Neonode Inc.
Neonode Inc. develops software and optical sensing technologies for machine perception, touch, contactless touch, and gesture input. Its core platforms include MultiSensing® for detecting and tracking persons and objects in video streams, and zForce® for optical sensing solutions used in embedded devices and industrial applications. The company operates through subsidiaries and licenses its technology to OEMs, ODMs, and Tier 1 suppliers across global markets.
Tilikausi 2025 · muutos edellisvuodesta
Kehitys 2020–2025
Liiketoiminta
Osuus liikevaihdostaSoftware platforms that detect and track persons and objects in video streams using machine learning.
zForce-based touch, contactless touch, and gesture sensing solutions for embedded products.
Per-unit and other license arrangements with OEMs, ODMs, and Tier 1 suppliers.
Application development, customization, and integration support for customer programs.
Tuotteet
Raportoitu · osuus liikevaihdosta- License Fees88,4 %
- Nonrecurring Engineering11,6 %
Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.
Asiakkaat
Neonode sells primarily to automotive customers, including OEMs and Tier 1 suppliers, and also has a meaningful installed base in printer and office equipment applications. Its technology is embedded into customer products, so demand depends on customer design wins, product launches, and shipment volumes. The company also supports industrial automation, medical, military, and avionics customers through existing zForce deployments.
They license MultiSensing and zForce technologies for embedded sensing and perception functions in vehicle programs.
They use zForce-based touch and contactless sensing in printers and related devices.
They embed Neonode technology into consumer and industrial products under license agreements.
They receive ongoing support for existing zForce deployments and related engineering services.
Strategia
Neonode’s strategy centers on monetizing its sensing and machine perception platforms through licensing and engineering support, while expanding the use of MultiSensing into new markets. The company also continues to support existing zForce customers even as that platform is placed into maintenance mode, preserving recurring relationships and installed-base revenue. Its commercial model depends on converting design wins into shipped products and scaling per-unit license fees over time.
Broader end-market adoption reduces dependence on automotive programs and increases licensing opportunities.
Revenue is tied to customer shipments, so converting programs into production is essential.
Existing customers can still generate support and license revenue even without new customer acquisition.
Maantiede
Q1/2026Neonode sells to customers located in the United States, Europe, and Asia, reflecting a globally distributed licensing model. The company also operates through foreign subsidiaries with functional currencies including the Swedish Krona, Japanese Yen, South Korean Won, and Taiwan Dollar, which creates translation and transaction exposure. Its customer and supplier relationships are tied to international product development cycles, especially in automotive and electronics markets.
Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.
Riskit
Neonode is exposed to customer concentration, design-win timing, and shipment volatility because its revenue depends on embedded technology adoption by a limited number of OEM programs. The company also faces financing and going-concern risk typical of development-stage technology licensors, along with foreign exchange exposure from international subsidiaries. In addition, the transition of zForce into maintenance mode may limit future growth in that platform and increase reliance on MultiSensing execution.
License revenue is earned when customers ship products, so delays or cancellations can reduce revenue sharply.
Kohdistuu: Automotive and printer programs
The business has historically required external capital to fund operations and development.
Kohdistuu: Equity issuance or debt arrangements
New customer sales have stopped for zForce, which can shrink the addressable base over time.
Kohdistuu: Legacy zForce installed base
Foreign subsidiaries use local currencies that can move against the U.S. dollar.
Kirjanpito
Harkinnanvaraiset erätPer-unit license revenue is tied to customer shipments and contract terms, which can shift revenue between periods.
Vaikutus: Affects quarterly comparability and reported top-line volatility
Flat-rate or hourly engineering work may be recognized as services are delivered.
Vaikutus: Can cause uneven revenue mix across quarters
Subsidiaries use local functional currencies, creating translation gains or losses.
Vaikutus: Impacts other income and consolidated results
Management’s assessment depends on cash resources and future financing access.
Vaikutus: Important for evaluating continuity and dilution risk
Samankaltaisia listattuja yhtiöitä
Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.
Methode Electronics, Inc
MEI · Electronic Connectors
Methode Electronics designs and manufactures custom mechatronic and electromechanical components for OEMs, combining engineering, manufacturing and sales…
NVE Corporation
NVEC · Semiconductors & Related Devices
NVE Corp is a Minnesota-based semiconductor company that develops and sells spintronic devices, including magnetic sensors, couplers, and MRAM-related technologies.
Zebra Technologies Corporation
ZBRA · General Industrial Machinery & Equipment
AEye, Inc.
LIDR · Motor Vehicle Parts & Accessories
Ouster, Inc.
OUST · General Industrial Machinery & Equipment, NEC
Addnode Group
ANOD-B · Technology
Addnode Group is a technology company that acquires, operates, and develops businesses focused on digitalizing society.
Päivitetty: 24.9.2026