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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 15,126 $ 17,383
Accounts receivable and unbilled revenue, net 1,142 1,293
Inventory 3,553 2,520
Prepaid expenses and other current assets 714 836
Total current assets 20,535 22,032
Property and equipment, net 322 376
Operating lease right-of-use assets, net 450 584
Total assets 21,307 22,992
Current liabilities:    
Accounts payable 804 776
Accrued payroll and employee benefits 940 1,037
Accrued expenses 397 371
Contract liabilities 103 106
Current portion of finance lease obligations 150 258
Current portion of operating lease obligations 245 425
Total current liabilities 2,639 2,973
Finance lease obligations, net of current portion 101 65
Operating lease obligations, net of current portion 95 117
Total liabilities 2,835 3,155
Commitments and contingencies
Stockholders’ equity:    
Common stock, 25,000,000 shares authorized, with par value of $0.001; 13,575,952 shares issued and outstanding at March 31, 2022 and December 31, 2021 14 14
Additional paid-in capital 226,919 226,880
Accumulated other comprehensive loss (375) (408)
Accumulated deficit (203,988) (202,608)
Total Neonode Inc. stockholders’ equity 22,570 23,878
Noncontrolling interests (4,098) (4,041)
Total stockholders’ equity 18,472 19,837
Total liabilities and stockholders’ equity $ 21,307 $ 22,992