Neonode Appoints Marec Gasiun as Executive VP of Sales & Marketing
- Executive Appointment: Neonode appointed Marec Gasiun as Executive VP of Sales & Marketing effective January 1, 2026, leveraging his extensive experience in automotive, technology, and telecommunications to drive advancements in MultiSensing computer vision and AI technology.
- Strategic Consolidation: Gasiun's recruitment will consolidate all commercial activities into a focused team, enhancing execution efficiency and utilizing his leadership experience in high-growth environments to accelerate the company's growth trajectory.
- Market Transformation: The company successfully converted a commercial vehicle design win into a production license agreement in December 2025, marking a significant shift from validation to real-world adoption of MultiSensing driver monitoring technology in commercial vehicles.
- Growth Potential: With new design wins and strategic partnerships, Neonode is positioned to accelerate its momentum in the automotive sector, further solidifying its competitive position in a rapidly evolving market.
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Neonode Appoints Marec Gasiun as EVP of Sales & Marketing
- Executive Appointment: Neonode appointed Marec Gasiun as EVP of Sales & Marketing effective January 1, 2026, leveraging his extensive experience across automotive, technology, and telecommunications to enhance the company's commercial activities and execution efficiency.
- Technology Transformation: In December 2025, the company successfully converted a commercial vehicle design win into a production license agreement, marking the real-world deployment of MultiSensing driver monitoring technology, which is expected to accelerate growth in the automotive sector.
- Market Opportunities: Gasiun's recruitment will help consolidate Neonode's commercial activities across technology, automotive, and high-growth environments, thereby enhancing market competitiveness and accelerating the company's growth journey.
- Strategic Development: CEO Daniel Alexus noted that as legacy touch technologies decline, the MultiSensing computer vision and AI technology is poised for significant advancements in 2026, highlighting the company's strategic focus on technological innovation.
Neonode Appoints Marec Gasiun as Executive VP of Sales & Marketing
- Executive Appointment: Neonode appointed Marec Gasiun as Executive VP of Sales & Marketing effective January 1, 2026, leveraging his extensive commercial leadership experience in automotive, technology, and telecommunications to drive significant advancements in MultiSensing computer vision and AI technology.
- Strategic Integration: Gasiun's recruitment will consolidate all commercial activities into a focused team, enhancing execution efficiency and utilizing his experience in high-growth environments to accelerate the company's growth trajectory.
- Market Transformation: The company successfully converted a commercial vehicle design win into a production license agreement in December 2025, marking a significant transition from validation to real-world adoption of MultiSensing driver monitoring technology in commercial vehicles.
- Growth Potential: With new design wins and strategic partnerships, Neonode is positioned to accelerate its automotive momentum, further solidifying its competitive position in a rapidly evolving market.
Neonode Appoints Marec Gasiun as Executive VP of Sales & Marketing
- Executive Appointment: Neonode appointed Marec Gasiun as Executive VP of Sales & Marketing effective January 1, 2026, leveraging his extensive experience in automotive, technology, and telecommunications to drive advancements in MultiSensing computer vision and AI technology.
- Strategic Consolidation: Gasiun's recruitment will consolidate all commercial activities into a focused team, enhancing execution efficiency and utilizing his leadership experience in high-growth environments to accelerate the company's growth trajectory.
- Market Transformation: The company successfully converted a commercial vehicle design win into a production license agreement in December 2025, marking a significant shift from validation to real-world adoption of MultiSensing driver monitoring technology in commercial vehicles.
- Growth Potential: With new design wins and strategic partnerships, Neonode is positioned to accelerate its momentum in the automotive sector, further solidifying its competitive position in a rapidly evolving market.
Neonode Reports Quarter Ended September 30, 2025 Financial Results
Financial Performance: Neonode reported a significant decline in revenues for Q3 2025, with $0.4 million, a 48.7% decrease year-over-year, while operating expenses increased by 4.0%. However, the company recorded a gain of $15.5 million from a patent assignment, resulting in a net income of $13.9 million.
