2020 Form 10-K Financial Statement
#000121390021014481 Filed on March 10, 2021
Income Statement
Concept | 2020 | 2019 Q4 | 2019 |
---|---|---|---|
Revenue | $5.984M | $1.610M | $6.646M |
YoY Change | -9.96% | -31.78% | -22.16% |
Cost Of Revenue | $1.078M | $450.0K | $683.0K |
YoY Change | 57.83% | 0.0% | -25.84% |
Gross Profit | $4.906M | $1.170M | $5.963M |
YoY Change | -17.73% | -39.06% | -21.71% |
Gross Profit Margin | 81.99% | 72.67% | 89.72% |
Selling, General & Admin | $6.958M | $2.260M | $6.454M |
YoY Change | 7.81% | -97.58% | 3.83% |
% of Gross Profit | 141.83% | 193.16% | 108.23% |
Research & Development | $4.139M | $1.360M | $5.239M |
YoY Change | -21.0% | 5.43% | -0.74% |
% of Gross Profit | 84.37% | 116.24% | 87.86% |
Depreciation & Amortization | $767.0K | $210.0K | $855.0K |
YoY Change | -10.29% | -4.55% | -15.18% |
% of Gross Profit | 15.63% | 17.95% | 14.34% |
Operating Expenses | $11.10M | $3.610M | $11.69M |
YoY Change | -5.1% | -96.19% | 1.73% |
Operating Profit | -$6.191M | -$2.440M | -$5.730M |
YoY Change | 8.05% | -97.37% | 47.79% |
Interest Expense | $27.00K | -$120.0K | $34.00K |
YoY Change | -20.59% | -100.13% | -30.61% |
% of Operating Profit | |||
Other Income/Expense, Net | -$32.00K | $0.00 | -$34.00K |
YoY Change | -5.88% | -34.62% | |
Pretax Income | -$6.223M | -$2.570M | -$5.764M |
YoY Change | 7.96% | 179.35% | 46.7% |
Income Tax | $59.00K | $20.00K | $38.00K |
% Of Pretax Income | |||
Net Earnings | -$6.282M | -$2.589M | -$5.298M |
YoY Change | 18.57% | 182.95% | 73.14% |
Net Earnings / Revenue | -104.98% | -160.81% | -79.72% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$561.6K | -$265.6K | -$599.5K |
COMMON SHARES | |||
Basic Shares Outstanding | 9.989K shares | 8.811M shares | 8.844M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2020 | 2019 Q4 | 2019 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $10.47M | $2.360M | $2.360M |
YoY Change | 343.64% | -64.02% | -64.02% |
Cash & Equivalents | $2.357M | ||
Short-Term Investments | |||
Other Short-Term Assets | $730.0K | $226.0K | $510.0K |
YoY Change | 43.14% | -1.74% | -28.17% |
Inventory | $1.270M | $1.030M | $1.030M |
Prepaid Expenses | |||
Receivables | $1.740M | $1.324M | $1.320M |
Other Receivables | $440.0K | $0.00 | $220.0K |
Total Short-Term Assets | $14.65M | $5.434M | $5.430M |
YoY Change | 169.8% | -48.22% | -48.24% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.920M | $1.583M | $2.000M |
YoY Change | -4.0% | -36.27% | -19.35% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Assets | $0.00 | ||
YoY Change | -100.0% | ||
Total Long-Term Assets | $1.920M | $2.002M | $2.010M |
YoY Change | -4.48% | 667.05% | -26.91% |
TOTAL ASSETS | |||
Total Short-Term Assets | $14.65M | $5.434M | $5.430M |
Total Long-Term Assets | $1.920M | $2.002M | $2.010M |
Total Assets | $16.57M | $7.436M | $7.440M |
YoY Change | 122.72% | -43.85% | -43.81% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.080M | $555.0K | $560.0K |
YoY Change | 92.86% | 10.78% | 12.0% |
Accrued Expenses | $2.220M | $541.0K | $1.830M |
YoY Change | 21.31% | 104.15% | 56.41% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $770.0K | $570.0K | $570.0K |
YoY Change | 35.09% | 0.0% | 0.0% |
Total Short-Term Liabilities | $4.210M | $3.023M | $3.020M |
YoY Change | 39.4% | 30.7% | 30.74% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $100.0K | $510.0K | $510.0K |
YoY Change | -80.39% | -54.87% | -54.87% |
Other Long-Term Liabilities | $380.0K | $58.00K | $60.00K |
YoY Change | 533.33% | ||
Total Long-Term Liabilities | $480.0K | $58.00K | $570.0K |
YoY Change | -15.79% | -49.56% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.210M | $3.023M | $3.020M |
Total Long-Term Liabilities | $480.0K | $58.00K | $570.0K |
Total Liabilities | $1.460M | $3.589M | $1.040M |
YoY Change | 40.38% | 4.15% | -25.71% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$190.5M | ||
YoY Change | 2.86% | ||
Common Stock | $9.000K | ||
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $15.11M | $6.393M | $6.390M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $16.57M | $7.436M | $7.440M |
YoY Change | 122.72% | -43.85% | -43.81% |
Cashflow Statement
Concept | 2020 | 2019 Q4 | 2019 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.282M | -$2.589M | -$5.298M |
YoY Change | 18.57% | 182.95% | 73.14% |
Depreciation, Depletion And Amortization | $767.0K | $210.0K | $855.0K |
YoY Change | -10.29% | -4.55% | -15.18% |
Cash From Operating Activities | -$5.752M | -$650.0K | -$3.517M |
YoY Change | 63.55% | 12.07% | 23.02% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $60.00K | $0.00 | $89.00K |
YoY Change | -32.58% | -100.0% | -62.29% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | |||
Cash From Investing Activities | -$58.00K | $0.00 | -$89.00K |
YoY Change | -34.83% | -100.0% | -61.64% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | $36.00K | |
YoY Change | -100.0% | -99.22% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $13.61M | -100.0K | -$499.0K |
YoY Change | -2827.66% | -102.23% | -112.26% |
NET CHANGE | |||
Cash From Operating Activities | -$5.752M | -650.0K | -$3.517M |
Cash From Investing Activities | -$58.00K | 0.000 | -$89.00K |
Cash From Financing Activities | $13.61M | -100.0K | -$499.0K |
Net Change In Cash | $8.116M | -750.0K | -$4.198M |
YoY Change | -293.33% | -119.48% | -529.24% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$5.752M | -$650.0K | -$3.517M |
Capital Expenditures | $60.00K | $0.00 | $89.00K |
Free Cash Flow | -$5.812M | -$650.0K | -$3.606M |
YoY Change | 61.18% | 25.0% | 16.51% |
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|
-183000 | usd |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-6047000 | usd |
CY2019 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-5985000 | usd |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-677000 | usd |
CY2019 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-504000 | usd |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5370000 | usd |
CY2019 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5481000 | usd |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9796000 | usd |
CY2019 | neond |
Common Stock Issued Upon Excersise Of Common Stock Warrants
CommonStockIssuedUponExcersiseOfCommonStockWarrants
|
36000 | usd |
CY2019 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
usd | |
CY2019 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-183000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
