Neonode inc. (NEON)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash

1,187

2,357

3,025

4,638

5,822

6,555

2,689

3,693

4,907

5,796

6,872

1,408

1,706

3,476

6,278

633

2,940

3,082

950

3,159

4,453

6,129

8,844

12,048

6,192

8,815

10,568

5,354

7,582

9,097

11,246

11,275

13,307

12,940

4

2

911

Accounts receivable and unbilled revenue, net

1,136

1,324

1,934

1,784

1,737

1,830

1,459

1,793

1,982

1,010

620

1,230

1,007

1,548

278

999

648

1,346

489

681

2,041

1,106

558

709

655

969

1,085

690

812

2,123

1,526

1,725

1,091

3,345

0

3

151

Projects in process

57

8

7

8

8

-

0

224

35

1

299

182

159

0

64

38

122

158

1,044

725

613

200

503

778

938

736

-

-

-

-

-

-

-

-

-

-

-

Inventory

980

1,030

1,104

1,166

1,188

1,219

1,258

1,114

1,241

1,154

2,065

2,128

1,544

696

919

22

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subscription receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

286

-

-

-

-

-

-

-

-

-

-

Debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4

Prepaid expenses and other current assets

637

715

862

762

946

890

1,596

1,660

1,655

1,836

2,208

2,124

2,007

1,949

1,173

1,347

1,106

747

715

560

536

513

651

573

655

616

1,010

907

731

550

382

327

268

234

0

0

161

Total current assets

3,997

5,434

6,932

8,358

9,701

10,494

7,002

8,484

9,820

9,797

12,064

7,072

6,423

7,669

8,712

3,039

4,816

5,333

3,198

5,125

7,643

7,948

10,556

14,108

8,440

11,136

12,949

6,951

9,125

11,770

13,154

13,327

14,666

16,519

4

5

1,227

Investment in joint venture

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

8

-

69

67

68

68

-

-

-

0

-

-

-

Property and equipment, net

1,299

1,583

1,704

2,011

2,196

2,484

2,660

2,696

3,140

3,327

3,637

3,725

2,008

2,031

2,142

776

673

594

582

533

554

654

758

859

340

335

365

295

328

330

340

332

298

108

0

0

24

Operating lease right-of-use assets

301

416

581

728

798

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

290

-

-

261

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

246

249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

398

-

-

-

108

-

-

-

Total assets

5,600

7,436

9,510

11,346

12,947

13,242

9,665

11,183

12,963

13,127

15,704

10,800

8,434

9,703

10,857

3,818

5,489

5,927

3,780

5,658

8,197

8,602

11,314

14,984

8,788

11,471

13,383

7,313

9,521

12,168

13,494

13,659

14,964

16,627

5

5

1,251

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

515

555

498

401

547

501

523

719

722

509

759

1,583

1,355

1,286

1,074

799

1,232

965

1,121

884

735

566

651

509

425

479

426

319

321

539

498

351

319

447

0

0

442

Accrued payroll and employee benefits

1,020

960

828

1,112

943

902

862

1,011

1,007

1,081

1,085

1,190

1,018

1,001

944

1,100

1,102

932

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

189

541

178

93

126

265

180

126

139

177

148

207

139

172

540

176

369

382

1,510

1,255

1,143

935

848

1,242

1,167

978

896

1,012

984

804

737

776

565

601

0

0

643

Deferred revenues

72

67

54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenues

-

-

-

-

-

-

-

-

-

1,248

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note payable

-

-

-

-

-

-

-

-

-

-

-

1,776

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenues

-

-

-

66

104

75

224

546

553

-

1,299

1,374

1,580

1,921

2,212

2,242

1,936

1,475

1,873

3,016

4,146

3,403

3,252

3,468

3,713

3,666

3,479

2,813

2,920

2,725

2,594

1,543

1,917

1,906

2

3

540

Current portion of finance lease obligations

520

568

552

547

546

570

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease obligations

240

332

413

427

455

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of capital lease obligations

-

-

-

-

-

-

569

529

563

568

570

530

233

228

237

77

59

57

57

57

56

61

66

71

-

0

-

-

-

-

-

-

-

-

-

-

-

Convertible debt, net of discounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,772

Embedded derivatives of convertible debt and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