Operational Challenges: The CEO highlighted ongoing challenges in the printer and automotive infotainment segments, leading to a faster-than-expected decline in legacy business revenues. The company is focusing on expanding partnerships in the automotive sector to drive future growth.
Strategic Shifts: Neonode is transitioning its zForce® platform into maintenance mode and is prioritizing the MultiSensing® AI computer vision platform for future developments, aiming to address new market opportunities and customer challenges.
Cash Position: As of September 30, 2025, Neonode had cash and accounts receivable of $12.2 million, down from $17.2 million at the end of 2024, but maintained a stable financial position to support its strategic initiatives.
Three Tech Stocks That Could Revitalize Your Portfolio This September
Oversold Stocks in IT Sector: The information technology sector has several oversold stocks, identified by a Relative Strength Index (RSI) below 30, indicating potential buying opportunities for undervalued companies.
Endava PLC Performance: Endava's stock fell 34% over the past month, closing at $9.15, despite reporting a record high in its quarterly order book, with an RSI of 29.8.
Neonode Inc Update: Neonode's stock dropped 84% recently, closing at $4.15, but it announced an expected $15-20 million from a Samsung patent settlement, with an RSI of 23.5.
authID Inc Financial Results: authID reported its highest quarterly revenue but saw a 36% stock decline, closing at $2.75, with an RSI of 29.54, indicating a potential breakout opportunity.
Five Stocks Capturing Investors' Attention Today: Broadcom, Lululemon, Opendoor, Docusign, and Neonode
U.S. Stock Market Performance: On Thursday, U.S. stocks rose, with the Nasdaq Composite increasing by nearly 1%, while both the S&P 500 and Dow Jones Industrial Average gained 0.8%.
Broadcom's Strong Earnings: Broadcom's stock rose 1.23% after reporting third-quarter revenue of $15.95 billion, exceeding expectations, and saw a significant after-hours increase.
Lululemon's Mixed Results: Lululemon's shares increased by 3.81% during the day but fell nearly 16% in after-hours trading due to mixed second-quarter earnings and lowered future guidance.
Opendoor's Surge and Neonode's Decline: Opendoor's stock surged by 16.18% following a meme rally, while Neonode's stock plummeted by 71.38% due to news regarding a patent lawsuit settlement.
Neonode Appoints Marec Gasiun as EVP of Sales & Marketing
- Executive Appointment: Neonode appointed Marec Gasiun as EVP of Sales & Marketing effective January 1, 2026, leveraging his extensive experience across automotive, technology, and telecommunications to enhance the company's commercial activities and execution efficiency.
- Technology Transformation: In December 2025, the company successfully converted a commercial vehicle design win into a production license agreement, marking the real-world deployment of MultiSensing driver monitoring technology, which is expected to accelerate growth in the automotive sector.
- Market Opportunities: Gasiun's recruitment will help consolidate Neonode's commercial activities across technology, automotive, and high-growth environments, thereby enhancing market competitiveness and accelerating the company's growth journey.
- Strategic Development: CEO Daniel Alexus noted that as legacy touch technologies decline, the MultiSensing computer vision and AI technology is poised for significant advancements in 2026, highlighting the company's strategic focus on technological innovation.
Neonode Appoints Marec Gasiun as Executive VP of Sales & Marketing
- Executive Appointment: Neonode appointed Marec Gasiun as Executive VP of Sales & Marketing effective January 1, 2026, leveraging his extensive commercial leadership experience in automotive, technology, and telecommunications to drive significant advancements in MultiSensing computer vision and AI technology.
- Strategic Integration: Gasiun's recruitment will consolidate all commercial activities into a focused team, enhancing execution efficiency and utilizing his experience in high-growth environments to accelerate the company's growth trajectory.
