net loss widens to $10.1M","bullets":["Revenue $4.4M (-21.5% YoY); license rev. $3.8M (-14.9%), product rev. $0.6M (-37.7%).","Net loss $10.1M ($0.66/sh) vs $4.9M ($0.36/sh) in 2022; operating expenses up 4.9% to $10.7M.","Product gross margin negative 630.6%, hit by $3.6M inventory impairment and $0.4M purchase commitment loss.","Phasing out TSM product business; closing Kungsbacka production unit in H2 2024; shifting to licensing focus.","Cash and AR $17.1M at year-end; cash burn $6.3M, slightly improved from $6.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-017781","json":"https://secwatch.observer/filing/0001213900-24-017781.json","markdown":"https://secwatch.observer/filing/0001213900-24-017781.md","text":"https://secwatch.observer/filing/0001213900-24-017781.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/87050/000121390024017781/0001213900-24-017781-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/87050/000121390024017781/ea0200718-8k_neonodeinc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:59:04.850359+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9f323b1f33d5f95cdce446af15e8cb1dd97005d3","claim":"Neonode Inc. reported the fiscal year ended December 31, 2023 results: revenue $4.4 million, net income $10.1 million, EPS $0.66 per share.","evidence_excerpt":"Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023. FINANCIAL SUMMARY FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023: ● Revenue of $4.4 million, a decrease of 21.5% compared to the prior year. ● Operating expenses of $10.7 million, an increase of 4.9% compared to the prior year. ● Net loss of $10.1 million, or $0.66 per share, compared to $4.9 million, or $0.36 per share, for the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/87050/000121390024017781/0001213900-24-017781-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$4.4 million"},{"label":"Net income","value":"$10.1 million"},{"label":"EPS","value":"$0.66 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}