Neonode Inc. is a publicly traded company, headquartered in Stockholm, Sweden and established in 2001. The company provides advanced optical sensing solutions for contactless touch, touch, gesture control, and in-cabin monitoring. Building on experience acquired during years of advanced R&D and technology licensing, Neonode's technology is currently deployed in more than 75 million products and the company holds more than 120 patents worldwide. Neonode's customer base includes some of the world's best-known Fortune 500 companies in the consumer electronics, office equipment, medical, avionics, and automotive industries. Neonode operates in three business areas: HMI Solutions, HMI Products and Remote Sensing Solutions. In HMI Solutions, Neonode offers customized touch and gesture control solutions for different markets and segments, including the military & avionics and industrial segments. In HMI Products, the company provides standardized sensor modules for contactless touch, touch and gesture sensing applications relevant to many industries, including the elevator and interactive kiosk segments. In Remote Sensing Solutions, Neonode offers software solutions for driver and in-cabin monitoring in vehicles.
Company profile
Ticker
NEON
Exchange
Website
CEO
Urban Forssell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Neonode, Inc, SBE INC
SEC CIK
Corporate docs
Subsidiaries
Neonode Technologies AB • Neonode Japan Inc. • Neonode Korea Ltd. ...
IRS number
941517641
NEON stock data
Latest filings (excl ownership)
8-K
Amendments to Articles of Incorporation or Bylaws
10 Mar 23
10-K
2022 FY
Annual report
9 Mar 23
8-K
Neonode Reports 2022 Financial Results
9 Mar 23
10-Q
2022 Q3
Quarterly report
10 Nov 22
8-K
Results of Operations and Financial Condition
10 Nov 22
8-K
Submission of Matters to a Vote of Security Holders
29 Sep 22
DEFA14A
Additional proxy soliciting materials
15 Aug 22
DEFR14A
Revised proxy
15 Aug 22
10-Q
2022 Q2
Quarterly report
11 Aug 22
8-K
Results of Operations and Financial Condition
11 Aug 22
Transcripts
NEON
Earnings call transcript
2022 Q4
9 Mar 23
NEON
Earnings call transcript
2022 Q3
10 Nov 22
NEON
Earnings call transcript
2022 Q2
11 Aug 22
NEON
Earnings call transcript
2022 Q1
12 May 22
NEON
Earnings call transcript
2021 Q4
10 Mar 22
NEON
Earnings call transcript
2021 Q3
10 Nov 21
NEON
Earnings call transcript
2021 Q2
11 Aug 21
NEON
Earnings call transcript
2021 Q1
12 May 21
NEON
Earnings call transcript
2020 Q4
10 Mar 21
NEON
Earnings call transcript
2020 Q3
10 Nov 20
Latest ownership filings
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
13 Mar 23
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
18 Jan 23
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
17 Jan 23
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
12 Jan 23
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
5 Jan 23
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
27 Dec 22
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
19 Dec 22
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
16 Dec 22
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
8 Dec 22
SC 13G/A
Forsakringsaktiebolaget Avanza Pension
2 Dec 22
Financial summary
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 14.82 mm | 14.82 mm | 14.82 mm | 14.82 mm | 14.82 mm | 14.82 mm |
| Cash burn (monthly) | (no burn) | 213.92 k | 415.67 k | 440.67 k | 371.33 k | 567.33 k |
| Cash used (since last report) | n/a | 645.94 k | 1.26 mm | 1.33 mm | 1.12 mm | 1.71 mm |
| Cash remaining | n/a | 14.17 mm | 13.56 mm | 13.49 mm | 13.69 mm | 13.10 mm |
| Runway (months of cash) | n/a | 66.2 | 32.6 | 30.6 | 36.9 | 23.1 |
Institutional ownership, Q4 2022
23.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 19 |
| Opened positions | 6 |
| Closed positions | 2 |
| Increased positions | 4 |
| Reduced positions | 4 |
| 13F shares | Current |
|---|---|
| Total value | 2.05 bn |
| Total shares | 3.61 mm |
| Total puts | 5.00 k |
| Total calls | 5.30 k |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| Lindell Peter | 1.78 mm | $19.46 mm |
| Forsakringsaktiebolaget Avanza Pension | 1.36 mm | $7.64 mm |
| Vanguard | 88.93 k | $489.09 mm |
| BLK Blackrock | 79.85 k | $439.19 mm |
| AWM Investment | 78.20 k | $430.10 mm |
| Geode Capital Management | 68.88 k | $378.00 k |
| Susquehanna International | 52.37 k | $288.02 mm |
| Dimensional Fund Advisors | 28.40 k | $156.00 k |
| STT State Street | 26.21 k | $144.16 mm |
| BAC Bank Of America | 17.82 k | $98.03 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 May 22 | Cecilia Edstrom | Common Stock | Grant | Acquire A | No | No | 0 | 4,000 | 0.00 | 4,000 |
| 17 Dec 21 | Fredrik Nihlen | Common Stock | Grant | Acquire A | No | No | 0 | 3,360 | 0.00 | 16,190 |
| 17 Dec 21 | Urban Forssell | Common Stock | Grant | Acquire A | No | No | 0 | 6,125 | 0.00 | 123,922 |
News
12 Information Technology Stocks Moving In Tuesday's Intraday Session
21 Feb 23
Neonode Has Received A Notice Of Allowance For Its U.S. Patent Application 17/487,195 Titled "Optical Touch Sensor"
13 Feb 23
12 Information Technology Stocks Moving In Tuesday's Intraday Session
31 Jan 23
11 Information Technology Stocks Moving In Monday's Intraday Session
23 Jan 23
12 Information Technology Stocks Moving In Friday's Intraday Session
20 Jan 23