Neonode stock falls 6.11 percent as Q2 loss reaches USD 2.14 million

Published on 09/24/2026 at 12:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Neonode stock fell to USD 0.88 on September 23, 2026, while its second-quarter loss reached USD 2.14 million. Revenue declined 22.3 percent from the first quarter.

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Neonode stock (ISIN US64051M7092) fell 6.11 percent to USD 0.88 on Nasdaq on September 23, 2026. The decline came as the optical sensing company reported second-quarter revenue of USD 477,000 and a net loss of USD 2.14 million for the period ended June 30, 2026.

Second-quarter revenue declines

Stock Titan reported that Neonode revenue from continuing operations fell 20.4 percent year over year in Q2 2026. The USD 477,000 result was also 22.3 percent below the USD 614,000 recorded in Q1 2026, making the sequential comparison the clearest pressure point in the latest figures.

License revenue rose 9.2 percent year over year to USD 0.4 million in Q2 2026, while non-recurring engineering revenue fell 81.5 percent to USD 36,000. The company said MultiSensing license revenue grew more than fivefold year over year, but the increase did not offset the decline in engineering revenue.

Loss widens the financial gap

Neonode posted a Q2 operating loss of USD 2.32 million, compared with an operating loss of USD 2.07 million in Q1 2026. The net loss increased to USD 2.14 million from USD 1.86 million, while diluted loss per share reached USD 0.13 versus USD 0.11 in the preceding quarter.

The balance sheet provides a second part of the picture. Cash and cash equivalents stood at USD 21.32 million on June 30, 2026, down USD 1.91 million from USD 23.23 million at March 31, 2026. Operating cash flow was negative USD 1.90 million in Q2, compared with negative USD 2.11 million in Q1.

Stock remains below USD 1

Stock Titan also reported that Nasdaq notified Neonode on August 6, 2026, that the stock had closed below the USD 1.00 minimum bid requirement for 30 consecutive business days. The USD 0.88 quote on September 23, 2026, was 78.4 percent below the 52-week high of USD 4.08 and 22.2 percent above the 52-week low of USD 0.72.

Neonode stock was trading at USD 0.88 on Nasdaq on September 23, 2026, with a market capitalization of USD 14.80 million. The combination of shrinking quarterly revenue, continued operating losses and the sub-USD 1 trading level leaves the Q2 figures as the central measure for assessing the company.