XML 24 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash $ 950 $ 6,129
Accounts receivable, net 489 1,106
Projects in process 1,044 200
Prepaid expenses and other current assets 715 513
Total current assets 3,198 7,948
Property and equipment, net 582 654
Total assets 3,780 8,602
Current liabilities:    
Accounts payable 1,121 566
Accrued expenses 1,510 935
Deferred revenues 1,873 3,403
Current portion of capital lease obligation 57 61
Total current liabilities 4,561 4,965
Capital lease obligation, net of current portion 297 367
Total liabilities $ 4,858 $ 5,332
Commitments and contingencies
Stockholders' (deficit) equity:    
Common stock, 70,000,000 shares authorized with par value $0.001 per share; 40,524,984 and 40,455,352 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 40 $ 40
Additional paid-in capital 169,958 169,010
Accumulated other comprehensive income 82 149
Accumulated deficit (171,161) (165,929)
Total Neonode Inc. stockholder's (deficit) equity (1,081) $ 3,270
Noncontrolling interests 3
Total stockholders' (deficit) equity (1,078) $ 3,270
Total liabilities and stockholders' (deficit) equity $ 3,780 $ 8,602
Series B Preferred Stock    
Stockholders' (deficit) equity:    
Series B Preferred stock, 54,425 shares authorized with par value $0.001 per share; 83 shares issued and outstanding at September 30, 2015 and December 31, 2014. (In the event of dissolution, each share of Series B Preferred stock has a liquidation preference equal to par value of $0.001 per share over the shares of common stock)