6

6,718

Total current liabilities

2,556

3,023

2,523

2,646

2,721

2,313

2,358

2,931

2,984

3,583

3,861

6,660

4,325

4,608

5,007

4,394

4,698

3,811

4,561

5,212

6,080

4,965

4,817

5,290

5,305

5,123

4,801

4,144

4,225

4,068

3,829

2,670

2,801

2,954

10

9

11,115

Finance lease obligations, net of current portion

360

508

599

807

944

1,133

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease obligations, net of current portion

36

58

105

266

351

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligation, net of current portion

-

-

-

-

-

-

1,275

1,281

1,515

1,681

1,840

1,908

916

960

1,061

302

278

283

297

315

319

367

410

459

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible debt, net of discounts, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Total liabilities

2,952

3,589

3,227

3,719

4,016

3,446

3,633

4,212

4,499

5,264

5,701

8,568

5,241

5,568

6,068

4,696

4,976

4,094

4,858

5,527

6,399

5,332

5,227

5,749

5,305

5,123

4,801

4,144

4,225

4,068

3,829

2,670

2,801

2,954

10

9

11,115

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

0

-

0

0

-

0

0

-

-

0

Stockholders' equity:
Series B Preferred stock, 54,425 shares authorized with par value of $0.001; 0 and 82 shares issued and outstanding at December 31, 2019 and 2018, respectively. (In the event of dissolution, each share of Series B Preferred stock has a liquidation preference equal to par value of $0.001 over the shares of common stock)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Common stock, 15,000,000 shares authorized, with par value of $0.001; 9,171,154 shares issued and outstanding at March 31, 2020 and December 31, 2019

9

9

9

9

9

9

6

59

59

6

59

49

49

49

49

44

44

44

40

40

40

40

40

40

38

38

38

34

34

33

33

33

33

33

0

0

22

Additional paid-in capital

197,543

197,543

197,507

197,507

197,507

197,507

192,891

192,838

192,820

192,861

192,795

183,706

183,687

183,667

183,634

175,674

175,618

175,504

169,958

169,782

169,608

169,010

168,875

168,696

159,102

157,994

157,179

148,381

147,429

146,677

146,067

145,314

142,989

142,955

120

120

102,360

Accumulated other comprehensive loss

-726

-639

-756

-611

-637

-456

-516

-529

-193

-99

34

-49

-164

-171

-56

-20

11

46

82

102

151

149

-6

76

46

11

13

59

18

5

52

-15

57

13

-0

-0

-63

Accumulated deficit

-191,530

-190,520

-188,145

-187,059

-185,795

-185,222

-184,629

-183,819

-182,855

-183,745

-182,026

-180,911

-179,913

-179,040

-178,609

-176,447

-175,116

-173,749

-171,161

-169,793

-168,001

-165,929

-162,822

-159,577

-155,703

-151,695

-148,648

-145,305

-142,185

-138,615

-136,487

-134,343

-130,916

-129,328

-126

-124

-112,183

Total Neonode Inc. stockholders' equity

5,296

6,393

8,615

9,846

11,084

11,838

7,752

8,549

9,831

9,023

10,862

2,795

3,659

4,505

5,018

-749

557

1,845

-1,081

131

1,798

3,270

6,087

9,235

3,483

6,348

8,582

3,169

5,296

8,100

-

-

-

13,673

-

-

-

Noncontrolling interests

-2,648

-2,546

-2,332

-2,219

-2,153

-2,042

-1,720

-1,578

-1,367

-1,160

-859

-563

-466

-370

-229

-129

-44

-12

3

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

2,648

3,847

6,283

7,627

8,931

9,796

6,032

6,971

8,464

7,863

10,003

2,232

3,193

4,135

4,789

-878

513

1,833

-1,078

-

-

3,270

-

-

-

-

-

-

-

-

9,665

10,989

12,163

-

-5

-4

-9,864

Total liabilities and stockholders' equity

5,600

7,436

9,510

11,346

12,947

13,242

9,665

11,183

12,963

13,127

15,704

10,800

8,434

9,703

10,857

3,818

5,489

5,927

3,780

5,658

8,197

8,602

11,314

14,984

8,788

11,471

13,383

7,313

9,521

12,168

13,494

13,659

14,964

16,627

5

5

1,251