secwatch.observer — SEC 8-K summary
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Issuer:     Neonode Inc. (NEON)
CIK:        0000087050
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001213900-24-094788
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/87050/000121390024094788/0001213900-24-094788-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/87050/000121390024094788/ea0219933-8k_neonode.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-094788

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer