Neonode Q1 2025 revenue falls 37% to $0.5M; loss from continuing ops $1.8M

Neonode Inc.

2025-Q1 EPS reported -$0.10 revenue$513,000

Revenue from continuing operations $0.5M, down 37% YoY due to lower printer and automotive touch demand.
Loss from continuing ops $1.8M ($0.11 per share), vs $1.7M loss ($0.11) in Q1 2024.
Cash and receivables $15.7M at March 31, 2025, down from $17.2M at Dec 31, 2024.
Operating expenses fell 8% to $2.5M; cash used by ops improved to $1.4M from $1.9M.
CEO notes no new contracts secured in Q1; legacy business decline continues.

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