Neonode Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M | $3.1M | $3.8M | $5.7M | $5.8M | $6.0M | $6.6M | $8.5M |
| Cost of Revenue | $26.0K | $116.0K | $12.0K | $804.0K | $955.0K | $1.1M | $683.0K | $921.0K |
| Gross Profit | $2.0M | $3.0M | $3.8M | $4.9M | $4.9M | $4.9M | $6.0M | $7.6M |
| Gross Margin | 98.7% | 96.3% | 99.7% | 85.8% | 83.6% | 82.0% | 89.7% | 89.2% |
| Operating Expenses | ||||||||
| Research & Development | $3.8M | $3.4M | $3.8M | $4.0M | $3.5M | $4.1M | $5.2M | $5.3M |
| SG&A Expense | $4.1M | $1.3M | $1.5M | $35.0K | $5.6M | $4.4M | $4.3M | $4.2M |
| Operating Income | $7.4M | $-6.5M | $-5.7M | $-5.3M | $-7.1M | $-6.2M | $-5.7M | $-3.9M |
| Operating Margin | 357.5% | -210.6% | -149.8% | -93.2% | -121.8% | -103.5% | -86.2% | -45.4% |
| Interest Expense | — | — | — | — | $15.0K | $27.0K | $34.0K | $49.0K |
| Pretax Income | $8.0M | $-5.9M | $-5.0M | $-5.2M | $-7.1M | $-6.2M | $-5.8M | $-3.9M |
| Income Tax Expense | $-9.0K | $15.0K | $115.0K | $118.0K | $146.0K | $59.0K | $38.0K | $13.0K |
| Net Income | $8.5M | $-6.5M | $-10.1M | $-4.9M | $-6.5M | $-6.3M | $-5.3M | $-3.1M |
| Net Margin | 411.9% | -208.0% | -264.4% | -86.1% | -110.5% | -105.0% | -79.7% | -35.8% |
| EPS (Basic) | $0.51 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 16.8M | 16.78B | 16.2M | 14.4M | 12.6M | 10.56B | 9.35B | 9.35B |
| Shares Outstanding (Diluted) | 16.8M | 16.8M | 16.2M | 14.4M | 12.6M | 10.56B | 9.35B | 9.35B |
| Dividends Per Share | — | — | — | — | — | — | — | — |