NEON Neonode, Inc.
Neonode, Inc. engages in the touch technology licensing and sensor module business. It develops optical touch and gesture solutions for human interaction with devices. The company 's patented optical interactive sensing technology is developed for devices like automotive systems, printers, PC devices, monitors, mobile phones, tablets and e-readers. Neonode was founded by Thomas Eriksson on September 4, 1997 and is headquartered in Stockholm, Sweden.
Company profile
Ticker
NEON
Exchange
CEO
Håkan Persson
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Neonode, Inc, Sbe Inc
SEC CIK
Corporate docs
IRS number
941517641
NEON stock data
()
Calendar
14 Aug 19
19 Oct 19
31 Dec 19
News
Company financial data Financial data
| Quarter (USD) | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|
| Revenue | 1.71M | 2.01M | 2.36M | 1.92M | |
| Net income | -1.26M | -573K | -594K | -809K | |
| Diluted EPS | -0.14 | -0.07 | -0.1 | -0.14 | |
| Net profit margin | -73.92% | -28.48% | -25.13% | -42.07% | |
| Operating income | -1.31M | -668K | -903K | -934K | |
| Net change in cash | -1.18M | -733K | 3.87M | -1M | |
| Cash on hand | 4.64M | 5.82M | 6.56M | 2.69M | |
| Cost of revenue | 71K | 101K | 447K | 339K |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 8.54M | 10.24M | 10.21M | 11.12M | |
| Net income | -3.06M | -4.71M | -5.29M | -7.82M | |
| Diluted EPS | -0.52 | -0.89 | -0.12 | -0.19 | |
| Net profit margin | -35.84% | -45.94% | -51.81% | -70.36% | |
| Operating income | -3.88M | -5.48M | -5.14M | -7.7M | |
| Net change in cash | 759K | 2.32M | 394K | -3.05M | |
| Cash on hand | 6.56M | 5.8M | 3.48M | 3.08M | |
| Cost of revenue | 921K | 2.34M | 1.34M | 3.78M |
Financial data from Neonode earnings reports
Financial report summary
?Management Discussion
- All of our sales for the three and six months ended June 30, 2019 and 2018 were to customers located in the U.S., Europe and Asia.
- The decrease of 9% and 12% in total net revenues for the three- and six-month periods in 2019 as compared to the same periods in 2018 was primarily related to lower printer license revenues from Canon, partly offset by higher printer license revenues from Lexmark and higher sales of sensor modules.
- Our net revenues for the three and six months ended June 30, 2019 included $1.5 million and $3.4 million, respectively, from technology license fees, $222,000 and $273,000, respectively, from sales of sensor modules and $20,000 and $40,000, respectively, from sales of NRE. Our net revenues for the three and six months ended June 30, 2018 included $1.8 million and $4.1 million, respectively, from technology license fees, $85,000 and $137,000, respectively, from sales of sensor modules and $30,000 and $30,000, respectively, from sales of NRE. There were no sales of NRE during the first three months 2018.
Content analysis
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| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
assigned, assignment, begun, collaboration, Delivery, display, extensive, Finetek, HK, holder, Hong, Kong, leading, lieu, machine, nearest, onForm, pending, portfolio, program, promote, retrofit, rounded, Serial
Removed:
public, substantially
Financial reports
10-Q
2019 Q2
Quarterly report
14 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
7 Mar 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
10-Q
2018 Q2
Quarterly report
9 Aug 18
10-Q
2018 Q1
Quarterly report
8 May 18
10-K
2017 FY
Annual report
8 Mar 18
10-Q
2017 Q3
Quarterly report
9 Nov 17
10-Q
2017 Q2
Quarterly report
9 Aug 17
10-Q
2017 Q1
Quarterly report
9 May 17
Current reports
8-K
Departure of Directors or Certain Officers
3 Sep 19
8-K
Results of Operations and Financial Condition
14 Aug 19
8-K
Material Modifications to Rights of Security Holders
1 Jul 19
8-K
Departure of Directors or Certain Officers
12 Jun 19
8-K
Submission of Matters to a Vote of Security Holders
11 Jun 19
8-K
Neonode Announces Appointment of New Chief Financial Officer
31 May 19
8-K
Entry into a Material Definitive Agreement
8 May 19
8-K
Results of Operations and Financial Condition
8 May 19
8-K
Departure of Directors or Certain Officers
17 Apr 19
8-K
Results of Operations and Financial Condition
7 Mar 19
Registration and prospectus
S-3
Shelf registration
15 Mar 17
424B3
Prospectus supplement
13 Sep 16
S-3
Shelf registration
2 Sep 16
D
$8.7M in equity / options / securities to be acquired, sold $8.66M, 21 investors
26 Aug 16
424B5
Prospectus supplement for primary offering
7 Oct 15
S-8
Registration of securities for employees
15 Jul 15
S-3
Shelf registration
30 May 14
S-3
Shelf registration
30 May 14
D
$22.73M in equity / options / securities to be acquired, sold $22.73M, 1 investor
19 May 14
S-8
Registration of securities for employees
22 Nov 13
Proxies
DEFA14A
Additional proxy soliciting materials
26 Apr 19
DEF 14A
Definitive proxy
26 Apr 19
PRE 14A
Preliminary proxy
12 Apr 19
DEF 14A
Definitive proxy
26 Apr 18
DEFA14A
Additional proxy soliciting materials
26 Apr 18
PRE 14A
Preliminary proxy
16 Apr 18
DEFA14A
Additional proxy soliciting materials
19 Sep 17
DEF 14A
Definitive proxy
22 Aug 17
DEFA14A
Additional proxy soliciting materials
22 Aug 17
PRE 14A
Preliminary proxy
11 Aug 17
Other
SD
Conflict minerals disclosure
24 May 19
SD
Conflict minerals disclosure
25 May 18
UPLOAD
Letter from SEC
15 Sep 17
CORRESP
Correspondence with SEC
7 Sep 17
UPLOAD
Letter from SEC
23 Aug 17
SD
Conflict minerals disclosure
31 May 17
EFFECT
Notice of effectiveness
24 Mar 17
CORRESP
Correspondence with SEC
22 Mar 17
UPLOAD
Letter from SEC
21 Mar 17
EFFECT
Notice of effectiveness
13 Sep 16