Neonode Reports 2023 Financial Results
STOCKHOLM, SWEDEN, February 28, 2024 — Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.FINANCIAL SUMMARY FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023:
· Revenue of $4.4 million, a decrease of 21.5% compared to the prior year. · Operating expenses of $10.7 million, an increase of 4.9% compared to the prior year. · Net loss of $10.1 million, or $0.66 per share, compared to $4.9 million, or $0.36 per share, for the prior year. · Cash used by operations of $6.3 million, compared to $6.8 million for the prior year. · Cash
Digital Commerce Finland’s goal is to build the world’s most competitive digital commerce community in Finland and increase the attractiveness of the industry. With the eCom Summit & Awards event, the largest of its kind in Finland, the community highlights people and companies engaged in successful e-commerce.HELSINKI, Finland (February 28th, 2024) The eCom Summit & Awards event, to be held in Helsinki in May, will be the biggest annual e-commerce event in Finland. The event will begin with a seminar, with prominent speakers such as Anna Carolina Wiklund, Capability Manager from Inter Ikea;
