Net Loss per Share

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Net Loss per Share

9. Net Loss per Share

Basic net loss per common share for the three and nine months ended September 30, 2020 and 2019 was computed by dividing the net loss attributable to common shareholders of Neonode Inc. for the relevant period by the weighted average number of shares of common stock outstanding. Diluted loss per common share is computed by dividing net loss attributable to common shareholders of Neonode Inc. by the weighted average number of shares of common stock and common stock equivalents outstanding.

Potential common stock equivalents of approximately 0 and 0 outstanding stock options and 0 and 0.3 million outstanding stock warrants under the treasury stock method, and 0 and 0 shares issuable upon conversion of preferred stock are excluded from the diluted earnings per share calculation for the three and nine months ended September 30, 2020 and 2019, respectively, due to their anti-dilutive effect.

(in thousands, except per share amounts)	Three months ended September 30,
	2020			2019
BASIC AND DILUTED
Weighted average number of common shares outstanding		10,128			8,811
Net loss attributable to common shareholders of Neonode Inc.	$	(1,671	)	$	(1,086	)
Net loss per share - basic and diluted	$	(0.16	)	$	(0.12	)

(in thousands, except per share amounts)	Nine months ended September 30,
	2020			2019
BASIC AND DILUTED
Weighted average number of common shares outstanding		9,492			8,804
Net loss attributable to common shareholders of Neonode Inc.	$	(4,293	)	$	(2,923	)
Net loss per share - basic and diluted	$	(0.45	)	$	(0.33	)