Neonode Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:38:49Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -10.36M | -5.65M | -6.52M | -7.03M | — | -6.13M |
| EBITDA | 7.42M | -6.49M | -5.69M | -5.17M | -6.47M | -5.42M |
| Working Capital | 24.10M | 16.07M | 16.79M | 19.10M | 19.06M | 10.44M |
| Net Debt | -24.99M | -15.88M | -16.05M | -14.56M | -16.96M | -8.73M |
| Gross Margin | 98.74% | 96.27% | 99.69% | 85.82% | 83.64% | 81.99% |
| Operating Margin | 357.47% | -210.65% | -149.83% | -93.23% | -121.78% | -103.46% |
| Net Margin | 411.88% | -208.04% | -264.38% | -86.12% | -110.52% | -104.98% |
| Return on Equity (ROE) | 34.40% | -39.33% | -58.98% | -25.15% | -32.52% | -41.57% |
| Return on Assets (ROA) | 31.59% | -35.18% | -53.24% | -23.04% | -28.05% | -37.91% |
| Current Ratio | 12.05× | 10.92× | 10.16× | 12.24× | 7.41× | 3.48× |
| Debt-to-Equity | 0.01× | 0.03× | 0.01× | 0.01× | 0.02× | 0.12× |
| Effective Tax Rate | -0.11% | -0.26% | -2.30% | -2.28% | -2.05% | -0.95% |
| Cash Conversion Ratio | -1.21× | 0.86× | 0.62× | 1.39× | 1.19× | 0.92× |
| Accruals Ratio | 0.70× | -0.05× | -0.20× | 0.09× | 0.05× | -0.03× |
| SBC % of Revenue | 0.00% | 0.10% | 1.51% | 2.15% | 2.69% | 1.29% |
| CapEx Coverage | -100.53× | -103.56× | -29.75× | -31.37× | — | -15.10× |
| Free Cash Flow Per Share | $-0.62 | $-0.36 | $-0.43 | $-0.52 | — | $-0.61 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 3.41× | — | — | — | — | — |
| EV / EBITDA | 0.57× | — | — | — | — | — |
| P/S | 14.16× | 44.44× | 9.19× | 14.02× | 20.59× | 12.98× |
| P/B | 1.18× | 8.40× | 2.05× | 4.09× | 6.06× | 5.14× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | — | 3.11M | 3.83M | 5.67M | 5.84M | 5.98M |
| Cost of Revenue | 26.00K | 116.00K | 12.00K | 804.00K | 955.00K | 1.08M |
| Gross Profit | 2.04M | 2.99M | 3.82M | 4.87M | 4.88M | 4.91M |
| Research and Development Expense | 3.78M | 3.44M | 3.83M | 3.96M | 3.55M | 4.14M |
| Selling, General and Administrative Expense | — | 1.30M | 1.48M | 35.00K | — | — |
| Operating Expenses | 10.18M | 9.54M | 9.55M | 10.15M | 11.99M | 11.10M |
| Operating Income (Loss) | 7.37M | -6.55M | -5.74M | -5.29M | -7.11M | -6.19M |
| Income Tax Expense (Benefit) | -9.00K | 15.00K | 115.00K | 118.00K | 146.00K | 59.00K |
| Net Income (Loss) Attributable to Parent | 8.49M | -6.47M | -10.12M | -4.88M | -6.45M | -6.28M |
| Earnings Per Share, Basic | $0.51 | $-0.41 | $-0.66 | $-0.36 | $-0.54 | — |
| Weighted Average Number of Shares Outstanding, Basic | 16.78M | 15.87M | 15.32M | 13.63M | 11.91M | 9.99M |
| Earnings Per Share, Diluted | — | $-0.41 | $-0.66 | $-0.36 | $-0.54 | — |
| Weighted Average Number of Shares Outstanding, Diluted | — | 15.87M | 15.32M | 13.63M | 11.91M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 25.36M | 16.43M | 16.16M | 14.82M | — | 10.47M |
| Assets, Current | 26.29M | 17.68M | 18.62M | 20.80M | 22.03M | 14.65M |
| Assets | 26.89M | 18.38M | 19.01M | 21.20M | 22.99M | 16.57M |
| Liabilities, Current | 2.18M | 1.62M | 1.83M | 1.70M | 2.97M | 4.21M |
| Liabilities | 2.20M | 1.94M | 1.85M | 1.78M | 3.15M | 4.68M |
| Stockholders' Equity Attributable to Parent | 24.69M | 16.44M | 17.16M | 19.42M | 19.84M | 15.11M |
| Common Stock, Shares, Outstanding | 16.78M | 16.78M | 15.36M | 14.46M | 13.58M | 11.50M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -10.25M | -5.59M | -6.31M | -6.81M | -7.68M | -5.75M |
| Payments to Acquire Property, Plant, and Equipment | 91.00K | 37.00K | 123.00K | 52.00K | — | 60.00K |
| Net Cash Provided by (Used in) Investing Activities | 19.30M | 152.00K | -123.00K | -52.00K | -67.00K | -58.00K |
| Payments for Repurchase of Common Stock | — | — | — | 12.00K | — | — |
