EX-99.1 2 ea025584101ex99-1_neonode.htm PRESS RELEASE OF THE COMPANY DATED SEPTEMBER 3, 2025 Exhibit 99.1 Neonode Announces Anticipated Financial Proceeds from Patent Lawsuit Settlement STOCKHOLM, SWEDEN, September 3, 2025 - Neonode Inc. (NASDAQ: NEON) (the “Company” or “Neonode”) today announced that it has been informed of its anticipated proceeds from a settlement of the lawsuit between Neonode Smartphone LLC (“Aequitas Sub”, a subsidiary of Aequitas Technologies LLC, an unrelated third party) and Samsung Electronics Co. Ltd. (“Samsung”) (Civil Action No. 6:20-cv-00507) pertaining to the alleged infringement of certain patents assigned by Neonode to Aequitas Technologies LLC (“Aequitas”) in 2019. While Neonode was not a party to the lawsuit, as discussed further below, the Company is entitled to 50 percent of any net proceeds from the settlement pursuant to the terms of the Assignment Agreement, dated May 6, 2019, between the Company and Aequitas (the “Assignment Agreement”). Based on settlement details shared with the Company and subject to assessment by third parties, Neonode expects to receive net proceeds of approximately US$15 million to US$20 million after deductin…
Open exhibit ↗Current Report · Items 7.01, 9.01 · 8-K
Neonode Inc.
NEONNASDAQEQUITYCurrent
Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On September 3, 2025, Neonode Inc. (the “Company”) issued a press release announcing anticipated financial proceeds from patent lawsuit settlement between Neonode Smartphone LLC, a subsidiary of Aequitas Technologies LLC, an unrelated third party (“Aequitas”), and Samsung Electronics Co. Ltd. (“Samsung”) (Civil Action No.…
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.