13530000 | usd |
CY2020 | neond |
Stock Issued During Periiod Value Series Preferred Stock Issued For Repayment Of Shortterm Borrowings And Accrued Interest
StockIssuedDuringPeriiodValueSeriesPreferredStockIssuedForRepaymentOfShorttermBorrowingsAndAccruedInterest
|
516000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
usd | |
CY2020 | neond |
Stock Issue During Period Value Preferred Dividends
StockIssueDuringPeriodValuePreferredDividends
|
-33000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
77000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
235000 | usd |
CY2019 | neond |
Writeoff Of Prepaids
WriteoffOfPrepaids
|
414000 | usd |
CY2020 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
767000 | usd |
CY2019 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
855000 | usd |
CY2020 | neond |
Amortization Of Operating Lease Rightofuse Assets
AmortizationOfOperatingLeaseRightofuseAssets
|
-405000 | usd |
CY2019 | neond |
Amortization Of Operating Lease Rightofuse Assets
AmortizationOfOperatingLeaseRightofuseAssets
|
-404000 | usd |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
77000 | usd |
CY2019 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | |
CY2020 | neond |
Bad Debt Expense
BadDebtExpense
|
usd | |
CY2019 | neond |
Bad Debt Expense
BadDebtExpense
|
105000 | usd |
CY2020 | neond |
Writeoff Of Prepaids
WriteoffOfPrepaids
|
usd | |
CY2019 | neond |
Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
|
454000 | usd |
CY2020 | neond |
Increase Decrease In Deferred Revenues
IncreaseDecreaseInDeferredRevenues
|
64000 | usd |
CY2019 | neond |
Increase Decrease In Deferred Revenues
IncreaseDecreaseInDeferredRevenues
|
-429000 | usd |
CY2020 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-380000 | usd |
CY2019 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-12000 | usd |
CY2020 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-5000 | usd |
CY2019 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
usd | |
CY2020 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
394000 | usd |
CY2019 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-397000 | usd |
CY2020 | neond |
Increase Decrease In Projects In Process
IncreaseDecreaseInProjectsInProcess
|
-8000 | usd |
CY2019 | neond |
Increase Decrease In Projects In Process
IncreaseDecreaseInProjectsInProcess
|
8000 | usd |
CY2020 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
91000 | usd |
CY2019 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-124000 | usd |
CY2020 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
375000 | usd |
CY2019 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
19000 | usd |
CY2020 | neond |
Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
|
444000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5752000 | usd |
CY2019 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3517000 | usd |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
60000 | usd |
CY2019 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
89000 | usd |
CY2020 | neond |
Investment In Joint Venture
InvestmentInJointVenture
|
2000 | usd |
CY2019 | neond |
Investment In Joint Venture
InvestmentInJointVenture
|
usd | |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-58000 | usd |
CY2019 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-89000 | usd |
CY2020 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | |
CY2019 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
36000 | usd |
CY2020 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
13530000 | usd |
CY2019 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
usd | |
CY2020 | neond |
Preferred Dividends
PreferredDividends
|
33000 | usd |
CY2019 | neond |
Preferred Dividends
PreferredDividends
|
usd | |
CY2020 | neond |
Proceeds From Shortterm Borrowings
ProceedsFromShorttermBorrowings
|
966000 | usd |
CY2019 | neond |
Proceeds From Shortterm Borrowings
ProceedsFromShorttermBorrowings
|
usd | |
CY2020 | neond |
Proceeds From Short Term Borrowings
ProceedsFromShortTermBorrowings
|
542000 | usd |
CY2019 | neond |
Proceeds From Short Term Borrowings
ProceedsFromShortTermBorrowings
|
usd | |
CY2020 | neond |
Payments On Short Term Borrowings
PaymentsOnShortTermBorrowings
|
516000 | usd |
CY2019 | neond |
Payments On Short Term Borrowings
PaymentsOnShortTermBorrowings
|
usd | |
CY2020 | neond |
Payments On Short Term Tax Credits
PaymentsOnShortTermTaxCredits
|
557000 | usd |
CY2019 | neond |
Payments On Short Term Tax Credits
PaymentsOnShortTermTaxCredits
|
usd | |
CY2020 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
321000 | usd |
CY2019 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
535000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
13611000 | usd |
CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-499000 | usd |
CY2020 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
315000 | usd |
CY2019 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-93000 | usd |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
8116000 | usd |
CY2019 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-4198000 | usd |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6555000 | usd |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
27000 | usd |
CY2019 | us-gaap |
Interest Paid Net
InterestPaidNet
|
34000 | usd |
CY2020 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
59000 | usd |
CY2019 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
38000 | usd |
CY2020 | neond |
Shortterm Borrowings Settled For Preferred Stock
ShorttermBorrowingsSettledForPreferredStock
|
516000 | usd |
CY2019 | neond |
Shortterm Borrowings Settled For Preferred Stock
ShorttermBorrowingsSettledForPreferredStock
|
usd | |
CY2020 | neond |
Rightofuse Asset Obtained In Exchange For Lease Obligation
RightofuseAssetObtainedInExchangeForLeaseObligation
|
864000 | usd |
CY2019 | neond |
Rightofuse Asset Obtained In Exchange For Lease Obligation
RightofuseAssetObtainedInExchangeForLeaseObligation
|
usd | |
CY2020 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>1.</b></font></td> <td><font style="font: 10pt Times New Roman, Times, Serif"><b>Nature of the Business and Operations</b></font></td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><b>Background and Organization</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Neonode Inc. (“we”, “us”, “our”, or the “Company”) was incorporated in the State of Delaware in 1997 as the parent of Neonode AB, a company founded in February 2004 and incorporated in Sweden. We have the following wholly owned subsidiaries: Neonode Technologies AB (Sweden) (established in 2008 to develop and license touchscreen technology); Neonode Japan Inc. (Japan) (established in 2013); Neonode Korea Ltd. (South Korea) (established in 2014); and Neonode Taiwan Ltd. (Taiwan) (established in 2015). In 2015, we established Pronode Technologies AB, a majority-owned subsidiary of Neonode Technologies AB. In 2016, we entered into a joint venture, named Neoeye AB, between SMART EYE AB and our subsidiary Neonode Technologies AB (sold November 4, 2020).</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.25in"><b><i>Operations</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Neonode Inc., collectively with its subsidiaries is referred to as “Neonode”, develops optical touch and gesture control solutions for human interaction with devices (“HMI”) and remote sensing solutions for driver monitoring and cabin monitoring features in automotive and other applications.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Neonode’s main business model is to license the technology to Original Equipment Manufacturers (“OEMs”) and Tier 1 system suppliers who embed the technology into systems and products they develop, manufacture and sell.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">In addition, Neonode designs and manufactures sensor modules that incorporate our zForce AIR technology and sells the embedded sensors to OEMs, Original Design Manufacturers (“ODMs”) and Tier 1 suppliers for use in their systems and products. Neonode began shipping sensor modules in October 2017.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Neonode also manufactures and sells through distributors, a Neonode branded AirBar product that incorporates one of the sensor modules.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.25in"><b><i>Liquidity</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We incurred net losses of approximately $5.6 million and $5.3 million for the years ended December 31, 2020 and 2019, respectively, and had an accumulated deficit of approximately $196.2 million as of December 31, 2020. In addition, we used cash in operating activities of approximately $5.8 million and $3.5 million for the years ended December 31, 2020 and 2019, respectively.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On June 17, 2020, we entered into short-term loan facilities (the “Loan Agreements”) with two entities beneficially owned respectively by each of Ulf Rosberg and Peter Lindell, Directors of Neonode. Pursuant to the Loan Agreements, each Director made 16,145,000 SEK (Swedish Krona), which is approximately $1.7 million in U.S. dollars, principal amount available to the Company. The Company made an initial drawdown of an aggregate of approximately $1.0 million under the Loan Agreements. See Note 6 to our consolidated financial statements for additional details on the Loan Agreements.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On August 7, 2020, we closed a private placement (the “August 2020 Private Placement”) with certain institutional and accredited investors. We issued a total of 1,611,845 shares of common stock at a price of $6.50 per share, and a total of 365 shares of Series C-1 Preferred Stock and 3,050 shares of Series C-2 Preferred Stock, each with a conversion price of $6.50 per share and a stated value of $1,000 per share, for approximately $13.9 million in gross proceeds. The net proceeds from the private placement are being used for working capital purposes.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Ulf Rosberg and Peter Lindell, directors of Neonode, and Urban Forssell, our Chief Executive Officer, purchased an aggregate of $3.05 million of the Series C-2 Preferred Stock in the August 2020 Private Placement.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We issued 517 shares of Series C-2 Preferred Stock to UMR Invest AB, an entity beneficially owned by Ulf Rosberg, in satisfaction of the outstanding indebtedness and accrued interest under the Loan Agreement with UMR Invest AB. Cidro Förvaltning AB, an entity associated with Mr. Lindell purchased 517 shares of Series C-2 Preferred Stock. Following the closing, we used the proceeds from the sale of Series C-2 Preferred Stock to Cidro Förvaltning AB to satisfy the outstanding indebtedness and accrued interest under the Loan Agreement with Cidro Holding AB. As a result of the repayments to each of UMR Invest AB and Cidro Holding AB, the Loan Agreements terminated in accordance with their terms. </p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the terms and the provisions of the Securities Purchase Agreement, all 365 shares of Series C-1 Preferred Stock and 4,084 shares of Series C-2 Preferred Stock (together, the “Series C Preferred Shares”) were converted into 684,378 shares of Neonode common stock on September 24 and 29, 2020, respectively.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Prior to their conversion, the holders of the Series C Preferred Shares were entitled to receive dividends at the rate per share of 5% per annum, totaling $33,000. As of December 31, 2020, all of the preferred dividends have been paid.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the investors in the August 2020 Private Placement, pursuant to which we filed a registration statement with the Securities and Exchange Commission (the “SEC”) relating to the offer and sale by the holders of the shares of common stock sold in the private placement, and the shares of common stock issuable upon conversion of the Series C Preferred Shares. The registration statement was declared effective by the SEC on September 18, 2020. Failure to maintain the effectiveness of the registration statement will subject us to payment for liquidated damages.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In connection with the August 2020 Private Placement, we incurred total offering costs of $879,000, which were netted with the gross proceeds. </p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The consolidated financial statements included herein have been prepared on a going concern basis, which contemplates continuity of operations and the realization of assets and the repayment of liabilities in the ordinary course of business. Management evaluated the significance of the Company’s operating loss and determined that the Company’s cash position after the Private Placement, current operating plan and sources of potential capital would be sufficient to alleviate concerns about the Company’s ability to continue as a going concern.