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, 2021 ☐ 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 1-35526 NEONODE INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...

Neonode Inc. (NASDAQ:NEON) Q4 2020 Results Conference Call March 10, 2021 10:00 AM ET Company Participants David Brunton - Investor Relations Urban Forssell - Chief Executive Officer Maria Ek - Chief Financial Officer Johan Swartz - Vice President of HMI Products Jonas W??rn - Vice President of HMI Solutions Conference Call Participants Tyler Burmeister - Craig-Hallum Viktor Westman - Redeye Operator Hello, everyone. Thank you for standing by, and welcome to Neonode???s Fourth Quarter 2020 Earnings Conferen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 (Address of Principal Executive Of ice and Zip Code) +46 (0) 8 667 17 17 (Registrant's Telephone Number, including Area Code) Securities registered pursuant to Section 12(b) of the Act: or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition ...

Neonode, Inc. (NASDAQ:NEON) Q3 2020 Earnings Conference Call November 10, 2020 10:00 AM ET Company Participants David Brunton - IR Urban Forssell - CEO Maria Ek - CFO Conference Call Participants Viktor Westman - Redeye Operator Hello, everyone. Thank you for standing by, and welcome to Neonode???s Third Quarter 2020 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks there will be a question-and-answer session with the company???s coverin ...

☒ Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Delaware 94-1517641 ☐ Transition report pursuant to section 13 or 15(d) of the Securities and Exchange Act of 1934 (State or other jurisdiction of incorporation or organization) For the transition period from _______ to ________ (IRS Employer Commission file number 1-35526 Identification N ...

Neonode, Inc (NASDAQ:NEON) Q2 2020 Results Conference Call August 14, 2020 10:00 AM ET Company Participants David Brunton - Head of Corporate Investor Relations Urban Forssell - Chief Executive Officer Maria Ek - Chief Financial Officer Operator Hello, everyone. Thank you for standing by, and welcome to Neonode???s Second Quarter 2020 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers??? remarks there will be a question-and-answer session with th ...

Business Overview - Neonode's contactless touch technology is deployed in over 75 million products[14] - The company has secured more than 120 patents and patents pending worldwide[14] - The legacy licensing business generates $5-7 million in annual revenue[21] - As of December 31, 2019, Neonode has entered into 42 zForce® technology license agreements with global OEMs, ODMs, and Tier 1 suppliers[34] Market Opportunities - The global kiosk market was valued at $14.8 billion in 2018 and is projected to reach $32.5 billion in 2027[25] - The self-checkout kiosk market in the Americas is growing at a 10.9% CAGR, expected to reach $7.1 billion by 2024[25] - The ATM market is valued at over $20 billion today and is expected to reach $30 billion by 2027[28] - The global elevator market is expected to grow from $93.8 billion in 2018 to $135.5 billion in 2026, representing a 4.5% CAGR[30] Financial Performance - Q2 2020 revenues were $0.7 million, compared to $1.7 million in Q2 2019, a decrease of 55.7%[51] - Q2 2020 operating expenses were $2.4 million, compared to $3.0 million in Q2 2019, a decrease of 19%[51] - The company completed a private placement on August 7, 2020, receiving net cash proceeds of $13.1 million[42]

