Business Description
Neonode Inc., along with its subsidiaries, specializes in developing optical sensing technology for touch, contactless touch, and gesture recognition. These innovative solutions are deployed across diverse international markets, including the United States, Japan, South Korea, and China. The company also furnishes sophisticated software solutions that utilize advanced machine learning algorithms for scene analysis. This capability enables the detection and tracking of individuals and objects within video streams from cameras and various other imaging devices. Neonode licenses its proprietary technology to original equipment manufacturers (OEMs) and Tier 1 suppliers. Additionally, they supply embedded sensor modules to OEMs, original design manufacturers (ODMs), and systems integrators, while also offering expert engineering consulting services. Furthermore, Neonode markets its own branded sensor products, such as the AirBar series, through a network of distributors. Its extensive market reach covers sectors including office equipment, automotive, industrial automation, medical, military, and avionics. Established in 1997, Neonode Inc. maintains its corporate headquarters in Stockholm, Sweden.
Business History
Price Overview
Last updated: Jun 27, 2026 11:04am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 0.51
Total Equity: $24.69M
Shares: 16,783,000
Total Debt: $0.00
Cash: $25.36M
EBITDA: $8.36M
Total Debt: $0.00
Cash: $25.36M
Revenue: $2.06M
Revenue: $2.06M
Revenue: $2.06M
Total Equity: $24.69M
Tax Rate: -0.1%
Equity: $24.69M
Total Debt: $0.00
Cash: $25.36M
Current Liabilities: $2.18M
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $24.69M
Shares: 16,783,000
Shares: 16,783,000
CapEx: -$91,000
Shares: 16,783,000
Stock Price: $0.82
Net Income: $8.49M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 26, 2026 1:03am (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $5.8M | $5.7M | $3.8M | $3.1M | $2.1M |
| Cost of Revenue | $955,000 | $804,000 | $12,000 | $116,000 | $362,000 |
| Gross Profit | $4.9M | $4.9M | $3.8M | $3.0M | $1.7M |
| Operating Expenses | $12.0M | $10.2M | $9.6M | $9.5M | $9.8M |
| Operating Income | -$7.1M | -$5.3M | -$5.7M | -$6.5M | -$8.1M |
| Net Income | -$6.5M | -$4.9M | -$10.1M | -$6.5M | $8.5M |
| EBITDA | -$6.0M | -$4.6M | -$4.8M | -$5.7M | $8.4M |
| EPS | $-0.61 | $-0.39 | $-0.66 | $-0.41 | $0.51 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 26, 2026 1:03am (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $17.4M | $14.8M | $16.2M | $16.4M | $25.4M |
| Total Current Assets | $22.0M | $20.8M | $18.6M | $17.7M | $26.3M |
| Total Assets | $23.0M | $21.2M | $19.0M | $18.4M | $26.9M |
| Current Liabilities | $3.0M | $1.7M | $1.8M | $1.6M | $2.2M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.2M | $1.8M | $1.9M | $1.9M | $2.2M |
| Total Equity | $23.9M | $19.4M | $17.2M | $16.4M | $24.7M |
| Retained Earnings | -$202.6M | -$207.5M | -$217.6M | -$224.1M | -$215.6M |
Cash Flow (Annual)
Last updated: Jun 26, 2026 1:03am (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$7.7M | -$6.8M | -$6.3M | -$5.6M | -$10.3M |
| Capital Expenditure | $-67,000 | $-52,000 | $-123,000 | $-37,000 | $-91,000 |
| Free Cash Flow | -$7.7M | -$6.9M | -$6.4M | -$5.6M | -$10.3M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $-12,000 | $0 | $0 | $0 |
| Net Change in Cash | $6.9M | -$2.6M | $1.3M | $272,000 | $8.9M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 7:14am (3h ago)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$3.5M $3.5M – $3.5M
|
$4.5M $4.5M – $4.5M
|
$5.9M $5.9M – $5.9M
|
$9.1M $9.1M – $9.1M
|
| EBITDA |
-$2.0M -$2.0M – -$2.0M
|
-$2.5M -$2.5M – -$2.5M
|
-$3.4M -$3.4M – -$3.4M
|
-$5.1M -$5.1M – -$5.1M
|
| Net Income |
-$6.4M -$6.4M – -$6.4M
|
-$5.7M -$5.7M – -$5.7M
|
-$4.0M -$4.0M – -$4.0M
|
-$1.2M -$1.2M – -$1.2M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 26, 2026 1:03am (1d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -2.8% | -32.5% | -18.8% | -33.7% |
| Gross Profit Growth | -0.3% | -21.6% | -21.6% | -43.2% |
| Operating Income Growth | +25.6% | -8.5% | -14.1% | -23.3% |
| Net Income Growth | +24.3% | -107.3% | +36.1% | +231.3% |
| EBITDA Growth | +22.2% | -4.2% | -18.2% | +246.1% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 7:14am (3h ago)All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2025-04-10 | Schreiber Didier | 0.00 | $0.00 | $0 | |
| 2025-03-31 | Alexus Pierre Daniel | 0.00 | $0.00 | $0 | |
| 2024-10-07 | Kruk Peter | 0.00 | $0.00 | $0 | |
| 2022-05-17 | Edstrom Cecilia | A-Award | 4,000.00 | $0.00 | $0 |
| 2022-05-13 | Edstrom Cecilia | 0.00 | $0.00 | $0 | |
| 2020-12-29 | Bergman Mattias | A-Award | 4,237.00 | $0.00 | $0 |
| 2021-12-17 | Nihlen Fredrik | A-Award | 3,360.00 | $0.00 | $0 |
| 2021-12-17 | Forssell Urban | A-Award | 6,125.00 | $0.00 | $0 |
| 2020-12-29 | Forssell Urban | A-Award | 17,797.00 | $0.00 | $0 |
| 2021-08-12 | Nihlen Fredrik | A-Award | 12,830.00 | $0.00 | $0 |
| 2020-12-29 | Forssell Urban | A-Award | 17,797.00 | $0.00 | $0 |
| 2020-12-29 | Bergman Mattias | A-Award | 4,237.00 | $0.00 | $0 |
| 2020-09-29 | Forssell Urban | C-Conversion | 100,000.00 | $6.50 | $650,000 |
| 2020-09-29 | Forssell Urban | C-Conversion | 650.00 | $0.00 | $0 |
| 2020-09-29 | Lindell Peter | C-Conversion | 264,112.00 | $6.50 | $1.7M |
| 2020-09-29 | Lindell Peter | C-Conversion | 1,716.73 | $0.00 | $0 |
| 2020-09-29 | Rosberg Ulf | C-Conversion | 264,112.00 | $6.50 | $1.7M |
| 2020-09-29 | Rosberg Ulf | C-Conversion | 1,716.73 | $0.00 | $0 |
| 2020-08-18 | Bergman Mattias | P-Purchase | 2,500.00 | $8.83 | $22,075 |
| 2020-08-07 | Forssell Urban | P-Purchase | 650.00 | $0.00 | $0 |
Narrative Economics
market-narrative step).