展示文件99.1
新聞發佈
發佈時間：2024年8月8日上午09:10 EDT
neonode 報告2024年6月30日結束的季度財務結果
瑞典，2024年8月8日 — neonode公司（納斯達克：NEON）（「neonode」或「公司」）今天公佈了截至2024年6月30日的三個月和六個月的財務結果.
2024年6月30日結束的三個月財務摘要：
| ● | 收入 與上一年同期相比增長18.7%，達到140萬美元。 |
| ● | 運營費用爲270萬美元，較去年同期減少1.6%。 |
| ● | 淨損失爲170萬美元，每股0.11美元，相比之下，去年同期爲150萬美元，每股0.10美元。 |
| ● | 經營活動產生的現金流量爲120萬美元，相比去年同期的60萬美元。 |
| ● | 截至2024年6月30日，現金和應收賬款爲1440萬美元，較2023年12月31日的1710萬美元有所下降。 |
2024年6月30日結束的六個月財務總結:
| ● | 營業收入爲$240萬，與去年同期相比下降了0.6%。 |
| ● | 運營費用爲560萬美元，相比上一年同期增長0.9%。 |
| ● | 淨損失爲380萬美元，每股0.25美元，相比之下，去年同期爲290萬美元，每股0.19美元。 |
| ● | 經營活動使用的現金爲310萬美元，與上一年同期的230萬美元相比。 |
臨時總裁兼首席執行官（"CEO"）和致富金融（臨時代碼）官（"CFO"）的評論
「我們的營業收入在2024年第二季度與去年同期相比有所增加。一次性工程收入增加主要歸因於與商用車輛客戶的原始設備製造商（OEM）合作進行中的駕駛員監控系統（DMS）項目，該項目是在去年年底宣佈的。與去年同期相比，產品銷售額也有所增加，主要是由於客戶發出最後一次購買訂單以確保供應，在我們決定將業務重心轉向許可證方面並逐步淘汰產品業務後。與去年同期相比，許可證收入減少，主要是由於我們傳統客戶產品的需求較低。2024年第二季度的毛利率與去年同期相比下降，這是由於成本增加導致營業收入增加和一次性收入結合許可證收入減少的結果。雖然2024年第二季度的營業費用與去年同期相比有所降低，但毛利率的下降導致淨損失增加」，neonode的代總裁兼首席執行官兼首席財務官Fredrik Nihlén說。
我們的司機和車內監控解決方案繼續吸引注意，這是積極的。我們認爲這是有希望的，並且相信我們的解決方案不僅具有競爭力，而且具有可擴展性和靈活性，使得該解決方案對商用車和乘用車製造商都具有吸引力。除了今年早些時候宣佈的第一個觸摸傳感器模塊技術許可協議外，我們還不斷看到有趣的許可機會，涉及我們的觸摸和非觸摸人機交互產品。Nihlén先生總結道。
2024年6月30日止季度財務概覽
2024年6月30日結束的季度收入爲140萬美元，與2023年同期相比增長18.7%。許可收入爲60萬美元，與2023年同期相比下降了43.9%。這一下降是由於2024年第二季度我們客戶的銷量較2023年同季度低所致。
2024年6月30日結束的季度，產品銷售收入爲60萬美元，與2023年同期相比增長了641.7%，主要是由於客戶的上次買入訂單。
2024年第二季度來自非經常性工程的收入爲20萬美元，與2023年同期相比增長了750.0%，主要歸功於去年年底宣佈的與商用車OEm客戶的DMS項目。
2024年第二季度，產品毛利率爲26.0%，而2023年同期爲66.7%。2024年第二季度產品的毛利率受到一次性成本的影響，這一成本爲8000美元，與觸控傳感器模塊的製造逐步取消有關。
我們在2024年第二季度的營業支出較2023年同期減少了1.6%，主要是因爲人員薪酬和相關成本降低，但專業費用有所增加。
2024年第二季度淨虧損爲170萬美元，每股0.11美元，而2023年同期淨虧損爲150萬美元，每股0.10美元。2024年第二季度經營活動使用現金120萬美元，而2023年同期爲60萬美元。這一增加主要是由於2024年第二季度的零部件採購以及客戶付款的時間安排。
截至2024年6月30日，現金和應收賬款合計1440萬美元，工作資本爲1320萬美元，相比之下，截至2023年12月31日分別爲1710萬美元和1680萬美元。
如需了解更多信息，請聯繫：
臨時總裁和首席執行官以及致富金融(臨時代碼)官員
Fredrik Nihlén
電子郵件：fredrik.nihlen@neonode.com
電話：+46 703 97 21 09
關於 neonode
Neonode公司（納斯達克:NEON）是一家總部位於瑞典斯德哥爾摩，成立於2001年的上市公司。該公司爲非接觸式觸摸、觸摸、手勢控制和車艙監控提供愛文思控股經先進光學傳感解決方案。藉助多年的高級研究和開發以及技術許可經驗，neonode的技術目前已部署在超過9000萬產品中，該公司在全球擁有100多項專利。neonode的客戶群包括一些世界知名的財富500強公司，涵蓋消費電子、辦公設備、汽車、電梯和自助服務亭領域。
NEONODE和neonode標誌是在美國和其他國家註冊的Neonode Inc.商標。
如需更多信息，請訪問 www.neonode.com
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安全港聲明
本新聞稿包含根據1995年《私人證券訴訟改革法》涵蓋的前瞻性聲明。其中包括但不限於，涉及我們產品增長預期以及產品需求增長的相關聲明，未來表現或未來事件。這些聲明基於當前的假設、預期和neonode管理層可獲得的信息，並涉及一系列已知和未知的風險、不確定性和其他因素，可能導致neonode的實際結果、活動水平、表現或成就與這些前瞻性聲明中所表達或暗示的有重大不同。
These risks, uncertainties, and factors include risks related to our reliance on the ability of our customers to design, manufacture and sell their products with our touch technology, the length of a customer’s product development cycle, our dependence and our customers’ dependence on suppliers, the global economy generally and other risks discussed under “Risk Factors” and elsewhere in Neonode’s public filings with the SEC from time to time, including Neonode’s annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. You are advised to carefully consider these various risks, uncertainties and other factors. Although Neonode management believes that the forward-looking statements contained in this press release are reasonable, it can give no assurance that its expectations will be fulfilled. Forward-looking statements are made as of today’s date, and Neonode undertakes no duty to update or revise them.
