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Press Release

Neonode Reports Third Quarter Ended September 30, 2020 Financial Results

Press Release

STOCKHOLM, SWEDEN, November 10, 2020 — Neonode Inc. (NASDAQ: NEON), today reported financial results for the three and nine months ended September 30, 2020. FINANCIAL SUMMARY THIRD QUARTER 2020 · Net sales totaled $1.5 million compared to $1.3 million for the same period last year. · Net loss attributable to Neonode Inc. totaled $1.6 million compared to a net loss of $1.1 million for the same period last year. · Loss per share totaled $0.16 compared to a loss per share of $0.12 for the same period last year. · Net cash used in operating activities totaled $1.8 million and $1.4

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