XML 84 R72.htm IDEA: XBRL DOCUMENT v3.8.0.1
Quarterly Financial Information (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:                      
License fees                 $ 8,684 $ 8,350 $ 7,045
Sensor modules                 814 149
Non-recurring engineering                 743 1,714 4,070
Total revenues                 10,241 10,213 11,115
Cost of revenues:                      
Sensor modules                 1,758 54
Non-recurring engineering                 585 1,284 3,780
Total cost of revenues                 2,343 1,338 3,780
Total gross margin                 7,898 8,875 7,335
Operating expenses:                      
Research and development                 6,078 7,069 6,279
Sales and marketing                 2,772 2,857 3,753
General and administrative                 4,524 4,093 4,999
Total operating expenses                 13,374 14,019 15,031
Operating loss                 (5,476) (5,144) (7,696)
Other expense, net:                      
Interest expense                 (75) (47) (18)
Other expense, net                 (91) (28)
Total other expense, net                 (75) (138) (46)
Loss before provision for income taxes                 (5,551) (5,282) (7,742)
(Benefit from) provision for income taxes                 (56) 367 93
Net loss including noncontrolling interests                 (5,495) (5,649) (7,835)
Less: Net loss attributable to noncontrolling interests                 790 358 15
Net loss attributable to Neonode Inc.                 $ (4,705) $ (5,291) $ (7,820)
Loss per common share:                      
Basic and diluted loss per share                 $ (0.09) $ (0.12) $ (0.19)
Basic and diluted - weighted average number of common shares outstanding                 52,889 45,690 41,202
Quarterly Financial Information [Member]                      
Revenue:                      
License fees $ 2,526 $ 2,072 $ 1,965 $ 2,121 $ 2,233 $ 1,637 $ 2,012 $ 2,468      
Sensor modules 180 211 213 210 149      
Non-recurring engineering 569 22 151 1 486 2 562 664      
Total revenues 3,275 2,305 2,329 2,332 2,868 1,639 2,574 3,132      
Cost of revenues:                      
Sensor modules 1,248 151 258 101 54      
Non-recurring engineering 448 0 133 4 271 33 385 595      
Total cost of revenues 1,696 151 391 105 325 33 385 595      
Total gross margin 1,579 2,154 1,938 2,227 2,543 1,606 2,189 2,537      
Operating expenses:                      
Research and development 1,795 1,668 1,300 1,315 1,335 2,014 1,771 1,949      
Sales and marketing 614 743 713 702 706 666 669 816      
General and administrative 1,159 1,154 1,123 1,088 926 1,067 1,040 1,060      
Total operating expenses 3,568 3,565 3,136 3,105 2,967 3,747 3,480 3,825      
Operating loss (1,989) (1,411) (1,198) (878) (424) (2,141) (1,291) (1,288)      
Other expense, net:                      
Interest expense 16 24 18 17 15 17 12 3      
Other expense, net 0 0 49 1 41      
Total other expense, net 16 24 18 17 15 66 13 44      
Loss before provision for income taxes (2,005) (1,435) (1,216) (895) (439) (2,207) (1,304) (1,332)      
(Benefit from) provision for income taxes 15 (24) (121) 74 133 55 112 67      
Net loss including noncontrolling interests (2,020) (1,411) (1,095) (969) (572) (2,262) (1,416) (1,399)      
Less: Net loss attributable to noncontrolling interests 301 296 97 96 141 100 85 32      
Net loss attributable to Neonode Inc. $ (1,719) $ (1,115) $ (998) $ (873) $ (431) $ (2,162) $ (1,331) $ (1,367)      
Loss per common share:                      
Basic and diluted loss per share $ (0.03) $ (0.02) $ (0.02) $ (0.02) $ (0.01) $ (0.05) $ (0.03) $ (0.03)      
Basic and diluted - weighted average number of common shares outstanding 58,595 55,166 48,845 48,845 48,845 46,252 43,817 43,810