Neonode | 8-K: FY2025 Q3 Revenue: USD 430 K

Revenue: As of FY2025 Q3, the actual value is USD 430 K.

EPS: As of FY2025 Q3, the actual value is USD 0.85.

EBIT: As of FY2025 Q3, the actual value is USD 13.81 M.

Segment Revenue

• Revenues from continuing operations for the three months ended September 30, 2025, were $0.4 million, a decrease of 48.7% compared to the same period in 2024.
• Revenues from continuing operations for the nine months ended September 30, 2025, were $1.5 million, a decrease of 37.1% compared to the same period in 2024.

Operational Metrics

• Operating expenses from continuing operations for the three months ended September 30, 2025, were $2.1 million, an increase of 4.0% compared to the same period in 2024.
• Operating expenses from continuing operations for the nine months ended September 30, 2025, were $7.3 million, an increase of 0.9% compared to the same period in 2024.
• Income from continuing operations for the three months ended September 30, 2025, was $13.9 million, compared to a loss of $1.0 million for the same period in 2024.
• Income from continuing operations for the nine months ended September 30, 2025, was $10.2 million, compared to a loss of $4.4 million for the same period in 2024.

Cash Flow

• Cash used by operations for the three months ended September 30, 2025, was $1.5 million, compared to $1.3 million for the same period in 2024.
• Cash used by operations for the nine months ended September 30, 2025, was $4.6 million, compared to $4.4 million for the same period in 2024.

Unique Metrics

• Gain from patent assignment after brokerage fee was $15.5 million, which was paid in October 2025.

Outlook / Guidance

• The CEO noted a decline in revenues from legacy business segments, with expectations of continued headwinds until new customers transition to full production. The company is focusing on broadening business opportunities and advancing its product roadmap to support long-term growth. Neonode is aligning its strategy around the MultiSensing AI computer vision platform for expanded deployment in the automotive sector and exploring additional application areas.