Neonode inc. (NEON)
Income statement / 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'11Mar'11Sep'10Jun'10
Revenues:
HMI Solutions

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

HMI Products

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

License fees

-

-

6,895

7,279

-

7,954

0

0

0

-

8,391

7,956

8,003

8,350

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sensor modules

-

-

419

363

-

227

356

528

656

814

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-recurring engineering

-

-

329

357

-

-

0

0

-

743

660

640

1,051

1,714

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

5,928

6,646

7,396

8,009

8,175

8,538

9,449

9,831

10,284

10,241

9,834

9,168

9,413

10,213

10,308

11,782

11,984

11,115

9,887

7,900

5,989

4,740

4,014

3,964

4,183

3,717

5,028

5,631

6,521

7,137

8,775

8,383

6,692

6,067

2,109

822

0

0

0

Cost of revenues:
HMI Solutions

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

HMI Products

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sensor modules

-

-

568

560

-

638

1,439

1,533

1,702

1,758

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-recurring engineering

-

-

115

398

-

283

731

449

582

585

408

441

693

1,284

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenues

626

683

683

958

976

921

2,170

1,982

2,284

2,343

972

854

848

1,338

2,809

3,685

4,037

3,780

2,453

1,966

1,681

1,509

1,239

1,582

1,792

1,642

1,828

1,400

1,232

1,465

1,262

1,258

1,002

908

726

393

0

0

0

Total gross margin

5,302

5,963

6,713

7,051

7,199

7,617

7,279

7,849

8,000

7,898

8,862

8,314

8,565

8,875

7,499

8,097

7,947

7,335

7,434

5,934

4,308

3,231

2,775

2,382

2,391

2,075

3,200

4,231

5,289

5,672

7,513

7,125

5,690

5,159

1,383

429

0

0

0

Operating expenses:
Research and development

4,975

5,239

5,163

5,109

5,019

5,278

5,788

6,343

6,281

6,078

5,618

5,964

6,435

7,069

7,250

6,791

6,649

6,279

6,843

7,055

7,168

7,373

7,242

7,686

7,385

7,235

7,411

6,651

6,688

5,741

4,431

3,365

2,269

1,858

1,043

658

0

0

0

Sales and marketing

2,254

2,158

1,954

1,909

1,888

1,995

2,086

2,383

2,626

2,772

2,864

2,787

2,743

2,857

3,256

3,435

3,719

3,753

3,375

3,255

3,058

3,250

3,151

2,832

2,969

2,732

3,039

3,553

4,378

4,372

4,123

3,614

2,259

1,812

1,126

715

0

0

0

General and administrative

4,224

4,296

3,670

3,852

3,958

4,221

4,368

4,563

4,570

4,524

4,291

4,204

4,121

4,093

4,258

4,343

4,497

4,999

5,432

5,737

6,332

6,799

6,541

6,056

5,456

5,079

4,762

4,876

5,378

4,721

5,002

4,434

3,664

3,533

2,303

1,786

0

0

0

Amortization of fair value of stock issued to related parties for purchase of Neonode Technologies AB (formerly Cypressen AB)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Total operating expenses

11,453

11,693

10,787

10,870

10,865

11,494

12,242

13,289

13,477

13,374

12,773

12,955

13,299

14,019

14,764

14,569

14,865

15,031

15,650

16,047

16,558

17,422

16,934

16,574

15,810

15,046

15,212

15,080

16,444

14,834

13,556

11,413

8,192

7,203

4,473

3,161

0

0

0

Operating loss

-6,151

-5,730

-4,074

-3,819

-3,666

-3,877

-4,963

-5,440

-5,477

-5,476

-3,911

-4,641

-4,734

-5,144

-7,265

-6,472

-6,918

-7,696

-8,216

-10,113

-12,250

-14,191

0

0

0

-

-

-

-

-

-

-

-

-2,044

-3,090

-2,732

0

0

0

Other expense:
Interest expense

31

34

37

41

45

49

55

67

72

75

104

97

67

47

8

-5

11

18

12

8

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-91

-7

42

13

-28

-44

-44

-16

-16

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

288

211

135

0

0

0

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Non-cash items related to debt discounts and deferred financing fees and the valuation of conversion features and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14,735

-11,049

-9,586

0

0

0

Total other expense

-31

-34

-40

-44

-48

-52

-55

-67

-72

-75

-188

-230

-199

-138

-23

39

-6

-46

-62

-58

-26

-30

0

0

0

-

-

-

-

-

-

-

-

-15,023

-11,261

-9,722

0

0

0

Loss before provision for income taxes

-6,182

-5,764

-4,114

-3,863

-3,714

-3,929

-5,018

-5,507

-5,549

-5,551

-3,985

-4,757

-4,845

-5,282

-7,394

-6,539

-7,004

-7,742

-8,286

-10,179

-12,284

-14,221

-14,159

-14,192

-13,419

-12,971

-12,012

-10,849

-11,155

-9,162

-9,812

-9,608

-8,917

-17,067

-14,351

-12,454

0

0

0

Provision for income taxes

48

38

15

18

12

13

28

-1

-123

-56

62

141

374

367

286

247

158

93

53

37

14

13

15

80

99

109

149

113

114

125

119

109

95

78

0

0

0

-

0

Net loss including noncontrolling interests

-6,230

-5,802

-4,129

-3,881

-3,726

-3,942

-5,046

-5,506

-5,426

-5,495

-4,047

-4,898

-5,219

-5,649

-7,680

-6,786

-7,162

-7,835

-8,477

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Less: net loss attributable to noncontrolling interests

-495

-504

-612

-641

-786

-882

-861

-1,015

-901

-790

-630

-434

-422

-358

-232

-132

-47

-15

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to Neonode Inc.

-5,735

-5,298

-3,517

-3,240

-2,940

-3,060

-4,185

-4,491

-4,525

-4,705

-3,417

-4,464

-4,797

-5,291

-7,448

-6,654

-7,115

-7,820

-8,339

-10,216

-12,298

-14,234

-14,174

-14,272

-13,518

-13,080

-12,161

-10,962

-11,269

-9,287

0

0

0

-

-

-

-

-

-

Loss per common share:
Loss per common share:
Basic and diluted loss per share

-0.11

-0.27

-0.12

-0.14

-0.07

-0.10

-0.14

-0.16

-0.12

-0.65

-0.20

-0.02

-0.02

-0.01

-0.05

-0.03

-0.03

-0.07

-0.03

-0.04

-0.05

-0.07

-0.08

-0.10

-0.11

-0.08

-0.09

-0.09

-0.11

-0.07

-0.06

-0.10

-0.05

-

-0.07

-0.10

-

-

-

Basic and diluted - weighted average number of common shares outstanding

9

8

8

8

8

-5,848

5

5

5,860

-97,674

5

48,845

48,845

92,647

46,252

43,817

43

83,813

40

40,499

40,455

-40,374

40,455

39

37

71,458

35,437

34,135

33

-32,954

33,021

32

32

-

27

27

-

-

-

Foreign currency translation loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Basic and diluted loss per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.43

-0.47

-0.80

Basic and diluted  weighted average shares used in per share computations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,406

18

17