NEON Chart
About

Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, Germany, Sweden, China, and internationally. It also offers software solutions for machine perception to detect and track persons and objects in video streams from cameras and other types of imagers. In addition, it licenses its zForce technology to original equipment manufacturers and automotive Tier 1 suppliers, as well as provides non-recurring engineering services related to application development. Further, the company provides machine perception solutions. It serves office equipment, automotive, industrial automation, medical, military, and avionics markets. Neonode Inc. was founded in 1997 and is headquartered in Stockholm, Sweden.

Fundamentals
Scroll to Statements
Sector Technology Industry Electronic Components Market Cap 29.54M
Enterprise Value 18.35M Income 8.67M Sales 2.20M
Book/sh 1.60 Cash/sh 0.69 Dividend Yield —
Payout 0.00% Employees 40 IPO —
P/E 3.45 Forward P/E -4.63 PEG —
P/S 13.44 P/B 1.10 P/C —
EV/EBITDA -1.62 EV/Sales 8.35 Quick Ratio 5.33
Current Ratio 5.43 Debt/Eq 1.47 LT Debt/Eq —
EPS (ttm) 0.51 EPS next Y -0.38 EPS Growth —
Revenue Growth -48.70% Earnings 2026-03-18 ROA -27.06%
ROE 38.72% ROIC — Gross Margin 96.54%
Oper. Margin -12.97% Profit Margin 4.09% Shs Outstand 16.78M
Shs Float 13.06M Short Float 6.77% Short Ratio 4.70
Short Interest — 52W High 29.90 52W Low 1.66
Beta 0.80 Avg Volume 195.64K Volume 74.08K
Target Price — Recom None Prev Close $1.69
Price $1.76 Change 4.14%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.76
Latest analyst target
3. DCF / Fair value
$-23.07
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.76
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-09-04 down Ladenburg Thalmann Buy → Neutral $6
2019-07-26 init Baird — → Outperform $15
2014-03-11 init Ascendiant Capital — → Buy $11
2012-12-12 init Craig-Hallum — → Buy $8
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.230.230.230.31
NormalizedEBITDA-6.41M-5.58M-4.77M-5.97M
NetIncomeFromContinuingOperationNetMinorityInterest-5.88M-5.12M-4.88M-6.45M
ReconciledDepreciation137.00K160.00K519.00K1.14M
ReconciledCostOfRevenue116.00K12.00K804.00K955.00K
EBITDA-6.41M-5.58M-4.77M-5.97M
EBIT-6.55M-5.74M-5.29M-7.11M
NetInterestIncome730.00K100.00K-15.00K
InterestExpense15.00K
NormalizedIncome-5.88M-5.12M-4.88M-6.45M
NetIncomeFromContinuingAndDiscontinuedOperation-6.47M-10.12M-4.88M-6.45M
TotalExpenses9.65M9.57M10.96M12.94M
TotalOperatingIncomeAsReported-6.55M-5.74M-5.29M-7.11M
DilutedAverageShares15.87M15.32M13.63M11.91M
BasicAverageShares15.87M15.32M13.63M11.91M
DilutedEPS-0.41-0.66-0.36-0.54
BasicEPS-0.41-0.66-0.36-0.54
DilutedNIAvailtoComStockholders-6.47M-10.12M-4.88M-6.45M
NetIncomeCommonStockholders-6.47M-10.12M-4.88M-6.45M
NetIncome-6.47M-10.12M-4.88M-6.45M
MinorityInterests0.00400.00K818.00K
NetIncomeIncludingNoncontrollingInterests-6.47M-10.12M-5.28M-7.27M
NetIncomeDiscontinuousOperations-591.00K-5.01M
NetIncomeContinuousOperations-5.88M-5.12M-5.28M-7.27M