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NEONODE INC.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
(Unaudited)
| June 30, | December 31, | |||||||
| 2024 | 2023 | |||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 13,107 | $ | 16,155 | ||||
| Accounts receivable and unbilled revenues, net | 1,246 | 917 | ||||||
| Inventory | 205 | 610 | ||||||
| Prepaid expenses and other current assets | 536 | 938 | ||||||
| Total current assets | 15,094 | 18,620 | ||||||
| Property and equipment, net | 83 | 340 | ||||||
| Operating lease right-of-use assets, net | 17 | 54 | ||||||
| Total assets | $ | 15,194 | $ | 19,014 | ||||
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 321 | $ | 440 | ||||
| Accrued payroll and employee benefits | 1,271 | 941 | ||||||
| Accrued expenses | 207 | 354 | ||||||
| Contract liabilities | 51 | 10 | ||||||
| Current portion of finance lease obligations | 6 | 33 | ||||||
| Current portion of operating lease obligations | 17 | 54 | ||||||
| Total current liabilities | 1,873 | 1,832 | ||||||
| Finance lease obligations, net of current portion | - | 19 | ||||||
| Total liabilities | 1,873 | 1,851 | ||||||
| Commitments and contingencies | ||||||||
| Stockholders’ equity: | ||||||||
| Common stock, 25,000,000 shares authorized, with par value of $0.001; 15,359,481 shares issued and outstanding at June 30, 2024 and December 31, 2023 | 15 | 15 | ||||||
| Additional paid-in capital | 235,161 | 235,158 | ||||||
| Accumulated other comprehensive loss | (462 | ) | (396 | ) | ||||
| Accumulated deficit | (221,393 | ) | (217,614 | ) | ||||
| Total stockholders’ equity | 13,321 | 17,163 | ||||||
| Total liabilities and stockholders’ equity | $ | 15,194 | $ | 19,014 | ||||
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NEONODE INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
(Unaudited)
| Three months ended June 30, | Six months ended June 30, | |||||||||||||||
| 2024 | 2023 | 2024 | 2023 | |||||||||||||
| Revenues: | ||||||||||||||||
| License fees | $ | 614 | $ | 1,094 | $ | 1,387 | $ | 2,242 | ||||||||
| Products | 623 | 84 | 823 | 186 | ||||||||||||
| Non-recurring engineering | 187 | 22 | 228 | 25 | ||||||||||||
| Total revenues | 1,424 | 1,200 | 2,438 | 2,453 | ||||||||||||
| Cost of revenues: | ||||||||||||||||
| Products | 461 | 28 | 841 | 75 | ||||||||||||
| Non-recurring engineering | 24 | 9 | 41 | 9 | ||||||||||||
| Total cost of revenues | 485 | 37 | 882 | 84 | ||||||||||||
| Total gross margin | 939 | 1,163 | 1,556 | 2,369 | ||||||||||||
| Operating expenses: | ||||||||||||||||
| Research and development | 975 | 1,063 | 1,870 | 1,865 | ||||||||||||
| Sales and marketing | 544 | 689 | 1,360 | 1,281 | ||||||||||||