- Market Transformation: The company successfully converted a commercial vehicle design win into a production license agreement in December 2025, marking a significant transition from validation to real-world adoption of MultiSensing driver monitoring technology in commercial vehicles.
- Growth Potential: With new design wins and strategic partnerships, Neonode is positioned to accelerate its automotive momentum, further solidifying its competitive position in a rapidly evolving market.
Neonode Appoints Marec Gasiun as Executive VP of Sales & Marketing
- Executive Appointment: Neonode appointed Marec Gasiun as Executive VP of Sales & Marketing effective January 1, 2026, leveraging his extensive experience in automotive, technology, and telecommunications to drive advancements in MultiSensing computer vision and AI technology.
- Strategic Consolidation: Gasiun's recruitment will consolidate all commercial activities into a focused team, enhancing execution efficiency and utilizing his leadership experience in high-growth environments to accelerate the company's growth trajectory.
- Market Transformation: The company successfully converted a commercial vehicle design win into a production license agreement in December 2025, marking a significant shift from validation to real-world adoption of MultiSensing driver monitoring technology in commercial vehicles.
- Growth Potential: With new design wins and strategic partnerships, Neonode is positioned to accelerate its momentum in the automotive sector, further solidifying its competitive position in a rapidly evolving market.
Neonode Reports Quarter Ended September 30, 2025 Financial Results
Financial Performance: Neonode reported a significant decline in revenues for Q3 2025, with $0.4 million, a 48.7% decrease year-over-year, while operating expenses increased by 4.0%. However, the company recorded a gain of $15.5 million from a patent assignment, resulting in a net income of $13.9 million.
Operational Challenges: The CEO highlighted ongoing challenges in the printer and automotive infotainment segments, leading to a faster-than-expected decline in legacy business revenues. The company is focusing on expanding partnerships in the automotive sector to drive future growth.
Strategic Shifts: Neonode is transitioning its zForce® platform into maintenance mode and is prioritizing the MultiSensing® AI computer vision platform for future developments, aiming to address new market opportunities and customer challenges.
Cash Position: As of September 30, 2025, Neonode had cash and accounts receivable of $12.2 million, down from $17.2 million at the end of 2024, but maintained a stable financial position to support its strategic initiatives.
Three Tech Stocks That Could Revitalize Your Portfolio This September
Oversold Stocks in IT Sector: The information technology sector has several oversold stocks, identified by a Relative Strength Index (RSI) below 30, indicating potential buying opportunities for undervalued companies.
Endava PLC Performance: Endava's stock fell 34% over the past month, closing at $9.15, despite reporting a record high in its quarterly order book, with an RSI of 29.8.
Neonode Inc Update: Neonode's stock dropped 84% recently, closing at $4.15, but it announced an expected $15-20 million from a Samsung patent settlement, with an RSI of 23.5.
authID Inc Financial Results: authID reported its highest quarterly revenue but saw a 36% stock decline, closing at $2.75, with an RSI of 29.54, indicating a potential breakout opportunity.
Five Stocks Capturing Investors' Attention Today: Broadcom, Lululemon, Opendoor, Docusign, and Neonode
U.S. Stock Market Performance: On Thursday, U.S. stocks rose, with the Nasdaq Composite increasing by nearly 1%, while both the S&P 500 and Dow Jones Industrial Average gained 0.8%.
Broadcom's Strong Earnings: Broadcom's stock rose 1.23% after reporting third-quarter revenue of $15.95 billion, exceeding expectations, and saw a significant after-hours increase.
Lululemon's Mixed Results: Lululemon's shares increased by 3.81% during the day but fell nearly 16% in after-hours trading due to mixed second-quarter earnings and lowered future guidance.
Opendoor's Surge and Neonode's Decline: Opendoor's stock surged by 16.18% following a meme rally, while Neonode's stock plummeted by 71.38% due to news regarding a patent lawsuit settlement.
