Neonode Q3 2024 revenue $0.8M (flat YoY); net loss $1.0M; licensing revenue down 12.6%

Neonode Inc.

2024-Q3 EPS reported -$0.31 revenue$2,453,000

Net loss from continuing ops of $1.0M ($0.07/sh) vs $1.1M ($0.07/sh) in Q3 2023.
Revenue $0.8M, down 0.2% YoY; license revenue $0.7M (-12.6%) offset by NRE +2,575%.
Operating expenses $2.0M, down 2.7% YoY; cash used by ops $1.3M vs $1.8M.
Cash and AR $18.6M as of Sept 30; working capital $17.7M for continuing ops.
TSM tech agreements with NEXTY Electronics (Toyota Tsusho) and YesAR; DMS project with commercial vehicle OEM.

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