TaxProvision15.00K115.00K118.00K146.00K
PretaxIncome-5.86M-5.00M-5.17M-7.12M
OtherIncomeExpense687.00K736.00K21.00K
OtherNonOperatingIncomeExpenses687.00K736.00K21.00K
NetNonOperatingInterestIncomeExpense730.00K100.00K-15.00K
TotalOtherFinanceCost-730.00K-100.00K15.00K
InterestExpenseNonOperating15.00K
OperatingIncome-6.55M-5.74M-5.29M-7.11M
OperatingExpense9.54M9.55M10.15M11.99M
ResearchAndDevelopment3.44M3.83M3.96M3.55M
SellingGeneralAndAdministration6.09M5.72M6.19M8.44M
SellingAndMarketingExpense2.33M2.46M2.03M2.84M
GeneralAndAdministrativeExpense3.77M3.27M4.16M5.60M
OtherGandA3.77M3.27M4.16M5.60M
GrossProfit2.99M3.82M4.87M4.88M
CostOfRevenue116.00K12.00K804.00K955.00K
TotalRevenue3.11M3.83M5.67M5.84M
OperatingRevenue3.11M3.83M5.67M5.84M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber16.78M15.36M14.46M13.58M
ShareIssued16.78M15.36M14.46M13.58M
TotalDebt546.00K10.00K259.00K865.00K
TangibleBookValue16.44M17.16M19.42M23.88M
InvestedCapital16.44M17.16M19.42M23.88M
WorkingCapital16.07M16.79M19.10M19.06M
NetTangibleAssets16.44M17.16M19.42M23.88M
CapitalLeaseObligations546.00K10.00K259.00K865.00K
CommonStockEquity16.44M17.16M19.42M23.88M
TotalCapitalization16.44M17.16M19.42M23.88M
TotalEquityGrossMinorityInterest16.44M17.16M19.42M19.84M
MinorityInterest0.00-4.04M
StockholdersEquity16.44M17.16M19.42M23.88M
GainsLossesNotAffectingRetainedEarnings-450.00K-396.00K-340.00K-408.00K
OtherEquityAdjustments-450.00K-396.00K-340.00K-408.00K
RetainedEarnings-224.08M-217.61M-207.49M-202.61M
AdditionalPaidInCapital240.96M235.16M227.24M226.88M
CapitalStock17.00K15.00K14.00K14.00K
CommonStock17.00K15.00K14.00K14.00K
TotalLiabilitiesNetMinorityInterest1.94M1.85M1.78M3.15M
TotalNonCurrentLiabilitiesNetMinorityInterest319.00K19.00K81.00K182.00K
LiabilitiesHeldforSaleNonCurrent0.0017.00K
LongTermDebtAndCapitalLeaseObligation319.00K2.00K81.00K182.00K
LongTermCapitalLeaseObligation319.00K2.00K81.00K182.00K
CurrentLiabilities1.62M1.83M1.70M2.97M
OtherCurrentLiabilities259.00K
CurrentDeferredLiabilities0.002.00K36.00K106.00K
CurrentDeferredRevenue0.002.00K36.00K106.00K
CurrentDebtAndCapitalLeaseObligation227.00K8.00K178.00K683.00K
CurrentCapitalLeaseObligation227.00K8.00K178.00K683.00K
PensionandOtherPostRetirementBenefitPlansCurrent279.00K91.00K
PayablesAndAccruedExpenses1.11M1.47M1.49M2.18M
CurrentAccruedExpenses885.00K1.07M1.15M1.41M
Payables229.00K400.00K334.00K776.00K
AccountsPayable229.00K400.00K334.00K776.00K
TotalAssets18.38M19.01M21.20M22.99M
TotalNonCurrentAssets696.00K394.00K400.00K960.00K
OtherNonCurrentAssets284.00K
NetPPE696.00K110.00K400.00K960.00K
AccumulatedDepreciation-236.00K-309.00K-3.69M-4.57M
GrossPPE932.00K419.00K4.09M5.53M
OtherProperties655.00K23.00K2.76M4.05M
MachineryFurnitureEquipment277.00K396.00K1.34M1.48M
CurrentAssets17.68M18.62M20.80M22.03M
OtherCurrentAssets210.00K287.00K179.00K255.00K
AssetsHeldForSaleCurrent0.00922.00K
PrepaidAssets93.00K194.00K231.00K236.00K
Inventory610.00K3.83M2.52M
