Neonode Inc. (NEON) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 13, 2026

Risk Assessment Details

Potential Dilution: 39.43% of current shares
Recent Dilution: 8.51% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
17M
Potential Supply
6.6M
Additional shares possible
Splits
None
Past 2 years

Summary

NEON currently has 16.8M outstanding shares. with moderate dilution risk from 6.62M authorized shares representing 39.4% potential dilution. The company has minimally diluted shareholders by 8.51% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 13, 2026

10-Q filing | 16.8M shares outstanding

17M 6.6M
Mar 18, 2026

10-K filing | 16.8M shares outstanding

17M 6.6M
Aug 13, 2025

10-Q filing | 16.8M shares outstanding

17M 6.6M
May 14, 2025

10-Q filing | 16.8M shares outstanding

17M 6.6M
Mar 21, 2025

10-K filing | 16.8M shares outstanding

17M 6.6M
Nov 06, 2024

10-Q filing | 16.8M shares outstanding

17M 6.6M
Aug 08, 2024

10-Q filing | 15.5M shares outstanding

15M 7.9M
May 09, 2024

S-3 filing: Neonode Inc. intends to offer shares of its common stock, preferred stock, debt securities, and/or warrants or rights to purchase such securities, either individually or in units, with a total value of up to $70,971,000.

15M 8M
May 08, 2024

10-Q filing | 15.4M shares outstanding

15M 8M
Feb 28, 2024

10-K filing | 15.4M shares outstanding

15M 8M
Nov 09, 2023

10-Q filing | 15.4M shares outstanding

15M 8M
Aug 10, 2023

10-Q filing | 15.4M shares outstanding

15M 8M
May 11, 2023

10-Q filing | 15.4M shares outstanding

15M 8M
Mar 09, 2023

10-K filing | 15.4M shares outstanding

15M 8M
Nov 10, 2022

10-Q filing | 13.6M shares outstanding

14M 9.8M
Aug 11, 2022

10-Q filing | 13.6M shares outstanding

14M 9.8M
May 11, 2022

10-Q filing | 13.6M shares outstanding

14M 9.8M
Mar 10, 2022

10-K filing | 13.6M shares outstanding

14M 9.8M
Nov 10, 2021

10-Q filing | 13.6M shares outstanding

14M 9.8M
Oct 21, 2021

8-K filing: Neonode Inc. entered into a placement agency agreement with Pareto Securities Inc. and Pareto Securities AB for a registered direct offering of 1,808,000 shares of common stock at $7.75 per share.

12M 12M
Aug 11, 2021

10-Q filing | 11.5M shares outstanding

12M 12M
May 12, 2021

10-Q filing | 11.5M shares outstanding

12M 12M
May 10, 2021

S-3 filing: Neonode Inc. intends to offer shares of its common stock, preferred stock and debt securities for a total value of up to $100,000,000.

12M 12M
Mar 10, 2021

10-K filing | 11.5M shares outstanding

12M 0
Nov 10, 2020

10-Q filing | 9.2M shares outstanding

9.2M 2.3M
Sep 17, 2020

S-3/A filing: This S-3/A filing relates to the resale of 1,611,845 shares of common stock, up to 56,154 shares of common stock issuable upon conversion of Series C-1 preferred stock, and up to 628,224 shares of common stock issuable upon conversion of Series C-2 preferred stock, pursuant to a Registration Statement on Form S-3.

11M 680K
Sep 04, 2020

S-3 filing: This S-3 filing covers the sale of up to 2,296,223 shares of Neonode Inc.'s common stock by selling stockholders.

11M 680K
Aug 14, 2020

10-Q filing | 9.2M shares outstanding

9.2M 0
Aug 10, 2020

8-K filing: Neonode entered into a securities purchase agreement for a private placement, issuing common stock and convertible preferred stock for gross proceeds of $13.9 million, to be used for working capital. ($14.92M proceeds)

9.2M 0
May 13, 2020

10-Q filing | 9.2M shares outstanding

9.2M 0
Mar 11, 2020

10-K filing | 8.8M shares outstanding

8.8M 0
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