Neonode Appoints BDO USA as New Auditor

TL;DR

Neonode swapped auditors, bringing in BDO USA after PwC AB resigned.

AI Summary

Neonode Inc. announced on June 18, 2024, that it has appointed BDO USA, P.A. as its new independent registered public accounting firm. This change follows the resignation of its former auditor, PricewaterhouseCoopers AB, on June 17, 2024. The company stated that the decision to change auditors was not a result of any disagreements or reportable events.

Why It Matters

Changing auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor closely.

Risk Assessment

Risk Level: low — The filing is a routine change of auditor and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

• Neonode Inc. (company) — Issuer of securities
• BDO USA, P.A. (company) — Newly appointed independent registered public accounting firm
• PricewaterhouseCoopers AB (company) — Former independent registered public accounting firm
• June 18, 2024 (date) — Date of auditor appointment announcement
• June 17, 2024 (date) — Date of former auditor's resignation

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share NEON The Nasdaq Stock Mar

Filing Documents

• ea0208135-8k_neonode.htm (8-K) — 28KB
• ea020813501ex16-1_neonode.htm (EX-16.1) — 2KB
• 0001213900-24-055218.txt ( ) — 199KB
• neon-20240618.xsd (EX-101.SCH) — 3KB
• neon-20240618_lab.xml (EX-101.LAB) — 33KB
• neon-20240618_pre.xml (EX-101.PRE) — 22KB
• ea0208135-8k_neonode_htm.xml (XML) — 3KB

01 Changes in Registrant's Certifying

Item 4.01 Changes in Registrant's Certifying Accountant. On May 20, 2024, the partners and professional staff of KMJ Corbin & Company LLP ("KMJ"), which was engaged as the independent registered public accounting firm of Neonode Inc. (the "Company"), joined Crowe LLP ("Crowe"). As a result, KMJ resigned as the Company's independent registered public accounting firm on June 18, 2024. On June 18, 2024, following the resignation of KMJ, the Company, through and with the approval of its Audit Committee, appointed Crowe as its independent registered public accounting firm. The reports of KMJ on the Company's consolidated financial statements for the two most recently completed fiscal years ended December 31, 2023 and 2022 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles. During the Company's two most recently completed fiscal years ended December 31, 2023 and 2022 and the subsequent interim period through the date of resignation, there were no disagreements between the Company and KMJ on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of KMJ, would have caused KMJ to make reference to the subject matter of the disagreements in connection with its audit reports on the Company's consolidated financial statements. During the Company's two most recently completed fiscal years ended December 31, 2023 and 2022 and the subsequent interim period through the date of resignation, there were no "reportable events" (as defined in Item 304(a)(1)(v) of Regulation S-K). The Company provided KMJ with a copy of this current report on Form 8-K in accordance with Item 304(a) of Regulation S-K prior to its filing with the Securities and Exchange Commission and requested that KMJ furnish the Company with a letter addressed to the Securities and Exchange Commission

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter from KMJ Corbin & Company LLP, dated June 24, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: June 24, 2024 NEONODE INC. By: /s/ Fredrik Nihln Name: Fredrik Nihln Title: Interim President and Chief Executive Office and Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR