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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 11,302 $ 17,383
Accounts receivable and unbilled revenues, net 1,014 1,293
Inventory 4,342 2,520
Prepaid expenses and other current assets 671 836
Total current assets 17,329 22,032
Property and equipment, net 281 376
Operating lease right-of-use assets, net 182 584
Total assets 17,792 22,992
Current liabilities:    
Accounts payable 357 776
Accrued payroll and employee benefits 800 1,037
Accrued expenses 316 371
Contract liabilities 92 106
Current portion of finance lease obligations 109 258
Current portion of operating lease obligations 127 425
Total current liabilities 1,801 2,973
Finance lease obligations, net of current portion 52 65
Operating lease obligations, net of current portion 49 117
Total liabilities 1,902 3,155
Commitments and contingencies
Stockholders’ equity:    
Common stock, 25,000,000 shares authorized, with par value of $0.001; 13,569,700 and 13,575,952 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 14 14
Additional paid-in capital 226,957 226,880
Accumulated other comprehensive loss (304) (408)
Accumulated deficit (206,336) (202,608)
Total Neonode Inc. stockholders’ equity 20,331 23,878
Noncontrolling interests (4,441) (4,041)
Total stockholders’ equity 15,890 19,837
Total liabilities and stockholders’ equity $ 17,792 $ 22,992