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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 12,212 $ 2,357
Accounts receivable and unbilled revenue, net 1,044 1,324
Projects in process 11 8
Inventory 1,128 1,030
Prepaid expenses and other current assets 1,000 715
Total current assets 15,395 5,434
Investment in joint venture 3 3
Property and equipment, net 1,072 1,583
Operating lease right-of-use assets 155 416
Total assets 16,625 7,436
Current liabilities:    
Accounts payable 917 555
Accrued payroll and employee benefits 908 960
Accrued expenses 629 541
Deferred revenues 143 67
Current portion of finance lease obligations 650 568
Current portion of operating lease obligations 118 332
Total current liabilities 3,365 3,023
Finance lease obligations, net of current portion 277 508
Operating lease obligations, net of current portion 58
Total liabilities 3,642 3,589
Commitments and contingencies
Stockholders’ equity:    
Common stock, 25,000,000 shares authorized, with par value of $0.001; 11,467,377 and 9,171,154 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 11 9
Additional paid-in capital 211,587 197,543
Accumulated other comprehensive loss (890) (639)
Accumulated deficit (194,813) (190,520)
Total Neonode Inc. stockholders’ equity 15,895 6,393
Noncontrolling interests (2,912) (2,546)
Total stockholders’ equity 12,983 3,847
Total liabilities and stockholders’ equity $ 16,625 $ 7,436