Neonode

Neonode reported for Q2 2026 a revenue decline from continuing operations of 20.4% to about $0.5m and a loss of $2.1m ($0.13 per share). One-off revenues from development services plunged 81.5% to $36,000, while license revenues in the MultiSensing segment rose. Investors were disappointed and the stock fell intraday, as the revenue decline has continued for several quarters and losses widened. » Więcej na de.investing.com

Neonode received a notice from NASDAQ that the closing price of the common stock was below the minimum requirement of $1.00 for 30 consecutive trading days, thereby failing to meet Rule 5550(a)(2). The stock will continue to be traded for now; the company has until February 2, 2027 (180 days) to regain compliance by maintaining a price at or above $1.00 for at least ten consecutive trading days. If Neonode does not meet the requirements, it may apply for a second extension, execute a reverse stock split, face delisting risk, and appeal any decision. » Więcej na de.investing.com

Neonode expects net proceeds of $15 to $20 million from a settlement between Samsung and Aequitas Sub, as Neonode is entitled to 50% of the net proceeds under a 2019 agreement. The amount already reflects fees, legal costs and taxes; the court dismissed the case on September 2. The board has not yet decided how to use the funds; additionally, Neonode was added to the Russell 2000 and two board members were re-elected. » Więcej na de.investing.com