Event-Driven Stocks

Neonode Inc.

NEONNasdaq

Technology · Electronic Components, NEC · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 3 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$2.1M$3.1M$4.4M$5.7M$5.8M$6.0M
Operating income$7.4M−$6.5M−$10.7M−$5.3M−$7.1M−$6.2M
Net income$8.5M−$6.5M−$10.1M−$4.9M−$6.5M−$6.3M
Total assets$26.9M$18.4M$19.0M$21.2M$23.0M$16.6M
Total liabilities$2.2M$1.9M$1.9M$1.8M$3.2M$4.7M
Equity$24.7M$16.4M$17.2M$19.4M$23.9M$15.1M
EPS (diluted)$0.51$-0.41$-0.66$-0.36$-0.54—
Shares out.16.8M15.4M15.4M13.6M11.5M9.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
357.5%
Net margin
411.9%
Return on equity
34.4%
Return on assets
31.6%
Return on capital (ROCE)
29.8%
Liabilities / assets
8.2%
Debt / equity
0.09×
Book value / share
$1.47
Revenue growth (YoY)
−33.7%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-6.61distress
Accruals / assets
69.7%high accruals
Beneish M-Score
-0.39elevated
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
42
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 0Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 4 warning● 3 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Conservative leverage (liabilities < 50% of assets)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026648,6196.7-14.3%
Apr 30, 2026756,8748.1-2.3%
Apr 15, 2026774,5538.7-0.3%
Mar 31, 2026776,7706.4-6.6%
Mar 13, 2026831,4107.3-1.6%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)