XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 1,773 $ 2,357
Accounts receivable and unbilled revenue, net 738 1,324
Projects in process 8
Inventory 1,077 1,030
Prepaid expenses and other current assets 562 715
Total current assets 4,150 5,434
Investment in joint venture 3 3
Property and equipment, net 1,208 1,583
Operating lease right-of-use assets 227 416
Total assets 5,588 7,436
Current liabilities:    
Accounts payable 476 555
Accrued payroll and employee benefits 1,104 960
Accrued expenses 320 541
Deferred revenues 101 67
Short term borrowing 967
Short-term tax credits 563
Current portion of finance lease obligations 517 568
Current portion of operating lease obligations 181 332
Total current liabilities 4,229 3,023
Finance lease obligations, net of current portion 393 508
Operating lease obligations, net of current portion 20 58
Total liabilities 4,642 3,589
Commitments and contingencies
Stockholders’ equity:    
Common stock, 15,000,000 shares authorized, with par value of $0.001; 9,171,154 shares issued and outstanding at June 30, 2020 and December 31, 2019 9 9
Additional paid-in capital 197,543 197,543
Accumulated other comprehensive loss (662) (639)
Accumulated deficit (193,142) (190,520)
Total Neonode Inc. stockholders’ equity 3,748 6,393
Noncontrolling interests (2,802) (2,546)
Total stockholders’ equity 946 3,847
Total liabilities and stockholders’ equity $ 5,588 $ 7,436