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We expect our revenues from our three business areas will enable us to reduce our operating losses in coming years. In addition, we intend to continue to implement various measures to improve our operational efficiencies. No assurances can be given that management will be successful in meeting its revenue targets and reducing its operating loss.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">In the future, we may require sources of capital in addition to cash on hand to continue operations and to implement our strategy. If our operations do not become cash flow positive, we may be forced to seek equity investments or debt arrangements. No assurances can be given that we will be successful in obtaining such additional financing on reasonable terms, or at all. If adequate funds are not available on acceptable terms, or at all, we may be unable to adequately fund our business plans and it could have a negative effect on our business, results of operations and financial condition. In addition, if funds are available, the issuance of equity securities or securities convertible into equity could dilute the value of shares of our common stock and cause the market price to fall, and the issuance of debt securities could impose restrictive covenants that could impair our ability to engage in certain business transactions.</p><br/> | |
CY2020 | neond |
Net Losses
NetLosses
|
-5600000 | usd |
CY2019 | neond |
Net Losses
NetLosses
|
-5300000 | usd |
CY2019Q4 | us-gaap |
Retained Earnings Appropriated
RetainedEarningsAppropriated
|
-196200000 | usd |
CY2020 | neond |
Net Cash Provided By Used In Operating Activity
NetCashProvidedByUsedInOperatingActivity
|
-5800000 | usd |
CY2019 | neond |
Net Cash Provided By Used In Operating Activity
NetCashProvidedByUsedInOperatingActivity
|
-3500000 | usd |
CY2020Q2 | srt |
Bank Loans
BankLoans
|
16145000000 | sek |
CY2020Q2 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
1700000 | usd |
CY2020Q2 | neond |
Approximately Aggregate
ApproximatelyAggregate
|
1000000 | usd |
CY2020Q3 | us-gaap |
Conversion Of Stock Description
ConversionOfStockDescription
|
We entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the investors in the August 2020 Private Placement, pursuant to which we filed a registration statement with the Securities and Exchange Commission (the “SEC”) relating to the offer and sale by the holders of the shares of common stock sold in the private placement, and the shares of common stock issuable upon conversion of the Series C Preferred Shares. | |
CY2020 | us-gaap |
Minority Interest Description
MinorityInterestDescription
|
Neonode consolidates entities in which it has a controlling financial interest. We consolidate subsidiaries in which we hold, directly or indirectly, more than 50% of the voting rights. | |
CY2020 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.25in"><b><i>Estimates</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">The preparation of financial statements in conformity with U.S. GAAP requires making estimates and judgments that affect, at the date of the financial statements, the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities and the reported amounts of revenue and expenses. Actual results could differ from these estimates and judgments.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Significant estimates and judgments include, but are not limited to: for revenue recognition, determining the nature and timing of satisfaction of performance obligations, the standalone selling price of performance obligations, and transaction prices and assessing transfer of control; measuring variable consideration and other obligations such as product returns and refunds, and product warranties; provisions for uncollectible receivables; determining the net realizable value of inventory; recoverability of capitalized project costs and long-lived assets; for leases, determining whether a contract contains a lease, allocating consideration between lease and non-lease components, determining incremental borrowing rates, and identifying reassessment events, such as modifications; the valuation allowance related to our deferred tax assets; and the fair value of options issued for stock-based compensation.</p> | |
CY2020 | neond |
Insurance Coverage Description
InsuranceCoverageDescription
|
For deposits held with financial institutions in the U.S., the U.S. Federal Deposit Insurance Corporation, provides basic deposit coverage with limits up to $250,000 per owner. The Swedish government provides insurance coverage up to 100,000 Euro per customer and covers deposits in all types of accounts. The Japanese government provides insurance coverage up to 10,000,000 Yen per customer. The Korea Deposit Insurance Corporation provides insurance coverage up to 50,000,000 Won per customer. The Central Deposit Insurance Corporation in Taiwan provides insurance coverage up to 3,000,000 Taiwan Dollar per customer. At times, deposits held with financial institutions may exceed the amount of insurance provided. | |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
79000000 | usd |
CY2019Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
85000000 | usd |
CY2020 | neond |
Projects In Process
ProjectsInProcess
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><b><i>Projects in Process </i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Projects in process consist of costs incurred toward the completion of various projects for certain customers. These costs are primarily comprised of direct engineering labor costs and project-specific equipment costs. These costs are capitalized on our consolidated balance sheet as an asset and deferred until revenue for each project is recognized in accordance with our revenue recognition policy. There were no costs capitalized in projects in process as of December 31, 2020. Costs capitalized in projects in process were $8,000 as of December 31, 2019.</p> | |
CY2019 | us-gaap |
Environmental Costs Recognized Capitalized In Period
EnvironmentalCostsRecognizedCapitalizedInPeriod
|
8000 | usd |
CY2020Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
3000000 | usd |
CY2020Q4 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.50 | pure |
