Neonode Inc. NEON
Last close
0.92
2026-09-04
Market cap
$15.5M
2026-06-30 share count
52-week range
0.72 - 5.30
Valuation FY2025 figures against the last close
P/S7.5x
P/E—
P/FCF—
EV/EBITDA2.1x
Dividend yield—
Diluted EPS—
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M | $3.1M | $3.8M | $5.7M | $5.8M | $6.0M | $6.6M | $8.0M | $8.7M | $10.2M |
| Cost of revenue | $26.0K | $116.0K | $12.0K | $804.0K | $955.0K | $1.1M | $683.0K | $921.0K | $2.3M | $1.3M |
| Gross profit | $2.0M | $3.0M | $3.8M | $4.9M | $4.9M | $4.9M | $6.0M | $7.6M | $7.9M | $8.9M |
| R&D | $3.8M | $3.4M | $3.8M | $4.0M | $3.5M | $4.1M | $5.2M | $5.3M | $6.1M | $7.1M |
| SG&A | $4.1M | $3.8M | $1.5M | $4.2M | $5.6M | $4.4M | $4.3M | $4.2M | $4.5M | $4.1M |
| Total operating expenses | $10.2M | $9.5M | $9.6M | $10.2M | $12.0M | $11.1M | $11.7M | $11.5M | $13.4M | $14.0M |
| Operating income | $7.4M | -$6.5M | -$5.7M | -$5.3M | -$7.1M | -$6.2M | -$5.7M | -$3.9M | -$5.5M | -$5.1M |
| Interest expense | — | — | — | — | $15.0K | $27.0K | $34.0K | $49.0K | $75.0K | $47.0K |
| Pre-tax income | $8.0M | -$5.9M | -$5.0M | -$5.2M | -$7.1M | -$6.2M | -$5.8M | -$3.9M | -$5.6M | -$5.3M |
| Income tax | $9.0K | $15.0K | $115.0K | $118.0K | $146.0K | $59.0K | $38.0K | $13.0K | $56.0K | $367.0K |
| Net income | $8.5M | -$6.5M | -$10.1M | -$4.9M | -$6.5M | -$6.3M | -$5.3M | -$3.1M | -$4.7M | -$5.3M |
| EPS, basic | 0.51 | -0.41 | -0.66 | -0.36 | -0.54 | — | — | — | — | — |
| EPS, diluted | — | -0.41 | -0.66 | -0.36 | -0.54 | 0.56 | -0.60 | -0.52 | -0.89 | -0.12 |
| Shares, diluted (wtd. avg.) | $16.8M | $15.9M | $15.3K | $13.6K | $11.9K | $10.0K | $8.8M | $5.9K | $5.3K | $45.7K |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $25.4M | $16.4M | $16.2M | $14.8M | $17.4M | $10.5M | $2.4M | $6.6M | $5.8M | $3.5M |
| Receivables | $391.0K | $732.0K | $652.0K | $1.4M | $1.3M | $1.7M | $1.3M | $1.8M | $1.0M | $1.5M |
| Inventory | — | — | $610.0K | $3.8M | $2.5M | $1.3M | $1.0M | $1.2M | $1.2M | $696.0K |
| Total current assets | $26.3M | $17.7M | $18.6M | $20.8M | $22.0M | $14.7M | $5.4M | $10.5M | $9.8M | $7.7M |
| Property, plant and equipment | $145.0K | $62.0K | $110.0K | $282.0K | $376.0K | $1.0M | $1.6M | $2.5M | $3.3M | $2.0M |
| Total assets | $26.9M | $18.4M | $19.0M | $21.2M | $23.0M | $16.6M | $7.4M | $13.2M | $13.1M | $9.7M |
| Accounts payable | $464.0K | $229.0K | $400.0K | $334.0K | $776.0K | $1.1M | $555.0K | $501.0K | $509.0K | $1.3M |
| Total current liabilities | $2.2M | $1.6M | $1.8M | $1.7M | $3.0M | $4.2M | $3.0M | $2.3M | $3.6M | $4.6M |
| Total liabilities | $2.2M | $1.9M | $1.9M | $1.8M | $3.2M | $4.7M | $3.6M | $3.4M | $5.3M | $5.6M |
| Retained earnings | -$215.6M | -$224.1M | -$217.6M | -$207.5M | -$202.6M | -$196.2M | -$190.5M | -$185.2M | -$183.7M | -$179.0M |
| Total equity | $24.7M | $16.4M | $17.2M | $19.4M | $19.8M | $15.1M | $3.8M | $9.8M | $7.9M | $4.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10.3M | -$5.6M | -$6.3M | -$6.8M | -$7.7M | -$5.8M | -$3.5M | -$2.9M | -$5.6M | -$6.3M |
| Depreciation and amortisation | $50.0K | $58.0K | $47.0K | $120.0K | $632.0K | $767.0K | $855.0K | $1.0M | $953.0K | $360.0K |
| Stock-based compensation | $0 | $3.0K | $58.0K | $122.0K | $157.0K | $77.0K | — | $29.0K | $72.0K | $255.0K |
| Capital expenditure | $91.0K | $37.0K | $123.0K | $52.0K | — | $60.0K | $89.0K | $236.0K | $656.0K | $987.0K |
| Investing cash flow | $19.3M | $152.0K | -$123.0K | -$52.0K | -$67.0K | -$58.0K | -$89.0K | -$232.0K | -$656.0K | -$985.0K |
| Financing cash flow | -$11.0K | $5.8M | $7.8M | $4.5M | $14.6M | $13.6M | -$499.0K | $4.1M | $8.6M | $7.8M |
| Buybacks | — | — | — | $12.0K | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-008759.
Others in SIC 3679
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| VRT | Vertiv Holdings Co | $108.00B | 82.3x | 27.7% |
| AEIS | ADVANCED ENERGY INDUSTRIES INC | $11.25B | 73.2x | 21.4% |
| VICR | VICOR CORP | $8.57B | 72.2x | 13.5% |
| PI | IMPINJ INC | $5.27B | — | -1.4% |
| VREX | Varex Imaging Corp | $779.3M | — | 4.1% |
| MPTI | M-tron Industries, Inc. | $324.1M | 28.5x | 11.0% |
| ESP | ESPEY MFG & ELECTRONICS CORP | $189.8M | 21.0x | -90.5% |
| LGL | LGL GROUP INC | $94.6M | 68.2x | 10.2% |