Core Viewpoint - Neonode Inc. has terminated its corporate broking services agreement with Redeye AB, which provided financial advisory and investor relations services to the company [1]. Group 1 - The company is committed to enhancing shareholder value and will explore alternative options for effective communication with stakeholders and the broader investment community [2].

Core Insights - Neonode Inc. has entered into a new license agreement with NEXTY Electronics Corporation for its Touch Sensor Module (TSM) technology, which is expected to generate an estimated value of US$2–3 million over the next four to five years [1][4]. Group 1: License Agreement Details - NEXTY Electronics has selected Neonode's TSM technology for the development and manufacturing of next-generation amusement machines in Japan, indicating a strategic partnership in the amusement market [1][2]. - The agreement includes an upfront technology access fee along with future royalties, highlighting the financial structure of the partnership [1]. Group 2: Technology and Market Fit - The TSM technology is based on surface-mount technology (SMT), which allows for touch interactivity on larger displays at a lower cost compared to alternative solutions, making it suitable for various applications [2][3]. - NEXTY Electronics will manufacture the TSMs in Japan, targeting both the Japanese amusement market and other markets that require high-quality, cost-effective touch functionality [2]. Group 3: Strategic Importance - The partnership is seen as a vote of confidence in Neonode's licensing-focused business strategy, as NEXTY Electronics has a history of working closely with Neonode and is familiar with its products [3][4]. - The agreement signifies a deepening relationship between the two companies, with expectations of enhanced operational performance in the amusement sector without compromising display quality [3][4].

STOCKHOLM, Aug. 8, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today reported financial results for the three and six months ended June 30, 2024. FINANCIAL SUMMARY FOR THE THREE MONTHS ENDED JUNE 30, 2024: Revenues of $1.4 million, an increase of 18.7% compared to the same period in the prior year. Operating expenses of $2.7 million, a decrease of 1.6% compared to the same period in the prior year. Net loss of $1.7 million, or $0.11 per share, compared to $1.5 million, or $ ...

The following files are available for download: The Annual Meeting will reconvene on July 5, 2024 at 3:00 p.m. local time at Neonode's principal executive office located at Karlavägen 100, 115 26 Stockholm, Sweden to provide its stockholders additional time to vote on the proposals described in the proxy statement filed with the Securities and Exchange Commission on April 26, 2024. No changes have been made in the proposals to be voted on by stockholders at the Annual Meeting. For more information or questi ...

STOCKHOLM, June 25, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that its 2024 Annual Meeting of Stockholders (the "Annual Meeting"), which was reconvened to June 25, 2024, was called to order and again adjourned without any business being conducted due to a lack of the required quorum. The record date for determining stockholder eligibility to vote at the Annual Meeting will remain the close of business on April 22, 2024. Proxies previously submitted will be voted at the Annual Meeting ...

STOCKHOLM, June 11, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) announced today that its 2024 Annual Meeting of Stockholders (the "Annual Meeting"), held on June 11, 2024 at 3:00 p.m. local time at Neonode's principal executive office located at Karlavägen 100, 115 26 Stockholm, Sweden, was convened and adjourned without any business being conducted, due to a lack of the required quorum. For more information or questions, please contact: CONTACT: The Annual Meeting will reconvene on June 25, 2024 at 3: ...

The record date for determining stockholder eligibility to vote at the Annual Meeting will remain the close of business on April 22, 2024. Proxies previously submitted will be voted at the Annual Meeting unless properly revoked, and stockholders who have already submitted a proxy or otherwise voted need not take any action. CONTACT: https://news.cision.com/neonode/r/neonode-announces-adjournment-of-annual-meeting-ofstockholders,c3999335 The Annual Meeting will reconvene on June 25, 2024 at 3:00 p.m. local t ...

STOCKHOLM, May 22, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) is pleased to announce the first license agreement for its Touch Sensor Module ("TSM") technology following the decision in December 2023 to transform its TSM business to a licensing business model. YesAR has selected the Neonode TSM technology for the development and manufacturing of holographic infotainment solutions. The agreement includes an upfront technology access fee and future royalties. To further strengthen its offering, YesAR, a ...

STOCKHOLM, May 8, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today reported financial results for the three months ended March 31, 2024. FINANCIAL SUMMARY FOR THE QUARTER ENDED MARCH 31, 2024:       Revenue of $1.0 million, a decrease of 19.1% compared to the same period in the prior year. Operating expenses of $2.9 million, an increase of 3.3% compared to the same period in the prior year. Net loss of $2.1 million, or $0.14 per share, compared to $1.4 million, or $0.09 p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition report pursuant to section 13 or 15(d) of the Securities and Exchange Act of 1934 For the transition period from ________ to ________ Commission File Number: 001-35526 NEONODE INC. (Exact name of registrant as specified in its charter) | Delaware | 94-1517641 | | --- | --- | | ...