CY2020 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.25in"><b><i>Concentration of Credit and Business Risks</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our customers are located in the United States, Europe and Asia.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As of December 31, 2020, four customers represented approximately 62% of our consolidated accounts receivable and unbilled revenues.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">As of December 31, 2019, three customers represented approximately 72% of our consolidated accounts receivable and unbilled revenues.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Customers who accounted for 10% or more of our net revenues during the year ended December 31, 2020 are as follows.</p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">Hewlett-Packard Company – 27%</font></td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top"> <td> </td> <td><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">Epson – 19%</font></td></tr> <tr style="vertical-align: top"> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: top"> <td> </td> <td><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">Alpine – 11%</font></td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Customers who accounted for 10% or more of our net revenues during the year ended December 31, 2019 are as follows.</p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="text-align: left; width: 48px"> </td> <td style="text-align: left; width: 24px"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Hewlett-Packard Company – 38%</font></td></tr> <tr style="vertical-align: top"> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: top"> <td style="text-align: left"> </td> <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Epson – 16%</font></td></tr> <tr style="vertical-align: top"> <td style="text-align: left"> </td> <td style="text-align: left"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: top"> <td style="text-align: left"> </td> <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Alpine – 15%</font></td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Company conducts business in the United States, Europe and Asia. At December 31, 2020, the Company maintained approximately $6,923,000, $4,903,000 and $64,000 of its net assets in the United States, Europe and Asia, respectively. At December 31, 2019, the Company maintained approximately $2,637,000, $1,148,000 and $62,000 of its net assets in the United States, Europe and Asia, respectively.</p> | |
CY2020 | neond |
Revenue Recognition Deferred Revenues
RevenueRecognitionDeferredRevenues
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><b><i>Deferred Revenues</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Deferred revenues consist primarily of prepayments for license fees, and other products or services for which we have been paid in advance, and earn the revenue when we transfer control of the product or service. Deferred revenues may also include upfront payments for consulting services to be performed in the future, such as non-recurring engineering services.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">We defer license fees until we have met all accounting requirements for revenue recognition, which is when a license is made available to a customer and that customer has a right to use the license. Engineering development fee revenues are deferred until engineering services have been completed and accepted by our customers.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">The following table presents our deferred revenues by source (in thousands):</p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap"> </td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; white-space: nowrap; text-align: center">As of <br/>December 31,</td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap"> </td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; white-space: nowrap; text-align: center">2020</td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; white-space: nowrap; text-align: center">2019</td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Deferred license revenues</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">28</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">28</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Deferred NRE revenues</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">22</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">20</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Deferred AirBar revenues</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt">Deferred sensor modules revenues</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">78</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">13</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">138</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">67</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Contracted revenue not yet recognized was $138,000 as of December 31, 2020; we expect to recognize 100% of that revenue over the next twelve months. The Company recognized revenues of approximately $39,000 and $75,000, for 2020 and 2019, respectively, related to contract liabilities outstanding at the beginning of the year.</p> | |
CY2020 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1.00 | pure |
CY2020Q4 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.50 | pure |
CY2019 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1.00 | pure |
CY2020Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
255000 | usd |
CY2019Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
223000 | usd |
CY2020Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
11000 | usd |
CY2020Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
550000 | usd |
CY2019Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
396000 | usd |
CY2020Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
21000 | usd |
CY2019Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
186000 | usd |
CY2020Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
702000 | usd |
CY2019Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
448000 | usd |
CY2020 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
5984000 | usd |
CY2019 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
6646000 | usd |
CY2019Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
4000 | usd |
CY2020Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
