Neonode Q1 FY26 operating loss widens to $1.9 million; revenue rises 19.7% to $0.6 million

PUBT·05/13/2026 13:10:57

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Neonode posted a wider operating loss from continuing operations of USD 1.9 million, or USD 0.11 per share, for three months ended March 31, 2026, versus a USD 1.8 million loss, or USD 0.11 per share, a year earlier.
Revenue from continuing operations rose 19.7% to USD 0.6 million, while operating expenses increased 8.6% to USD 2.7 million.
Cash used by operations climbed to USD 2.1 million from USD 1.4 million.
Cash and accounts receivable slipped to USD 23.8 million from USD 25.8 million at Dec. 31, 2025, while working capital fell to USD 22.3 million from USD 24.1 million.
Management said growth was driven by MultiSensing and zForce licensing, with MultiSensing transitioning from development to production with an automotive OEM customer, while it expects continued decline in zForce legacy business and is targeting retail opportunities in loss prevention and customer analytics.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neonode Inc. published the original content used to generate this news brief via Cision (Ref. ID: 202605130910BITN____UKPR__EN_20260513-BIT-2253-0) on May 13, 2026, and is solely responsible for the information contained therein.

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