Neonode Inc. reported financial results for the quarter ended September 30, 2025. Revenues from continuing operations were $0.4 million, representing a 48.7% decrease compared to the same period in the prior year. Operating expenses from continuing operations rose by 4.0% to $2.1 million. The company recorded a gain from a patent assignment, after brokerage fees, of $15.5 million, which was paid in October 2025. As of September 30, 2025, cash and accounts receivable totaled $12.2 million, and working capital for continuing operations was $26.2 million, compared to $17.2 million and $16.1 million, respectively, as of December 31, 2024. Neonode also noted that legal proceedings between a subsidiary of Aequitas Technologies LLC and Apple Inc. will resume following a court decision to lift a stay in the case.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neonode Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-033477), on November 06, 2025, and is solely responsible for the information contained therein.
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