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Neonode | 8-K: Current report

Neonode | 8-K: Current report

Neonode | 8-K:重大事件
美股SEC公告 ·  2024/11/06 09:22

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Neonode Inc. reported Q3 2024 financial results, with revenues from continuing operations at $0.8 million, a slight 0.2% decrease year-over-year. Net loss from continuing operations narrowed to $1.0 million, or $0.07 per share, compared to $1.1 million in Q3 2023. Operating expenses decreased by 2.7% to $2.0 million.License revenues declined 12.6% to $0.7 million due to lower demand from legacy customers, while non-recurring engineering revenues surged to $0.1 million. Cash used by operations improved to $1.3 million from $1.8 million last year. The company ended the quarter with $18.6 million in cash and accounts receivable.Neonode remains optimistic about generating new projects in driver and in-cabin monitoring solutions for the automotive industry. The company's financial position enables execution of its strategy to secure more licensing opportunities for its technologies.
Neonode Inc. reported Q3 2024 financial results, with revenues from continuing operations at $0.8 million, a slight 0.2% decrease year-over-year. Net loss from continuing operations narrowed to $1.0 million, or $0.07 per share, compared to $1.1 million in Q3 2023. Operating expenses decreased by 2.7% to $2.0 million.License revenues declined 12.6% to $0.7 million due to lower demand from legacy customers, while non-recurring engineering revenues surged to $0.1 million. Cash used by operations improved to $1.3 million from $1.8 million last year. The company ended the quarter with $18.6 million in cash and accounts receivable.Neonode remains optimistic about generating new projects in driver and in-cabin monitoring solutions for the automotive industry. The company's financial position enables execution of its strategy to secure more licensing opportunities for its technologies.
Neonode Inc.公佈了2024年第三季度財務結果,持續經營收入爲80萬美元,同比略微減少0.2%。持續經營的淨虧損收窄至100萬美元,或每股0.07美元,相比之下,2023年第三季度爲110萬美元。營業費用下降了2.7%,降至200萬美元。因傳統客戶需求下降,許可收入減少了12.6%,降至70萬美元,而非經常性工程收入激增至10萬美元。現金使用情況改善,運營現金減少至130萬美元,比去年180萬美元有所改善。公司在本季度結束時擁有1860萬美元現金和應收賬款。Neonode對在汽車行業驅動程序和車內監控解決方案方面產生新項目保持樂觀。公司的財務狀況使其能夠執行策略,以確保獲得更多技術許可機會。
Neonode Inc.公佈了2024年第三季度財務結果,持續經營收入爲80萬美元,同比略微減少0.2%。持續經營的淨虧損收窄至100萬美元,或每股0.07美元,相比之下,2023年第三季度爲110萬美元。營業費用下降了2.7%,降至200萬美元。因傳統客戶需求下降,許可收入減少了12.6%,降至70萬美元,而非經常性工程收入激增至10萬美元。現金使用情況改善,運營現金減少至130萬美元,比去年180萬美元有所改善。公司在本季度結束時擁有1860萬美元現金和應收賬款。Neonode對在汽車行業驅動程序和車內監控解決方案方面產生新項目保持樂觀。公司的財務狀況使其能夠執行策略,以確保獲得更多技術許可機會。
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