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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 2,357 $ 6,555
Accounts receivable and unbilled revenues, net 1,324 1,830
Projects in process 8
Inventory 1,030 1,219
Prepaid expenses and other current assets 715 890
Total current assets 5,434 10,494
Investment in joint venture 3 3
Property and equipment, net 1,583 2,484
Operating lease right-of-use assets 416
Other assets 261
Total assets 7,436 13,242
Current liabilities:    
Accounts payable 555 501
Accrued payroll and employee benefits 960 902
Accrued expenses 541 265
Deferred revenues 67 75
Current portion of finance lease obligations 568 570
Current portion of operating lease obligations 332
Total current liabilities 3,023 2,313
Finance lease obligations, net of current portion 508 1,133
Operating lease obligations, net of current portion 58
Total liabilities 3,589 3,446
Commitments and contingencies
Stockholders' equity    
Series B Preferred stock, 54,425 shares authorized with par value of $0.001; 0 and 82 shares issued and outstanding at December 31, 2019 and 2018, respectively. (In the event of dissolution, each share of Series B Preferred stock has a liquidation preference equal to par value of $0.001 over the shares of common stock)
Common stock, 15,000,000 shares authorized, with par value of $0.001; 9,171,154 and 8,800,313 shares issued and outstanding at December 31, 2019 and 2018, respectively 9 9
Additional paid-in capital 197,543 197,507
Accumulated other comprehensive loss (639) (456)
Accumulated deficit (190,520) (185,222)
Total Neonode Inc. stockholders' equity 6,393 11,838
Noncontrolling interests (2,546) (2,042)
Total stockholders' equity 3,847 9,796
Total liabilities and stockholders' equity $ 7,436 $ 13,242