Core Viewpoint - Neonode Inc. reported a significant decline in revenues from its legacy business, particularly in the printer and automotive infotainment segments, while also highlighting strategic initiatives aimed at long-term growth and diversification [5][7]. Financial Summary for the Three Months Ended September 30, 2025 - Revenues from continuing operations were $0.4 million, a decrease of 48.7% compared to the same period in the prior year [6]. - Operating expenses from continuing operations were $2.1 million, an increase of 4.0% compared to the same period in the prior year [6]. - Income from continuing operations was $13.9 million, or $0.83 per share, compared to a loss of $1.0 million, or $0.07 per share, for the same period in the prior year [6]. - Cash used by operations was $1.5 million, compared to $1.3 million for the same period in the prior year [6]. Financial Summary for the Nine Months Ended September 30, 2025 - Revenues from continuing operations were $1.5 million, a decrease of 37.1% compared to the same period in the prior year [6]. - Operating expenses from continuing operations were $7.3 million, an increase of 0.9% compared to the same period in the prior year [6]. - Income from continuing operations was $10.2 million, or $0.60 per share, compared to a loss of $4.4 million, or $0.28 per share, for the same period in the prior year [6]. - Cash used by operations was $4.6 million, compared to $4.4 million for the same period in the prior year [6]. Patent Assignment Highlights - The company reported a gain from patent assignment of $15.5 million after brokerage fees, which was paid in October 2025 [6]. - The patent assignment was related to a legal settlement involving Aequitas Technologies LLC and Samsung Electronics [6]. CEO's Comments - The CEO indicated that the decline in revenues from the legacy business is expected to continue until new customers transition to full production [5]. - The company is focusing on broadening business opportunities and advancing its product roadmap to support sustainable growth [5]. - Strategic decisions include transitioning the zForce® platform to maintenance mode and aligning the company around the MultiSensing AI computer vision platform for expanded deployment in the automotive sector [7].