---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-008757"
form_type: "8-K"
ticker: "NEON"
cik: "0000087050"
company_name: "Neonode Inc."
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T10:00:05.969373+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Neonode FY2025 revenue down 33.7% to $2.1M; net income of $8.0M on patent gain

## Summary
- Revenue from continuing operations of $2.1M, down 33.7% YoY due to lower legacy demand.
- Operating expenses rose 6.7% to $10.2M; cash used by operations nearly doubled to $10.3M.
- Gain from patent assignment to Aequitas of $15.5M drove income of $8.0M ($0.48/shr) vs. prior year loss of $5.9M.
- Cash and accounts receivable $25.7M; working capital $24.1M at year-end.
- Started production with commercial vehicle OEM in December; zForce transitioned to maintenance mode; new EVP Sales & Marketing appointed.

## SEC filing metadata
- accession: 0001437749-26-008757
- form_type: 8-K
- ticker: NEON
- cik: 0000087050
- company_name: Neonode Inc.
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87050/000143774926008757/0001437749-26-008757-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87050/000143774926008757/neon20251210_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-008757
- JSON: https://secwatch.observer/filing/0001437749-26-008757.json
- Plain text: https://secwatch.observer/filing/0001437749-26-008757.txt

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