| Net Cash Provided by (Used in) Financing Activities | -11.00K | 5.78M | 7.78M | 4.51M | 14.57M | 13.61M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -2.12M | -5.62M | -4.74M | -3.13M | -1.40M | -1.17M |
| EBITDA | -2.06M | -2.35M | — | — | -1.96M | -1.70M |
| Working Capital | 22.38M | 24.10M | 26.26M | 12.19M | 14.14M | 16.07M |
| Net Debt | -22.98M | -24.99M | -11.19M | -12.75M | -14.45M | -15.88M |
| Gross Margin | 99.35% | 99.62% | 97.91% | 99.00% | 98.25% | 92.06% |
| Operating Margin | -337.30% | -454.62% | 3211.63% | -352.25% | -383.04% | -260.15% |
| Net Margin | -303.42% | -401.92% | 3298.60% | -311.85% | -337.82% | -244.27% |
| Return on Equity (ROE) | -8.15% | -8.47% | 52.92% | -14.76% | -11.89% | -9.73% |
| Return on Assets (ROA) | -7.48% | -7.77% | 43.22% | -12.41% | -10.21% | -8.70% |
| Current Ratio | 11.91× | 12.05× | 5.43× | 6.50× | 7.67× | 10.92× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.04× | 0.04× | 0.03× |
| Effective Tax Rate | -0.05% | -0.05% | 0.00% | 0.50% | 0.55% | -0.34% |
| Cash Conversion Ratio | 1.13× | 2.69× | -0.33× | 1.66× | 0.78× | 0.73× |
| Accruals Ratio | 0.01× | 0.13× | 0.57× | 0.08× | -0.02× | -0.02× |
| SBC % of Revenue | — | 0.00% | 0.00% | — | — | 0.00% |
| CapEx Coverage | -131.63× | -1404.25× | -47.32× | -155.50× | -32.38× | -581.50× |
| Free Cash Flow Per Share | $-0.13 | $-0.32 | $-0.28 | $-0.19 | $-0.08 | $-0.07 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 2.75× | 3.35× | 6.46× | — | — | — |
| P/S | 10.86× | 14.16× | 26.66× | 164.29× | 48.67× | 44.44× |
| P/B | 1.03× | 1.18× | 2.19× | 33.83× | 9.37× | 8.40× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | — | — | — | 599.00K | 513.00K | — |
| Cost of Revenue | 4.00K | 2.00K | 9.00K | 6.00K | 9.00K | 52.00K |
| Gross Profit | 610.00K | 518.00K | 421.00K | 593.00K | 504.00K | 603.00K |
| Research and Development Expense | 905.00K | 936.00K | 794.00K | 1.07M | 975.00K | 752.00K |
| Selling, General and Administrative Expense | — | — | — | — | 196.00K | — |
| Operating Expenses | 2.68M | 2.88M | 2.12M | 2.70M | 2.47M | 2.31M |
| Operating Income (Loss) | -2.07M | -2.36M | 13.81M | -2.11M | -1.97M | -1.70M |
| Income Tax Expense (Benefit) | 1.00K | 1.00K | 0 | -10.00K | -10.00K | 5.00K |
| Net Income (Loss) Attributable to Parent | -1.86M | -2.09M | 14.18M | -1.87M | -1.73M | -1.60M |
| Earnings Per Share, Basic | $-0.11 | $-0.12 | $0.85 | $-0.11 | $-0.10 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Basic | 16.78M | 16.78M | 16.78M | 16.78M | 16.78M | 15.87M |
| Earnings Per Share, Diluted | — | — | — | $-0.11 | $-0.10 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 16.78M | 16.78M | 15.87M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 23.23M | 25.36M | 11.59M | 13.24M | 14.99M | 16.43M |
| Assets, Current | 24.43M | 26.29M | 32.19M | 14.40M | 16.26M | 17.68M |
| Assets | 24.91M | 26.89M | 32.82M | 15.06M | 16.97M | 18.38M |
| Liabilities, Current | 2.05M | 2.18M | 5.93M | 2.21M | 2.12M | 1.62M |
| Liabilities | 2.06M | 2.20M | 6.02M | 2.41M | 2.40M | 1.94M |
| Stockholders' Equity Attributable to Parent | 22.85M | 24.69M | 26.80M | 12.65M | 14.57M | 16.44M |
| Common Stock, Shares, Outstanding | 16.78M | 16.78M | 16.78M | 16.78M | 16.78M | 16.78M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.11M | -5.62M | -4.64M | -3.11M | -1.36M | -1.16M |
| Payments to Acquire Property, Plant, and Equipment | 13.00K | 1.00K | 90.00K | 15.00K | 40.00K | 0 |
| Net Cash Provided by (Used in) Investing Activities | -13.00K | 19.39M | -90.00K | -15.00K | -40.00K | -1.00K |
| Net Cash Provided by (Used in) Financing Activities | -3.00K | -3.00K | -8.00K | -5.00K | -2.00K | -2.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NEON CIK 0000087050),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.