PART I FINANCIAL INFORMATION [Item 1. Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for the period ended June 30, 2020, detailing balance sheets, operations, and cash flows, revealing significant revenue decline, wider net loss, and decreased cash and equity, with notes on liquidity and a crucial August 2020 private placement [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheet as of June 30, 2020, shows total assets decreased to **$5.6 million** from **$7.4 million**, total liabilities increased to **$4.6 million** from **$3.6 million**, and total stockholders' equity declined sharply from **$3.8 million** to **$0.9 million** Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2020 (Unaudited) | December 31, 2019 (Audited) | | :--- | :--- | :--- | | **Total Current Assets** | $4,150 | $5,434 | | **Total Assets** | **$5,588** | **$7,436** | | **Total Current Liabilities** | $4,229 | $3,023 | | **Total Liabilities** | **$4,642** | **$3,589** | | **Total Stockholders' Equity** | **$946** | **$3,847** | [Condensed Consolidated Statements of Operations](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) For Q2 2020, total revenues fell **55.7%** year-over-year to **$0.76 million**, operating loss widened to **$1.76 million**, and net loss increased to **$1.61 million**, or **($0.18)** per share Q2 2020 vs Q2 2019 Statement of Operations (in thousands, except per share amounts) | Metric | Q2 2020 | Q2 2019 | | :--- | :--- | :--- | | Total Revenues | $758 | $1,710 | | Gross Margin | $635 | $1,639 | | Operating Loss | $(1,756) | $(1,314) | | Net Loss attributable to Neonode Inc. | $(1,612) | $(1,264) | | Basic and Diluted Loss per Share | $(0.18) | $(0.14) | H1 2020 vs H1 2019 Statement of Operations (in thousands, except per share amounts) | Metric | H1 2020 | H1 2019 | | :--- | :--- | :--- | | Total Revenues | $2,052 | $3,722 | | Gross Margin | $1,885 | $3,550 | | Operating Loss | $(2,845) | $(1,982) | | Net Loss attributable to Neonode Inc. | $(2,622) | $(1,837) | | Basic and Diluted Loss per Share | $(0.29) | $(0.21) | [Condensed Consolidated Statements of Cash Flows](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) For H1 2020, net cash used in operating activities increased to **$1.9 million**, financing activities provided **$1.3 million**, resulting in a net cash decrease of **$0.6 million** and an ending cash balance of **$1.8 million** Six Months Ended June 30 Cash Flow Summary (in thousands) | Cash Flow Activity | 2020 | 2019 | | :--- | :--- | :--- | | Net cash used in operating activities | $(1,928) | $(1,475) | | Net cash used in investing activities | $(7) | $(77) | | Net cash provided by (used in) financing activities | $1,344 | $(272) | | **Net decrease in cash** | **$(584)** | **$(1,917)** | | **Cash at end of period** | **$1,773** | **$4,638** | [Notes to Unaudited Condensed Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) The notes detail the company's operational focus, significant liquidity challenges, a crucial **$13.9 million** private placement in August 2020, revenue concentration from key customers, and patent infringement lawsuits against Apple and Samsung - The company has incurred significant operating losses and negative cash flows since inception, with a net loss of **$2.6 million** for the first six months of 2020[27](index=27&type=chunk) - In August 2020, the company completed a private placement, issuing common and preferred stock for an aggregate of **$13.9 million** in gross proceeds to be used for working capital, crucial for alleviating going concern risks[29](index=29&type=chunk)[31](index=31&type=chunk)[34](index=34&type=chunk) - As of June 30, 2020, four customers represented approximately **79%** of consolidated accounts receivable, with Q2 2020 major revenue contributors being Epson (**35%**), Hewlett Packard (**27%**), and Alpine (**12%**)[64](index=64&type=chunk)[67](index=67&type=chunk) - In June 2020, a subsidiary of Aequitas Technologies LLC, to which Neonode had assigned patents, filed patent infringement lawsuits against Apple Inc. and Samsung Electronics Co. Ltd.[137](index=137&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=34&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the significant negative impact of the COVID-19 pandemic, leading to a **44.9%** decrease in H1 2020 revenues, a wider operating loss, and highlights the critical **$13.9 million** private placement in August 2020 for future operations [Business Overview](index=34&type=section&id=Business%20Overview) The company provides optical sensing solutions for HMI and remote sensing, operating in B2B markets with three main business areas, and as of June 30, 2020, had **36** technology license agreements with **15** actively shipping customers - The company's business is divided into three main areas: HMI Solutions, HMI Products, and Remote Sensing Solutions[161](index=161&type=chunk)[165](index=165&type=chunk)[170](index=170&type=chunk) - As of June 30, 2020, Neonode had **36** valid technology license agreements, with **15** customers shipping products incorporating its technology, and customer product development cycles typically range from **6 to 36 months**[162](index=162&type=chunk)[163](index=163&type=chunk) [Results of Operations](index=36&type=section&id=Results%20of%20Operations) Total net revenues for Q2 2020 decreased **55.7%** to **$0.8 million** and for H1 2020 decreased **44.9%** to **$2.1 million**, primarily due to lower HMI Solutions license revenues, resulting in a wider operating loss despite reduced expenses Financial Performance Summary (Q2 2020 vs Q2 2019) | Metric | Q2 2020 | Q2 2019 | % Change | | :--- | :--- | :--- | :--- | | Total Revenue | $758k | $1,710k | (55.7)% | | Gross Margin | $635k | $1,639k | (61.3)% | | Operating Loss | $(1,756k) | $(1,314k) | 33.6% | | Net Loss (to Neonode Inc.) | $(1,612k) | $(1,264k) | 27.5% | - The significant decrease in total net revenues was primarily related to lower license revenues within the HMI Solutions business area and lower estimates for unbilled license fees due to global economic uncertainty[176](index=176&type=chunk) - Operating expenses decreased due to lower R&D and G&A costs, partially offset by an increase in Sales and Marketing expenses[180](index=180&type=chunk)[182](index=182&type=chunk)[184](index=184&type=chunk) [Liquidity and Capital Resources](index=41&type=section&id=Liquidity%20and%20Capital%20Resources) The company, with a history of losses and negative cash flows, had **$1.8 million** cash at June 30, 2020, and addressed liquidity needs through short-term loans and a critical **$13.9 million** private placement in August 2020 for working capital - As of June 30, 2020, the company had cash of **$1.8 million**, down from **$2.4 million** at December 31, 2019, with working capital at negative **$(0.1) million**[200](index=200&type=chunk) - In August 2020, the company raised **$13.9 million** in gross proceeds (**$13.1 million** net) through a private placement of common and preferred stock to fund working capital[209](index=209&type=chunk)[211](index=211&type=chunk)[214](index=214&type=chunk) - The company also issued preferred shares to repay approximately **$1.03 million** of outstanding debt owed to company directors under loan agreements established in June 2020[208](index=208&type=chunk)[213](index=213&type=chunk) [Item 3. Quantitative and Qualitative Disclosures about Market Risk](index=45&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company states that this section is not applicable for the current reporting period - The company has determined that quantitative and qualitative disclosures about market risk are not applicable for this reporting period[226](index=226&type=chunk) [Item 4. Controls and Procedures](index=45&type=section&id=Item%204.%20Controls%20and%20Procedures) As of June 30, 2020, management concluded that disclosure controls and procedures were effective, with no material changes in internal control over financial reporting during the quarter - Management concluded that the company's disclosure controls and procedures were effective as of the end of the period[227](index=227&type=chunk) - No changes occurred in the company's internal control over financial reporting during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[229](index=229&type=chunk) PART II OTHER INFORMATION [Item 1. Legal Proceedings](index=47&type=section&id=Item%201.%20Legal%20Proceedings) The company reports that it is not currently involved in any material legal proceedings - As of the filing date, the company is not a party to any material legal proceedings[231](index=231&type=chunk) [Item 1A. Risk Factors](index=47&type=section&id=Item%201A.%20Risk%20Factors) The company highlights that risks disclosed in its Annual Report on Form 10-K are heightened by the COVID-19 pandemic, posing significant threats to its workforce, operations, customers, suppliers, and the broader economy - The company faces heightened risks related to the COVID-19 pandemic, which could adversely affect its business, results of operations, and financial condition through impacts on its operations, customers, and the global economy[233](index=233&type=chunk) [Item 6. Exhibits](index=47&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including key agreements related to the August 2020 private placement, June 2020 loan agreements, and standard officer certifications - The filing includes key agreements as exhibits, such as the Securities Purchase Agreement and Registration Rights Agreement from August 2020, and Loan Agreements from June 2020[235](index=235&type=chunk)

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, 2020 ☐ 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 1-35526 NEONODE INC. (Exact name of registrant as specified in its charter) Delaware 94-1517641 (State or other jurisdiction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission File No. 1-35526 NEONODE INC. (Exact name of Registrant as specified in its charter) Delaware 94-1517641 (State or Other Jurisdiction of Inco ...