Neonode Reports Quarter Ended September 30, 2022 Financial Results
STOCKHOLM, SWEDEN, November 10, 2022 — Neonode Inc. (NASDAQ: NEON), today reported financial results for the three and nine months ended September 30, 2022.FINANCIAL SUMMARY FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2022: · Revenue of $1.2 million, an increase of 26.4% compared to the same period in the prior year. · Operating expenses of $2.1 million, a decrease of 21.8% compared to the same period in the prior year. · Net loss of $0.8 million, or $0.06 per share, compared to $1.7 million, or $0.15 per share, for the same period in the prior year. · Cash used by