Company profile

Ticker
NEON
Exchange
Website
CEO
Urban Forssell
Employees
Incorporated in
Location
Fiscal year end
Former names
Neonode, Inc, Sbe Inc
SEC CIK
IRS number
941517641

NEON stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

13 May 20
15 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 1.29M 1.61M 1.31M 1.71M
Net income -1.11M -2.59M -1.2M -1.33M
Diluted EPS -0.11 -0.27 -0.12 -0.14
Net profit margin -85.94% -160% -91.53% -77.78%
Operating income -1.09M -2.56M -1.19M -1.31M
Net change in cash -1.17M -668K -1.61M -1.18M
Cash on hand 1.19M 2.36M 3.03M 4.64M
Cost of revenue 44K 447K 64K 71K
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 6.65M 8.54M 10.24M 10.21M
Net income -5.8M -3.94M -5.5M -5.65M
Diluted EPS -0.6 -0.52 -0.89 -0.12
Net profit margin -87.30% -46.17% -53.66% -55.31%
Operating income -5.73M -3.88M -5.48M -5.14M
Net change in cash -4.2M 759K 2.32M 394K
Cash on hand 2.36M 6.56M 5.8M 3.48M
Cost of revenue 683K 921K 2.34M 1.34M

Financial data from Neonode earnings reports

5.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 10 10
Opened positions 2 3 -33.3%
Closed positions 2 2
Increased positions 2 1 +100.0%
Reduced positions 1 2 -50.0%
13F shares
Current Prev Q Change
Total value 941K 1.05M -10.6%
Total shares 532.32K 542.84K -1.9%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
AWM Investment 356.21K $630K 0.0%
BLK BlackRock 96.56K $171K 0.0%
Vanguard 44.97K $80K 0.0%
Geode Capital Management 18.44K $32K +5.2%
MS^L Morgan Stanley 7K $12K 0.0%
UBS UBS 6.63K $12K +1477.4%
BAC Bank of America 1.74K $3K NEW
BCS Barclays 747 $1K -84.9%
WFC^Z Wells Fargo & Company 31 $0 NEW
Proequities 0 $0
Largest transactions
Shares Bought/sold Change
CS Credit Suisse 0 -15.2K EXIT
UBS UBS 6.63K +6.21K +1477.4%
BCS Barclays 747 -4.2K -84.9%
BAC Bank of America 1.74K +1.74K NEW
Geode Capital Management 18.44K +906 +5.2%
WFC^Z Wells Fargo & Company 31 +31 NEW
RY Royal Bank of Canada 0 -3 EXIT
MS^L Morgan Stanley 7K 0 0.0%
BLK BlackRock 96.56K 0 0.0%
AWM Investment 356.21K 0 0.0%

Financial report summary

?
Management Discussion
  • All of our sales for the three months ended March 31, 2020 and 2019 were to customers located in the U.S., Europe and Asia.
  • Since January 1, 2020, we have allocated revenues to three different business areas. Revenues allocated to HMI Solutions consists of license fees and non-recurring engineering revenues allocated thereto while revenues allocated to HMI Products derive from sale of sensor modules and non-recurring engineering revenues allocated thereto. We expect future revenues within our Remote Sensing Solutions business area to derive from license fees and non-recurring engineering revenues.
  • The decrease of 36% in total net revenues for the three-month period in 2020 as compared to the same period in 2019 was primarily related to lower printer license revenues from HP, Epson and Amazon. This was partly offset by higher module sales and non-recurring engineering revenues in the first quarter of 2020. The decrease in revenues was also the result of lower estimates for unbilled license fees. In accordance with our revenue recognition policy, we record unbilled license fees using prior royalty revenue data. For the three months ended March 31, 2020, due to the uncertainty in the global economy, we recorded lower estimated license fees than in the same period in 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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Patents

APP
Utility
Optical Proximity Sensor
28 May 20
A sensor including lenses, light emitters, each emitter projecting light out of a lens in a particular emission direction along a detection plane, light detectors, each detector detecting maximum light intensity when light enters a lens at a particular detection angle, a table of hotspots, each hotspot corresponding to an emitter-detector pair, the hotspot being a two-dimensional location in the detection plane along the emission direction of the emitter of the pair where projected light reflected by an object placed at that location, enters the lens for the detector of the pair at the detection angle of the detector, and a processor receiving outputs from the detectors corresponding to detected amounts of projected light reflected by an object in the detection plane, and calculating a two-dimensional location of the object in the detection plane based on the received outputs and based on hotspots for synchronously activated emitter-detector pairs.
APP
Utility
Optical Proximity Sensors
14 May 20
A sensor including multiple sensor modules and a processor, each sensor module including lenses, light detectors, each detector positioned along the image plane of a lens so as to receive maximum light intensity when light enters the lens at a particular angle, light emitters, each emitter being positioned in relation to a lens so as to project light into a detection zone, an activating unit synchronously co-activating each emitter with at least one of the detectors, and a calculating unit receiving outputs from the detectors corresponding to amounts of projected light reflected by an object in the detection zone to the detectors, and calculating a two-dimensional location of the object in the detection zone based on the detector outputs and the particular angle, wherein neighboring modules monitor different detection zones, and the processor receiving outputs from the sensor modules and mapping the object location in multiple detection zones over time.
APP
Utility
Optical Proximity Sensor and Associated User Interface
19 Mar 20
A sensor, including light emitters projecting directed light beams, light detectors interleaved with the light emitters, lenses, each lens oriented relative to a respective one of the light detectors such that the light detector receives maximum intensity when light enters the lens at an angle b, whereby, for each emitter E, there exist corresponding target positions p(E, D) along the path of the light from emitter E, at which an object located at any of the target positions reflects the light projected by emitter E towards a respective one of detectors D at angle b, and a processor storing a reflection value R(E, D) for each co-activated emitter-detector pair (E, D), based on an amount of light reflected by an object located at p(E, D) and detected by detector D, and calculating a location of an object based on the reflection values and target positions.
GRANT
Utility
Optical proximity sensor
10 Mar 20
A method for identifying a proximal object, including providing light emitters, light detectors and lenses, mounted in a housing, each lens, denoted L, being positioned in relation to a respective one of the detectors, denoted D, such that light entering lens L is maximally detected at detector D when the light enters lens L at an angle of incidence θ, activating the detectors synchronously with activation of each emitter to measure reflections of the light beams emitted by each emitter, and calculating a location of a reflective object along a path of a light beam projected by an activated emitter, by calculating an axis of symmetry with respect to which the outputs of the synchronously activated detectors are approximately symmetric, orienting the calculated axis of symmetry by the angle θ, and locating a point of intersection of the path of the emitted light beam with the oriented axis of symmetry.
GRANT
Utility
Optical proximity sensors
14 Jan 20
A proximity sensor, including a housing, an array of lenses mounted in the housing, an array of alternating light emitters and light detectors mounted in the housing, each detector being positioned along the image plane of a respective one of the lenses so as to receive maximum light intensity when light enters the lens at a particular angle, an activating unit mounted in the housing and connected to the emitters and detectors, synchronously co-activating each emitter with at least one of the detectors, each activated emitter projecting light out of the housing along a detection plane, and a processor receiving outputs from the detectors corresponding to amounts of projected light reflected by an object in the detection plane to the detectors, and calculating a two-dimensional location of the object in the detection plane based on the detector outputs and the particular angle.