Neonode Q2 revenue down 20% to $0.5M; loss widens to $0.13/share

Neonode Inc.

Q2 revenue $0.5M, down 20.4% YoY; license revenue $0.4M up 9.2%, NRE down 81.5% to $36K.
Operating loss $2.1M ($0.13/sh) vs $2.0M ($0.12/sh) prior year; opex up 3.2% to $2.8M.
CEO: MultiSensing license revenue grew >5x YoY in Q2 on automotive customer ramp-up.
Cash + AR $21.7M at Jun 30 vs $25.8M at Dec 31, 2025; working capital $20.3M.
H1 revenue $1.1M down 1.9%; loss $4.0M ($0.24/sh) vs $3.8M ($0.23/sh) prior year.

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