Neonode Reports Quarter Ended September 30, 2021 Financial Results
STOCKHOLM, SWEDEN – November 10, 2021 – Neonode Inc. (NASDAQ: NEON), today reported financial results for the three and nine months ending September 30, 2021. FINANCIAL SUMMARY FOR THE THREE MONTHS ENDED September 30, 2021: · Revenue of $1.0 million, a decrease of 36% compared to the same period in the prior year. · Operating expenses of $2.7 million, a decrease of 12% compared to the same period in the prior year. · Net loss of $1.7 million, or $0.15 per share, compared to $1.6 million, or $0.16 per share, for the same period in the prior year. · Cash used by operations of