| General and administrative | 1,227 | 1,038 | 2,387 | 2,422 | ||||||||||||
| Total operating expenses | 2,746 | 2,790 | 5,617 | 5,568 | ||||||||||||
| Operating loss | (1,807 | ) | (1,627 | ) | (4,061 | ) | (3,199 | ) | ||||||||
| Other income (expense): | ||||||||||||||||
| Interest income, net | 140 | 169 | 320 | 327 | ||||||||||||
| Other expense | (17 | ) | - | (17 | ) | - | ||||||||||
| Total other income, net | 123 | 169 | 303 | 327 | ||||||||||||
| Loss before provision for income taxes | (1,684 | ) | (1,458 | ) | (3,758 | ) | (2,872 | ) | ||||||||
| Provision for income taxes | 11 | 49 | 21 | 60 | ||||||||||||
| Net loss | $ | (1,695 | ) | $ | (1,507 | ) | $ | (3,779 | ) | $ | (2,932 | ) | ||||
| Loss per common share: | ||||||||||||||||
| Basic and diluted loss per share | $ | (0.11 | ) | $ | (0.10 | ) | $ | (0.25 | ) | $ | (0.19 | ) | ||||
| Basic and diluted – weighted average number of common shares outstanding | 15,359 | 15,359 | 15,359 | 15,285 | ||||||||||||
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NEONODE INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
(In thousands)
(Unaudited)
| Three months ended June 30, | Six months ended June 30, | |||||||||||||||
| 2024 | 2023 | 2024 | 2023 | |||||||||||||
| Net loss | $ | (1,695 | ) | $ | (1,507 | ) | $ | (3,779 | ) | $ | (2,932 | ) | ||||
| Other comprehensive loss: | ||||||||||||||||
| Foreign currency translation adjustments | (32 | ) | (141 | ) | (66 | ) | (106 | ) | ||||||||
| Other comprehensive loss | $ | (1,727 | ) | $ | (1,648 | ) | $ | (3,845 | ) | $ | (3,038 | ) | ||||
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NEONODE INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In thousands)
(Unaudited)
For the three and six months ended June 30, 2024 and 2023
| Common Stock Shares Issued | Common Stock Amount | Additional Paid-in Capital | Accumulated Other Comprehensive Loss | Accumulated Deficit | Total Stockholders’ Equity | |||||||||||||||||||
| Balances, December 31, 2023 | 15,359 | $ | 15 | $ | 235,158 | $ | (396 | ) | $ | (217,614 | ) | $ | 17,163 | |||||||||||
| Stock-based compensation | - | - | 2 | - | - | 2 | ||||||||||||||||||
| Foreign currency translation adjustment | - | - | - | (34 | ) | - | (34 | ) | ||||||||||||||||
| Net loss | - | - | - | - | (2,084 | ) | (2,084 | ) | ||||||||||||||||
| Balances, March 31, 2024 | 15,359 | $ | 15 | $ | 235,160 | $ | (430 | ) | $ | (219,698 | ) | $ | 15,047 | |||||||||||
| Stock-based compensation | - | - | 1 | - | - | 1 | ||||||||||||||||||
| Foreign currency translation adjustment | - | - | - | (32 | ) | - | (32 | ) | ||||||||||||||||
| Net loss | - | - | - | - | (1,695 | ) | (1,695 | ) | ||||||||||||||||
| Balances, June 30, 2024 | 15,359 | $ | 15 | $ | 235,161 | $ | (462 | ) | $ | (221,393 | ) | $ | 13,321 | |||||||||||
| Common Stock Shares Issued | Common Stock Amount | Additional Paid-in Capital | Accumulated Other Comprehensive Loss | Accumulated Deficit | Total Stockholders’ Equity | |||||||||||||||||||
| Balances, December 31, 2022 | 14,456 | $ | 14 | $ | 227,235 | $ | (340 | ) | $ | (207,491 | ) | $ | 19,418 | |||||||||||
