Neonode Inc. (NEON) financial statements (2022 and earlier)

Company profile

Business Address KARLAVAGEN 100, 115 26
STOCKHOLM, 00000
State of Incorp. DE
Fiscal Year End December 31
SIC 3679 - Electronic Components, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 10,4732,3576,5555,7963,476
Cash and cash equivalents 10,4732,3576,5555,7963,476
Receivables 1,7431,3241,8301,0101,548
Inventory, net of allowances, customer advances and progress billings 1,2731,0301,2191,154696
Inventory 1,2731,0301,2191,154696
Prepaid expense 699438385540418
Advances on inventory purchases 216    
Other current assets  226230257220
Other undisclosed current assets 246592751,0401,311
Total current assets: 14,6505,43410,4949,7977,669
Noncurrent Assets
Operating lease, right-of-use asset 919416
Property, plant and equipment 1,0031,5832,4843,3272,031
Long-term investments and receivables  3333
Long-term investments  3333
Other undisclosed noncurrent assets   261  
Total noncurrent assets: 1,9222,0022,7483,3302,034
TOTAL ASSETS: 16,5727,43613,24213,1279,703
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 2,7992,0561,6681,7672,459
Accounts payable 1,0845555015091,286
Accrued liabilities 545541265177172
Employee-related liabilities 1,1709609021,0811,001
Deferred revenue 13867
Debt 769900570568228
Deferred revenue and credits1,2481,921
Other undisclosed current liabilities 504 75  
Total current liabilities: 4,2103,0232,3133,5834,608
Noncurrent Liabilities
Long-term debt and lease obligation 955081,1331,681960
Finance lease, liability 95508
Capital lease obligations1,1331,681960
Liabilities, other than long-term debt 37758   
Other liabilities 37758   
Total noncurrent liabilities: 4725661,1331,681960
Total liabilities: 4,6823,5893,4465,2645,568
Stockholders' equity
Stockholders' equity attributable to parent 15,1136,39311,8389,0234,505
Common stock 12995949
Additional paid in capital 211,663197,543197,507192,808183,667
Accumulated other comprehensive loss (404)(639)(456)(99)(171)
Accumulated deficit (196,158)(190,520)(185,222)(183,745)(179,040)
Stockholders' equity attributable to noncontrolling interest (3,223)(2,546)(2,042)(1,160)(370)
Total stockholders' equity: 11,8903,8479,7967,8634,135
TOTAL LIABILITIES AND EQUITY: 16,5727,43613,24213,1279,703

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 5,9846,6468,53810,24110,213
Revenue, net8,684 
Cost of revenue (1,078)(683)(921)(2,343)(1,338)
Gross profit: 4,9065,9637,6177,8988,875
Operating expenses (11,097)(11,693)(11,494)(13,374) 
Operating income (loss): (6,191)(5,730)(3,877)(5,476)8,875
Nonoperating expense (32)(34)(52)(75) 
Other nonoperating expense (5) (3)  
Interest and debt expense (27)(34)(49)(75)(47)
Other undisclosed income from continuing operations before equity method investments, income taxes   4975 
Income (loss) from continuing operations before equity method investments, income taxes: (6,250)(5,798)(3,929)(5,551)8,828
Loss from equity method investments (6,223)(5,764)  (5,282)
Other undisclosed income from continuing operations before income taxes 6,2505,798   
Income (loss) from continuing operations before income taxes: (6,223)(5,764)(3,929)(5,551)3,546
Income tax expense (benefit) (59)(38)(13)56(367)
Income (loss) before gain (loss) on sale of properties: (6,282)(5,802)(3,942)(5,495)3,179
Other undisclosed net loss     (8,828)
Net loss: (6,282)(5,802)(3,942)(5,495)(5,649)
Net income attributable to noncontrolling interest 677504882790358
Net loss attributable to parent: (5,605)(5,298)(3,060)(4,705)(5,291)
Preferred stock dividends and other adjustments (33)    
Net loss available to common stockholders, diluted: (5,638)(5,298)(3,060)(4,705)(5,291)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss: (6,282)(5,802)(3,942)(5,495)(5,649)
Other undisclosed comprehensive income (loss) 235(183)(357)72(217)
Comprehensive loss: (6,047)(5,985)(4,299)(5,423)(5,866)
Comprehensive income, net of tax, attributable to noncontrolling interest 677504882790358
Comprehensive loss, net of tax, attributable to parent: (5,370)(5,481)(3,417)(4,633)(5,508)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: