NEON: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, NEON has $32,819K in assets. $6,016K in debts. $11,585K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	11,585	13,238
Accounts receivable and unbilled revenues, net	649	365
Contract asset	0	240
Prepaid expenses and other current assets	529	521
Receivable from patent assignment	19,389	-
Current assets of discontinued operations	41	41
Total current assets	32,193	14,405
Property and equipment, net	160	99
Operating lease right-of-use assets, net	466	554
Total non-current assets	626	653
Total assets	32,819	15,058

Accrued payroll and employee benefits	-	1,076
Accounts payable	525	231
Accrued payroll and employee benefits	909	-
Accrued expenses	248	551
Accrued broker fee from patent assignment	3,878	-
Contract liabilities	62	63
Current portion of finance lease obligations	12	12
Current portion of operating lease obligations	295	282
Total current liabilities	5,929	2,215
Finance lease obligations, net of current portion	18	21
Operating lease obligations, net of current portion	69	170
Total non-current liabilities	87	191
Total liabilities	6,016	2,406
Common stock, 25,000,000 shares authorized, with par value of 0.001 16,782,922 and 16,782,922 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	17	17
Additional paid-in capital	240,955	240,955
Accumulated other comprehensive loss	-672	-639
Accumulated deficit	-213,497	-227,681
Total stockholders equity	26,803	12,652
Total liabilities and stockholders equity	32,819	15,058

Unit: Thousand (K) dollars