Filing Flows › Neonode (NEON) › Q4 2024
Neonode (NEON) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 21, 2025
Neonode (NEON) reported revenue of $655K for the fourth quarter 2024 (Q4 2024), +76% from a year earlier and -22% from the quarter before. Operating margin was -260.2%, net loss $1.6M (244.3% of revenue).
Neonode, Q4 2024: revenue $655K (+76% year over year), operating margin -260.2%, net loss $1.6M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $655K | -22% | +76% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $655K in Q4 2024, up 76% year over year and down 22% from the previous quarter.
Gross margin was 92.1%. Operating costs exceeded revenue by $1.7M, an operating margin of -260.2%. The quarter ended with a net loss of $1.6M, wider than the previous quarter's $1.1M loss.
Operating cash flow was −$1.2M. Non-cash charges added back $9K of depreciation and amortization. Working capital and other items added $428K.
Questions
What was Neonode's revenue in the fourth quarter 2024?
Neonode (NEON) reported revenue of $655K for the fourth quarter 2024 (Q4 2024), +76% from a year earlier and -22% from the quarter before.
Was Neonode profitable in the fourth quarter 2024?
Operating loss was $1.7M (-260.2% of revenue) and net loss $1.6M.
Source: Neonode 10-K on SEC EDGAR.