Earnings summaries and quarterly performance for Neonode.
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Neonode Inc. Reports Q3 2025 Financial Results with Significant Patent Gain
NEON
Earnings
Legal Proceedings
Demand Weakening
- Neonode Inc. reported revenues from continuing operations of $0.4 million for the three months ended September 30, 2025, marking a 48.7% decrease compared to the same period in the prior year, primarily due to subdued demand in legacy printer and automotive infotainment segments.
- The company recorded income from continuing operations of $13.9 million, or $0.83 per share, for Q3 2025, largely driven by a $15.5 million gain from a patent assignment (paid in October 2025).
- As of September 30, 2025, cash and accounts receivable totaled $12.2 million (excluding the patent assignment gain paid in October 2025).
- Neonode is strategically transitioning its zForce® platform into maintenance mode and focusing on its MultiSensing AI computer vision platform for the automotive sector and new application areas.
Nov 6, 2025, 2:18 PM
Neonode Announces Anticipated Financial Proceeds from Patent Lawsuit Settlement
NEON
Legal Proceedings
- Neonode Inc. anticipates receiving US$15 million to US$20 million in net proceeds from a patent lawsuit settlement between Neonode Smartphone LLC and Samsung Electronics Co. Ltd..
- The lawsuit, which pertained to alleged infringement of patents assigned by Neonode, was dismissed on September 2, 2025, following a settlement.
- Neonode is entitled to 50 percent of the net proceeds from the settlement, after deductions for brokerage fees, estimated legal fees, taxes, and other expenses, as per an Assignment Agreement with Aequitas Technologies LLC.
- As of September 3, 2025, Neonode's Board of Directors has not yet made a decision on the expected use of these proceeds.
Sep 3, 2025, 8:58 PM
Quarterly earnings call transcripts for Neonode.
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