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Press Release

Neonode Reports Second Quarter Ended June 30, 2020 Financial Results

Press Release

STOCKHOLM, SWEDEN, August 14, 2020 — Neonode Inc. (NASDAQ: NEON), today reported financial results for the three and six months ended June 30, 2020. FINANCIAL SUMMARY SECOND QUARTER 2020 · Net sales totaled $0.8 million compared to $1.7 million for the same period last year. · Net loss totaled $1.6 million compared to a net loss of $1.3 million for the same period last year. · Loss per share totaled $0.18 compared to a loss per share of $0.14 for the same period last year. · Net cash used in operating activities totaled $1.0 million and $1.0 million for the three months ended

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