All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
3 warning events since 2017; the latest 2026-08-07.
From the record
Neonode Inc.'s filings since 2017 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2026-08-07); an auditor change (8-K item 4.01, the latest 2024-06-24) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
-16.5% a year over 6 filed years; profitable in 1 of 9.
From the record
Neonode Inc.'s 6 filed years say what it did: revenue went from $9 million in fiscal 2017 to $2 million in fiscal 2025, down 16.5% a year; it rose in 0 of 5 years; the deepest fall was 76% from fiscal 2017 to fiscal 2025; net income was positive in 1 of 9 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 2.1/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Neonode Inc.'s shareholder treatment is put at 2.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 21% of 12 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE 34%: 34¢ of profit per shareholder dollar. Leverage 8%: owes 8¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Neonode Inc. earned about 34 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 8 cents per dollar of everything the company owns. Leverage: it owed about 8 cents per dollar of assets, and net share issuance: its share count grew 5.7% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 38% of 12 in its family; net margin 411.9%.
From the record
Neonode Inc.'s standing among 12 graded names in its industry family: revenue of $2 million in fiscal 2025 ranks in the bottom 14% by size; a net margin of 411.9% ranks in the top 4%; revenue growth of -17.7% a year over the last 3 filed years ranks in the bottom 5% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 4.8/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Neonode Inc.'s leadership is put at 4.8 of 10 with a confidence of 20 of 100, because no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 10 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
top 28% of 12 in its family for room to expand.
From the record
Neonode Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $25 million against no long-term debt tagged leaves 94.3% of its assets as net cash, top 4% of its family; cash from operations less capital spending is -501.7% of revenue (bottom 13%); a gross margin of 98.7% (top 5%); research spending of 183.3% of revenue (top 15%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 36% of 12 in its family for growth drivers.
From the record
Neonode Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -17.7% a year over the last three filed years against -16.5% over all 6, slowing (top 41% of its family); the newest year grew -33.7% (bottom 13%); research spending grew -1.6% a year (bottom 14%); capital spending grew 20.5% a year (top 41%) (its annual reports). Neonode Inc. reported 2 product lines in fiscal 2025: License Fees at $2 million (88%), Nonrecurring Engineering at $240 thousand (12%); 0 of 2 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 37% of 12 in its family for expectations against reality.
From the record
Neonode Inc.'s newest year against its own record: revenue of $2 million in fiscal 2025 came in 22.8% below the $3 million its prior three years' pace pointed to (bottom 14% of its family); net income of $8 million against a prior three-year average of $6 million (top 21%); a net margin of more than its whole revenue against losses larger than its revenue before (top 4%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made