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Sector: Technology | Industry: Electronic Equipment & Parts |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Karlavagen 100 STOCKHOLM 115 26 |
Tel: | N/A |
Website: | https://neonode.com |
IR: | See website |
Key People | ||
Fredrik Nihlen Interim President and Chief Executive Officer, Chief Financial Officer |
Business Overview |
Neonode Inc. is a Sweden-based company, which provides advanced optical sensing solutions for contactless touch, touch, and gesture sensing. It also provide software solutions for scene analysis that feature advanced machine learning algorithms to detect and track persons and objects in video streams for cameras and other typ. The Company operates in three business areas: HMI Solutions, HMI Products and Remote Sensing Solutions. In HMI Solutions, Neonode offers customized optical touch and gesture control solutions for many different markets and segments. In HMI Products, the Company provides plug-and-play sensor modules that enable touch on any surface, in-air touch, and gesture control for a wide range of applications. In Remote Sensing Solutions, Neonode offers robust and cost-effective driver and cabin monitoring solutions for vehicles based on the Company's software platform. Neonode Inc. is organized in four wholly owned subsidiaries located in Sweden, Japan, Korea and Taiwan. |
Financial Overview |
For the fiscal year ended 31 December 2023, Neonode Inc revenues decreased 22% to $4.4M. Net loss increased from $4.9M to $10.1M. Revenues reflect Net license revenues from consumer electronics segment decrease of 23% to $2.2M, Net revenues from sensor modules segment decrease of 38% to $620K, South Korea segment decrease of 42% to $501K, Japan segment decrease of 15% to $1.5M. |
Employees: | 53 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $9.24M as of Dec 31, 2023 |
Annual revenue (TTM): | $4.45M as of Dec 31, 2023 |
EBITDA (TTM): | -$10.64M as of Dec 31, 2023 |
Net annual income (TTM): | -$10.12M as of Dec 31, 2023 |
Free cash flow (TTM): | -$6.43M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 15,359,481 as of Feb 26, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |