We consider a real-valued differential equation
$ \begin{equation*} x'(t) = f(x(t - d(x_t))), \end{equation*} $
with strictly monotonic negative feedback and state-dependent delay, that has a nontrivial periodic solution $ q $ for which the planar map $ q_t \mapsto (q(t),q(t - d(q_t))) $ is not injective on the orbit of $ q $ in phase space. This solution demonstrates that Mallet-Paret and Sell's version of the Poincaré-Bendixson theorem for delay equations with constant delay and monotonic feedback does not carry over entirely to the state-dependent delay case.
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