Neonode Reports Quarter Ended March 31, 2024 Financial Results

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 ...