Cecilia Edström
On April 5, 2025, Cecilia Edström notified Neonode Inc. (the “Company”) of her intention to resign as a Class I director of the Company for personal reasons, effective April 10, 2025.
Highest-materiality recent filing
Neonode FY2025 revenue down 33.7% to $2.1M; net income of $8.0M on patent gain
Revenue from continuing operations of $2.1M, down 33.7% YoY due to lower legacy demand.
Neonode Q3 2025 revenue falls 48.7% YoY to $0.4M; $15.5M patent gain drives net income
Revenue from continuing operations $0.4M, down 48.7% from $0.8M in Q3 2024.
Neonode expects $15M-$20M from Samsung patent settlement
Neonode will receive 50% of net proceeds from Samsung settlement under 2019 patent assignment agreement.
Neonode Q2 2025 revenue down 25% YoY to $0.6M; net loss per share widens to $0.12
Revenue from continuing operations $0.6M, down 25.2% YoY; license revenue fell 34.2%.
Neonode appoints Daniel Alexus as President & CEO effective March 31, 2025
Daniel Alexus, former Executive Global Head of Innovation at Ericsson ONE, becomes CEO.
Neonode FY2024 revenue down 18.8% to $3.1M; loss per share widens to $0.37
Revenue $3.1M, down 18.8% YoY; license revenue $2.7M (-29.3%), NRE revenue $0.4M (+1,519%).
Neonode Q1 2024 revenue down 19% to $1.0M; net loss widens to $2.1M
Revenue $1.0M, -19.1% YoY; license revenue down 32.7% to $0.8M.
Neonode finalizes CEO Urban Forssell's departure; he becomes Senior Advisor through Dec 2024
Forssell steps down as President/CEO effective April 10, 2024; will serve as Senior Advisor to Neonode Technologies AB and Board until Dec 31, 2024.
Neonode CEO Urban Forssell steps down immediately; CFO Fredrik Nihlén appointed interim CEO
Urban Forssell resigns as President and CEO effective April 10, 2024; will serve as strategic advisor through end of 2024.
Neonode reports 2023 revenue down 21.5%; net loss widens to $10.1M
Revenue $4.4M (-21.5% YoY); license rev. $3.8M (-14.9%), product rev. $0.6M (-37.7%).
Neonode Q3 revenue $1.0M, down 17.5% YoY; net loss widens to $1.3M
Revenue $1.0M, down 17.5% YoY; license revenue $0.8M (-20%), product sales $0.2M (+5%).
Neonode Q2 revenue $1.2M (-5% YoY); product sales plunge 60%; licensing up 15%
Revenue $1.2M (-5% YoY); license revenue $1.1M (+15% YoY); product sales $0.1M (-60% YoY).
Neonode reports FY 2022 revenue of $5.7M (down 3% YoY); net loss narrows to $4.9M from $6.5M
Revenue $5.7M (-2.8% YoY); net loss $4.9M ($0.36 EPS) vs $6.5M ($0.54) prior year.
Neonode Q3 revenue $1.2M (+26% YoY); net loss $0.8M, improved vs $1.7M loss
Q3 revenue $1.2M, up 26.4% YoY; license revenue $1.0M (+27.3%), product sales $0.2M (+14%).
Neonode Q2 revenue $1.3M (-26% YoY); net loss $1.5M; cash burn widens
Revenue $1.3M, down 26.3% YoY; license revenue $1.0M (-29.8%), product sales $0.2M (-39.3%).
Neonode Q1 2022 revenue down 21% to $1.3M; net loss narrows to $1.4M
Revenue $1.3M, down 20.8% YoY; license fees $1.1M (-14.7%), product sales $0.1M (-58.6%).
Neonode Q3 revenue falls 36% to $1.0M; net loss $1.7M; raises $14.5M in October offering
Q3 2021 revenue $1.0M, down 36% YoY; net loss $1.7M ($0.15/share) vs $1.6M loss in Q3 2020.
Neonode raises $14M via registered direct offering of 1.8M shares at $7.75/sh
Offering of 1,808,000 shares at $7.75 per share with gross proceeds of ~$14M.
Neonode Q2 revenue up 127% to $1.7M; net loss $1.7M ($0.14 per share)
Revenue $1.7M, +127% YoY driven by Touch Sensor Module sales and license rebound.
On April 5, 2025, Cecilia Edström notified Neonode Inc. (the “Company”) of her intention to resign as a Class I director of the Company for personal reasons, effective April 10, 2025.
On April 9, 2025, the board of directors of the Company (the “Board”) elected Didier Schreiber a Class I director to replace Ms. Edström, effective April 10, 2025, upon Ms. Edström’s resignation.
On March 18, 2025, the Board of Directors of Neonode Inc. (the “Company”) approved the appointment of Daniel Alexus as President and Chief Executive Officer and as Managing Director of the Company, effective March 31, 2025.
On October 7, 2024, the Board of Directors of Neonode Inc. (the “Company”) elected Peter Kruk to the Company’s board of directors (the “Board”) as a Class II director, effective October 7, 2024.
pursuant to which Dr. Forssell was discharged from his position as the Company’s President and CEO and will act as a Senior Advisor to the management team of NeoNode Technologies AB, the Company’s subsidiary, and the Board until December 31, 2024.
Dr. Urban Forssell, mutually agreed that Dr. Forssell will step down as President and CEO effective immediately.
the Board appointed the Company’s Chief Financial Officer, Fredrik Nihlén, as the Company’s Interim President and CEO effective immediately.
On May 10, 2022, Mattias Bergman notified Neonode Inc. (the “Company”) of his intention to resign as a Class I director of the Company.
On May 13, 2022, the board of directors elected Cecelia Edström a Class I director to replace Mr. Bergman, effective May 13, 2022, upon Mr. Bergman’s resignation.
Max materiality 0.75 · Median 0.55 · Most common event earnings