FinishedGoods99.00K236.00K1.06M
WorkInProcess192.00K414.00K10.00K
RawMaterials319.00K3.18M1.45M
Receivables955.00K1.06M1.75M1.64M
OtherReceivables51.00K
TaxesReceivable172.00K410.00K297.00K345.00K
AccountsReceivable732.00K652.00K1.45M1.29M
AllowanceForDoubtfulAccountsReceivable-30.00K-30.00K-79.00K
GrossAccountsReceivable947.00K1.48M1.37M
CashCashEquivalentsAndShortTermInvestments16.43M16.16M14.82M17.38M
CashAndCashEquivalents16.43M16.16M14.82M17.38M
CashFinancial16.16M14.82M17.38M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-5.63M-6.43M-6.86M-7.75M
RepurchaseOfCapitalStock0.00-12.00K0.00
RepaymentOfDebt-17.00K-89.00K-165.00K-487.00K
IssuanceOfDebt0.00
IssuanceOfCapitalStock5.80M7.87M4.69M15.06M
CapitalExpenditure-37.00K-123.00K-52.00K-67.00K
InterestPaidSupplementalData1.00K9.00K9.00K15.00K
IncomeTaxPaidSupplementalData15.00K115.00K132.00K146.00K
EndCashPosition16.43M16.16M14.82M17.38M
BeginningCashPosition16.16M14.82M17.38M10.47M
EffectOfExchangeRateChanges-67.00K-7.00K-216.00K80.00K
ChangesInCash339.00K1.35M-2.35M6.83M
FinancingCashFlow5.78M7.78M4.51M14.57M
CashFlowFromContinuingFinancingActivities5.78M7.78M4.51M14.57M
CashDividendsPaid0.00
PreferredStockDividendPaid0.00
NetPreferredStockIssuance15.06M
PreferredStockIssuance15.06M
NetCommonStockIssuance5.80M7.87M4.67M15.06M
CommonStockPayments0.00-12.00K0.00
CommonStockIssuance5.80M7.87M4.69M15.06M
NetIssuancePaymentsOfDebt-17.00K-89.00K-165.00K-487.00K
NetShortTermDebtIssuance0.00
ShortTermDebtPayments0.00
ShortTermDebtIssuance0.00
NetLongTermDebtIssuance-17.00K-89.00K-165.00K-487.00K
LongTermDebtPayments-17.00K-89.00K-165.00K-487.00K
InvestingCashFlow152.00K-123.00K-52.00K-67.00K
CashFlowFromContinuingInvestingActivities152.00K-123.00K-52.00K-67.00K
NetBusinessPurchaseAndSale0.00
SaleOfBusiness0.00
NetPPEPurchaseAndSale152.00K-123.00K-52.00K-67.00K
SaleOfPPE189.00K0.00
PurchaseOfPPE-37.00K-123.00K-52.00K-67.00K
OperatingCashFlow-5.59M-6.31M-6.81M-7.68M
CashFlowFromContinuingOperatingActivities-5.59M-6.31M-6.81M-7.68M
ChangeInWorkingCapital187.00K25.00K-2.12M-1.70M
ChangeInOtherWorkingCapital-10.00K-26.00K-65.00K-28.00K
ChangeInOtherCurrentLiabilities-144.00K-65.00K-363.00K-511.00K
ChangeInOtherCurrentAssets0.000.00
ChangeInPayablesAndAccruedExpense-213.00K173.00K-460.00K-406.00K
ChangeInPayable-213.00K173.00K
ChangeInAccountPayable-213.00K173.00K
ChangeInPrepaidAssets382.00K-201.00K37.00K247.00K
ChangeInInventory223.00K-395.00K-1.13M-1.44M
ChangeInReceivables-51.00K539.00K-136.00K434.00K
ChangesInAccountReceivables-51.00K539.00K
StockBasedCompensation3.00K58.00K122.00K157.00K
AssetImpairmentCharge529.00K3.57M-46.00K0.00
DepreciationAmortizationDepletion137.00K160.00K519.00K1.14M
DepreciationAndAmortization137.00K160.00K519.00K1.14M
Depreciation137.00K160.00K519.00K1.14M
OperatingGainsLosses18.00K
GainLossOnSaleOfPPE0.00
NetIncomeFromContinuingOperations-6.47M-10.12M-5.28M-7.27M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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