| Stock-based compensation | - | - | 18 | - | - | 18 | ||||||||||||||||||
| Issuance of shares for cash, net of offering costs | 903 | 1 | 7,865 | - | - | 7,866 | ||||||||||||||||||
| Foreign currency translation adjustment | - | - | - | 35 | - | 35 | ||||||||||||||||||
| Net loss | - | - | - | - | (1,425 | ) | (1,425 | ) | ||||||||||||||||
| Balances, March 31, 2023 | 15,359 | $ | 15 | $ | 235,118 | $ | (305 | ) | $ | (208,916 | ) | $ | 25,912 | |||||||||||
| Stock-based compensation | - | - | 17 | - | - | 17 | ||||||||||||||||||
| Foreign currency translation adjustment | - | - | - | (141 | ) | - | (141 | ) | ||||||||||||||||
| Net loss | - | - | - | - | (1,507 | ) | (1,507 | ) | ||||||||||||||||
| Balances, June 30, 2023 | 15,359 | $ | 15 | $ | 235,135 | $ | (446 | ) | $ | (210,423 | ) | $ | 24,281 | |||||||||||
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NEONODE INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)
| Six months ended June 30, | ||||||||
| 2024 | 2023 | |||||||
| Cash flows from operating activities: | ||||||||
| Net loss | $ | (3,779 | ) | $ | (2,932 | ) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
| Stock-based compensation expense | 3 | 35 | ||||||
| Loss on disposal of assets | 18 | - | ||||||
| Depreciation and amortization | 40 | 37 | ||||||
| Amortization of operating lease right-of-use assets | 34 | 33 | ||||||
| Inventory impairment loss | 286 | - | ||||||
| Changes in operating assets and liabilities: | ||||||||
| Accounts receivable and unbilled revenues, net | (344 | ) | 140 | |||||
| Inventory | 89 | 17 | ||||||
| Prepaid expenses and other current assets | 362 | 27 | ||||||
| Accounts payable, accrued payroll and employee benefits, and accrued expenses | 149 | 374 | ||||||
| Contract liabilities | 41 | (13 | ) | |||||
| Operating lease obligations | (34 | ) | (33 | ) | ||||
| Net cash used in operating activities | (3,135 | ) | (2,315 | ) | ||||
| Cash flows from investing activities: | ||||||||
| Purchase of property and equipment | (37 | ) | (36 | ) | ||||
| Proceeds from sale of property and equipment | 190 | - | ||||||
| Net cash used in investing activities | 153 | (36 | ) | |||||
| Cash flows from financing activities: | ||||||||
| Proceeds from issuance of common stock, net of offering costs | - | 7,866 | ||||||
| Principal payments on finance lease obligations | (13 | ) | (52 | ) | ||||
| Net cash (used in) provided by financing activities | (13 | ) | 7,814 | |||||
| Effect of exchange rate changes on cash and cash equivalents | (53 | ) | 12 | |||||
| Net change in cash and cash equivalents | (3,048 | ) | 5,475 | |||||
| Cash and cash equivalents at beginning of period | 16,155 | 14,816 | ||||||
| Cash and cash equivalents at end of period | $ | 13,107 | $ | 20,291 | ||||
| Supplemental disclosure of cash flow information: | ||||||||
| Cash paid for income taxes | $ | 21 | $ | 60 | ||||
| Cash paid for interest | $ | 1 | $ | 6 | ||||
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