Neonode Inc. (NASDAQ:NEON) Q2 2023 Earnings Call Transcript

And we will – within the products business area, we will shift the capital allocation. And clearly during the last quarter also we shifted more into the licensing business. So we have already taking steps in line with what you sort of suggest here. And we will continue to work on those details in the strategy. And we will present updates on this in the next earnings call and also probably we will continue to evolve both regarding our strategy and tactics into next year. So we get the point. We agree. You should never continue blindly to invest in a profit – non-profit business. Of course, we are here to make money and we are very conscious of this. So I ask everyone to stay tuned for updates and I will also want to reassure you and every other person listening in that we are very much aware of this and really working hard on this issue to turn around the products business.

And if it doesn’t succeed, yes, we have to think about doing something else clearly. And we certainly appreciate that and we are discussing it in the company and we will get back to you with updates shortly.

Jesper Von Koch: Perfect. Thank you so much. That’s all from me and I’m just going to see if we have any other questions from the other analysts. So let me just see for a few seconds. Nope. We do not. So I think with that I’m very satisfied with all the answers. So I leave the back – leave the word back to you Urban for some closing remarks

Urban Forssell: And I will be very, very short. Thank you for joining this earnings call where we presented the financial results for Q2 for Neonode and also reviewed some strategic highlights and gave a short business update. Thank you very much and have a nice day.