433000 | usd |
CY2019Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
211000 | usd |
CY2020Q4 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
216000 | usd |
CY2020Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
138000 | usd |
CY2019Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
67000 | usd |
CY2019Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
24000 | usd |
CY2018Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
17000 | usd |
CY2020 | neond |
Provisions For Warranty Issued
ProvisionsForWarrantyIssued
|
1000 | usd |
CY2019 | neond |
Provisions For Warranty Issued
ProvisionsForWarrantyIssued
|
7000 | usd |
CY2020Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
25000 | usd |
CY2019Q4 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
usd | |
CY2020Q4 | neond |
Advances To Suppliers
AdvancesToSuppliers
|
43000 | usd |
CY2019Q4 | neond |
Advances To Suppliers
AdvancesToSuppliers
|
51000 | usd |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
203000 | usd |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
226000 | usd |
CY2020 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
800000 | usd |
CY2019 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
900000 | usd |
CY2020Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
3806000 | usd |
CY2019Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
3348000 | usd |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4394000 | usd |
CY2019Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3171000 | usd |
CY2020Q4 | neond |
Accrued Returns And Warranty
AccruedReturnsAndWarranty
|
25000 | usd |
CY2019Q4 | neond |
Accrued Returns And Warranty
AccruedReturnsAndWarranty
|
24000 | usd |
CY2020Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
520000 | usd |
CY2019Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
517000 | usd |
CY2019 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.10 | |
CY2019 | neond |
Weighted Average Remaining Contractual Life Exercised
WeightedAverageRemainingContractualLifeExercised
|
||
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
756368 | shares |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
14.98 | |
CY2019 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P1Y171D | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | |
CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
CY2020 | neond |
Weighted Average Remaining Contractual Life Issued
WeightedAverageRemainingContractualLifeIssued
|
||
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
325000 | shares |
CY2020 | neond |
Total Amount Of Credit
TotalAmountOfCredit
|
563000000 | usd |
CY2020 | us-gaap |
Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
|
There was a 1.25% annual non-deductible interest and a credit fee of 0.2% from the seventh month of the granted credit. | |
CY2020 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
2000000 | usd |
CY2020Q3 | us-gaap |
Shares Issued
SharesIssued
|
517 | shares |
CY2020Q3 | neond |
Description Of Shares Of Common Stock
DescriptionOfSharesOfCommonStock
|
Annual Meeting of our Company held on September 29, 2020, stockholders approved a proposal to increase the number of authorized shares of our common stock to 25,000,000 shares. Accordingly, on November 5, 2020, we filed an amendment to the Neonode Inc. Restated Certificate of Incorporation, as amended (our “Certificate of Incorporation”), with the Secretary of State of the State of Delaware to increase the number of authorized shares of our common stock to 25,000,000 shares. | |
CY2020Q4 | us-gaap |
Shares Issued
SharesIssued
|
37288 | shares |
CY2020Q4 | neond |
Common Stock Issued Upon Exercise Of Common Stock Warrants Shares
CommonStockIssuedUponExerciseOfCommonStockWarrantsShares
|
2020 | shares |
CY2020 | neond |
Number Of Warrants Exercised
NumberOfWarrantsExercised
|
325000 | shares |
CY2019 | neond |
Number Of Warrants Exercised
NumberOfWarrantsExercised
|
360000 | shares |
CY2019 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
36000 | usd |
CY2020Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.05 | pure |
CY2020Q4 | us-gaap |
Dividends Receivable
DividendsReceivable
|
33000 | usd |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1116368 | shares |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
10.18 | |
CY2019 | neond |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm
|
P2Y248D | |
CY2019 | neond |
Warrants Exercised
WarrantsExercised
|
360000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
20.00 | |
CY2020 | neond |
Weighted Average Remaining Contractual Life Expiredforfeited
WeightedAverageRemainingContractualLifeExpiredforfeited
|
||
CY2020 | neond |
Warrants Exercised
WarrantsExercised
|
shares | |
CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2020 | neond |
Weighted Average Remaining Contractual Life Exercised
WeightedAverageRemainingContractualLifeExercised
|
||
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
431368 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
11.20 | |
CY2020 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P1Y47D | |
CY2020Q4 | neond |
Market Value Percentage
MarketValuePercentage
|
0.30 | pure |
CY2020Q4 | us-gaap |
Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
|
75000000 | usd |
CY2020Q4 | neond |
Stock Related Cost Percentage
StockRelatedCostPercentage
|
0.30 | pure |
CY2020Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
77000 | usd |
CY2020 | neond |
Term Of Stock Options Description
TermOfStockOptionsDescription
|
Stock options granted under the 2006 and 2015 Plans are exercisable over a maximum term of ten years from the date of grant, vest in various installments over a one to four-year period and have exercise prices reflecting the market value of the shares of common stock on the date of grant. | |
CY2020 | neond |
Unrecognized Compensation Expense
UnrecognizedCompensationExpense
|
177000000 | usd |
CY2020Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
10500 | shares |
CY2020 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P1Y146D | |
CY2020Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
29.61 | |
CY2018Q4 | neond |
Number Of Shares Options Outstanding And Exercisable Beginning Balance
NumberOfSharesOptionsOutstandingAndExercisableBeginningBalance
|
99800000 | shares |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
34.55 | |
CY2019 | neond |
Weighted Average Remaining Contractual Lifein Years Option Outstanding And Exercisable
WeightedAverageRemainingContractualLifeinYearsOptionOutstandingAndExercisable
|
P1Y149D | |
CY2018Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
usd | |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | |
CY2019 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
CY2019 | neond |
Aggregate Intrinsic Value Options Granted
AggregateIntrinsicValueOptionsGranted
|
usd | |
CY2019 | neond |
Stock Issued During Period Shares Stock Option Exercised
StockIssuedDuringPeriodSharesStockOptionExercised
|
shares | |
CY2019 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Other Share Increase Decrease In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsOtherShareIncreaseDecreaseInPeriodWeightedAverageExercisePrice
|
||
CY2019 | neond |
Aggregate Intrinsic Value Options Exercised
AggregateIntrinsicValueOptionsExercised
|
usd | |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
47300000 | shares |
CY2019 | neond |
Weighted Average Exercise Price Options Cancelled Or Expired
WeightedAverageExercisePriceOptionsCancelledOrExpired
|
42.35 | |
CY2019 | neond |
Options Cancelled Or Expired
OptionsCancelledOrExpired
|
usd | |
CY2019Q4 | neond |
Number Of Shares Options Outstanding And Exercisable Beginning Balance
NumberOfSharesOptionsOutstandingAndExercisableBeginningBalance
|
52500000 | shares |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
27.51 | |
CY2019 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P1Y135D | |
CY2019Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
usd | |
CY2020 | neond |
Aggregate Intrinsic Value Options Granted
AggregateIntrinsicValueOptionsGranted
|
usd | |
CY2020 | neond |
Stock Issued During Period Shares Stock Option Exercised
StockIssuedDuringPeriodSharesStockOptionExercised
|
shares | |
CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Other Share Increase Decrease In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsOtherShareIncreaseDecreaseInPeriodWeightedAverageExercisePrice
|
||
CY2020 | neond |
Aggregate Intrinsic Value Options Exercised
AggregateIntrinsicValueOptionsExercised
|
usd | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
42000000 | shares |
CY2020 | neond |
Weighted Average Exercise Price Options Cancelled Or Expired
WeightedAverageExercisePriceOptionsCancelledOrExpired
|
26.99 | |
CY2020 | neond |
Options Cancelled Or Expired
OptionsCancelledOrExpired
|
usd | |
CY2020Q4 | neond |
Number Of Shares Options Outstanding And Exercisable Beginning Balance
NumberOfSharesOptionsOutstandingAndExercisableBeginningBalance
|
10500000 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
29.61 | |
CY2020Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
usd | |
CY2020 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
864000 | usd |
CY2019 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
usd | |
CY2020 | neond |
Stockbased Compensation Expense
StockbasedCompensationExpense
|
77000 | usd |
CY2019 | neond |
Stockbased Compensation Expense
StockbasedCompensationExpense
|
usd | |
CY2020Q4 | us-gaap |
Airline Related Inventory Net
AirlineRelatedInventoryNet
|
100000 | usd |
CY2020Q2 | neond |
Number Of Patents
NumberOfPatents
|
2 | pure |
CY2013Q2 | neond |
Nonrecurring Engineering Costs Description
NonrecurringEngineeringCostsDescription
|
Under the terms of the NN1002 Agreement, we agreed to pay TI $500,000 of non-recurring engineering costs at the rate of $0.25 per ASIC for each of the first 2 million ASICs sold. | |
CY2020 | us-gaap |
Lessor Operating Lease Description
LessorOperatingLeaseDescription
|
One of our primary operating leases includes options to extend the lease for one to three years and the other primary lease includes an option to annually prolong; those operating leases also include options to terminate the leases within one year. | |
CY2020 | us-gaap |
Lessor Operating Lease Option To Extend
LessorOperatingLeaseOptionToExtend
|
Our Stockholm corporate office lease has a remaining lease term of two years and both of our leases are automatically renewed at a cost increase of 2% on an annual basis, unless we provide written notice nine months prior to the respective expiration dates. | |
CY2020 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
145000 | usd |
CY2019 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
122000000 | usd |
CY2020Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
572000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
588000 | usd | |
CY2020Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
636000 | usd |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
623000 | usd | |
CY2020Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
11000 | usd |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
34000 | usd | |
CY2020Q3 | neond |
Finance Lease Cost
FinanceLeaseCost
|
647000 | usd |
neond |
Finance Lease Cost
FinanceLeaseCost
|
657000 | usd | |
CY2020 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
405000 | usd |
CY2019 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
404000 | usd |
CY2020 | neond |
Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
|
-11000 | usd |
CY2019 | neond |
Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
|
-34000 | usd |
CY2020 | neond |
Financing Cash Flow From Finance Leases
FinancingCashFlowFromFinanceLeases
|
-321000 | usd |
CY2019 | neond |
Financing Cash Flow From Finance Leases
FinancingCashFlowFromFinanceLeases
|
-535000 | usd |
CY2020Q4 | neond |
Operating Lease Liabilities
OperatingLeaseLiabilities
|
881000 | usd |
CY2019Q4 | neond |
Operating Lease Liabilities
OperatingLeaseLiabilities
|
390000 | usd |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3806000 | usd |
CY2019Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3348000 | usd |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
|
2941000 | usd |
CY2019Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
|
1956000 | usd |
CY2020Q4 | neond |
Finance Lease Property And Equipment Net
FinanceLeasePropertyAndEquipmentNet
|
865000 | usd |
CY2020Q4 | neond |
Operating Lease Obligations Current
OperatingLeaseObligationsCurrent
|
504000 | usd |
CY2019Q4 | neond |
Operating Lease Obligations Current
OperatingLeaseObligationsCurrent
|
332000 | usd |
CY2020Q4 | neond |
Operating Lease Liabilities Noncurrent Net
OperatingLeaseLiabilitiesNoncurrentNet
|
377000 | usd |
CY2019Q4 | neond |
Operating Lease Liabilities Noncurrent Net
OperatingLeaseLiabilitiesNoncurrentNet
|
58000 | usd |
CY2019Q4 | neond |
Finance Lease Property And Equipment Net
