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Commitments and Contingencies (Details) - Analog Device Development Agreement [Member] | 1 Months Ended
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Apr. 25, 2019
Commitments and Contingencies (Textual) |
Non recurring engineering costs description | Under the terms of the NN1002 Agreement, we agreed to pay TI $500,000 of non-recurring engineering costs at the rate of $0.25 per ASIC for each of the first 2 million ASICs sold.
Initial guarantee, description | The initial guarantee was for $345,000 and valid until December 31, 2019. Since the sale of AirBars has been lower than expected, a major part of the inventory at the manufacturer remained unused when the due date of the bank guarantee neared. In November 2019 Neonode agreed to purchase the excess AirBar inventory for approximately $141,000 and in conjunction with this, the bank guarantee was decreased to $210,000.

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