Neonode Reports Quarter Ended June 30, 2023 Financial Results
STOCKHOLM, SWEDEN, August 10, 2023 - Neonode Inc. (NASDAQ: NEON) today reported financial results for the three and six months ended June 30, 2023.FINANCIAL SUMMARY FOR THE THREE MONTHS ENDED JUNE 30, 2023: · Revenue of $1.2 million, a decrease of 5.3% compared to the same period in the prior year. · Operating expenses of $2.8 million, a decrease of 1.9% compared to the same period in the prior year. · Net loss of $1.5 million, or $0.10 per share, compared to $1.5 million, or $0.11 per share, for the same period in the prior year. · Cash used by operations of $0.6 million