EX-99.1 2 ea025281301ex99-1_neonode.htm EARNINGS RELEASE OF THE COMPANY DATED AUGUST 13, 2025 Exhibit 99.1 Neonode Reports Quarter Ended June 30, 2025 Financial Results STOCKHOLM, SWEDEN, August 13, 2025 - Neonode Inc. (NASDAQ: NEON) (“Neonode” or the “Company”) today reported financial results for the three and six months ended June 30, 2025. FINANCIAL SUMMARY FOR THE THREE MONTHS ENDED JUNE 30, 2025: Revenues from continuing operations of $0.6 million, a decrease of 25.2% compared to the same period in the prior year. Operating expenses from continuing operations of $2.7 million, an increase of 5.3% compared to the same period in the prior year. Loss from continuing operations of $2.0 million, or $0.12 per share, compared to $1.7 million, or $0.11 per share, for the same period in the prior year. Cash used by operations of $1.7 million, compared to $1.2 million for the same period in the prior year. Cash and accounts receivable of $13.6 million as of June 30, 2025 compared to $17.2 million as of December 31, 2024. FINANCIAL SUMMARY FOR THE SIX MONTHS ENDED JUNE 30, 2025: Revenues from continuing operations of $1.1 million, a decrease of 31.1% co…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Neonode Inc.
NEONNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On August 13, 2025, Neonode Inc. (the “Company”) reported its earnings for the three and six months ended June 30, 2025 (the “Earnings Release”). A copy of the Earnings Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.…
Company context
Neonode Inc. (NASDAQ: NEON) is a publicly traded company, headquartered in Stockholm, Sweden and established in 2001. The Company provides advanced optical sensing solutions for contactless touch, touch, gesture control, and in-cabin monitoring. Building on experience acquired during years of advanced research and development and technology licensing, Neonode’s technology is currently deployed in more than 90 million products, and the Company holds more than 100 patents worldwide. Neonode’s customer base includes some of the world’s best-known Fortune 500 companies in the consumer electronics, office equipment, automotive, elevator, and self-service kiosk markets.