Neonode Inc. reported second-quarter 2026 revenue from continuing operations of $0.5 million, down 20.4% from a year earlier, as a sharp fall in non-recurring engineering revenue offset a 9.2% increase in license revenue to $0.4 million driven by new license agreements. Operating expenses from continuing operations rose 3.2% to $2.8 million, while loss from continuing operations widened to $2.1 million, or $0.13 per share, from $2.0 million, or $0.12 per share. Cash used by operations was $1.9 million in the quarter, and cash and accounts receivable stood at $21.7 million on June 30, 2026, down from $25.8 million at the end of 2025. For the first six months, revenue from continuing operations slipped 1.9% to $1.1 million and loss from continuing operations increased to $4.0 million, or $0.24 per share, from $3.8 million, or $0.23 per share. Daniel Alexus, President & CEO of Neonode, said MultiSensing license revenue grew more than fivefold from a year earlier as an automotive customer increased production, and said the company remains focused on converting evaluations and partner discussions into commercial licensing agreements.