FinanceLeasePropertyAndEquipmentNet
|
1392000 | usd |
CY2020Q4 | neond |
Finance Lease Obligations Current
FinanceLeaseObligationsCurrent
|
769000 | usd |
CY2019Q4 | neond |
Finance Lease Obligations Current
FinanceLeaseObligationsCurrent
|
568000 | usd |
CY2020Q4 | neond |
Finance Lease Liabilities Non Current
FinanceLeaseLiabilitiesNonCurrent
|
95000 | usd |
CY2019Q4 | neond |
Finance Lease Liabilities Non Current
FinanceLeaseLiabilitiesNonCurrent
|
508000 | usd |
CY2020Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
864000 | usd |
CY2019Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1076000 | usd |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y219D | |
CY2020Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P292D | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.05 | pure |
CY2020Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.02 | pure |
CY2020Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
536000 | usd |
CY2020Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
386000 | usd |
CY2020Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
922000 | usd |
CY2020Q4 | us-gaap |
Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
|
41000 | usd |
CY2020Q4 | neond |
Total Lease Liabilities
TotalLeaseLiabilities
|
881000 | usd |
CY2020Q4 | neond |
Less Current Portion
LessCurrentPortion
|
-504000 | usd |
CY2020Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
377000 | usd |
CY2020 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | pure |
CY2020 | neond |
Revenue Percentage Net
RevenuePercentageNet
|
1.00 | pure |
CY2019 | neond |
Revenue Percentage Net
RevenuePercentageNet
|
1.00 | pure |
CY2020 | neond |
Description Of Expire Date
DescriptionOfExpireDate
|
The federal loss carryforward begins to expire in 2028, and the California loss carryforward begins to expire in 2030. | |
CY2020 | neond |
Open Tax Years
OpenTaxYears
|
The 2009 through 2019 tax years are open and may be subject to potential examination in one or more jurisdictions. | |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-4885000 | usd |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-4200000 | usd |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-1338000 | usd |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-1564000 | usd |
CY2020 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-6223000 | usd |
CY2019 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-5764000 | usd |
CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | |
CY2019 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | |
CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2000 | usd |
CY2019Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
16293000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
18874000 | usd |
CY2019Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
16500000 | usd |
CY2019 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2000 | usd |
CY2020 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
57000 | usd |
CY2019 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
36000 | usd |
CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-948000 | usd |
CY2019 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-447000 | usd |
CY2020 | neond |
Change In Deferred Tax Assets Valuation Allowance Federal
ChangeInDeferredTaxAssetsValuationAllowanceFederal
|
-948000 | usd |
CY2019 | neond |
Change In Deferred Tax Assets Valuation Allowance Federal
ChangeInDeferredTaxAssetsValuationAllowanceFederal
|
-447000 | usd |
CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-1000 | usd |
CY2019 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
20000 | usd |
CY2020 | neond |
Change In Deferred Tax Assets Valuation Allowance State And Local
ChangeInDeferredTaxAssetsValuationAllowanceStateAndLocal
|
-1000 | usd |
CY2019 | neond |
Change In Deferred Tax Assets Valuation Allowance State And Local
ChangeInDeferredTaxAssetsValuationAllowanceStateAndLocal
|
20000 | usd |
CY2020 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-1425000 | usd |
CY2019 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-453000 | usd |
CY2020 | neond |
Change In Deferred Tax Assets Valuation Allowance Foreign
ChangeInDeferredTaxAssetsValuationAllowanceForeign
|
-1425000 | usd |
CY2019 | neond |
Change In Deferred Tax Assets Valuation Allowance Foreign
ChangeInDeferredTaxAssetsValuationAllowanceForeign
|
-453000 | usd |
CY2020 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
59000 | usd |
CY2019 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
38000 | usd |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2019 | neond |
Effective Income Tax Rate Reconciliation Foreign Losses At Different Rates
EffectiveIncomeTaxRateReconciliationForeignLossesAtDifferentRates
|
-0.02 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.02 | pure |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.08 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
pure | |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
|
-0.01 | pure |
CY2020 | neond |
Effective Income Tax Rate Reconciliation Before Valuation Allowance
EffectiveIncomeTaxRateReconciliationBeforeValuationAllowance
|
0.19 | pure |
CY2019 | neond |
Effective Income Tax Rate Reconciliation Before Valuation Allowance
EffectiveIncomeTaxRateReconciliationBeforeValuationAllowance
|
0.10 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.20 | pure |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.11 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.01 | pure |
CY2019 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.01 | pure |
CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
48000 | usd |
CY2019Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
48000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
38000 | usd |
CY2019Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
159000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
18788000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
18874000 | usd |
CY2019Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
16500000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2019Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9989000 | shares |
CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8844000 | shares |
CY2020 | neond |
Net Loss Attributable To Neonode Inc
NetLossAttributableToNeonodeInc
|
-5638000 | usd |
CY2019 | neond |
Net Loss Attributable To Neonode Inc
NetLossAttributableToNeonodeInc
|
-5298000 | usd |