Place the Neufchâtel Cheese (3 ounce) and Butter (3 tablespoon) in the bowl of a stand mixer and mix (or beat by hand) until fluffy.
Add in the Powdered Confectioners Sugar (1 cup), Non-Fat Milk (1/4 cup), and Vanilla Extract (1/4 teaspoon) and beat on a low speed until the sweetener is well incorporated, then increase the speed and whip until smooth and creamy. Set aside.
In another large bowl, whisk together the Pancake Mix (1 cup), Water (1 cup), Red Food Coloring (1 teaspoon), and Unsweetened Cocoa Powder (1 teaspoon) until well combined.
Heat a large skillet over a medium-low heat and give it a light coat of non-stick cooking spray.
Once the skillet is warm, pour 1/4 cup of the pancake mixture into the center of the skillet and cook until the top of the pancake is bubbling and the edges are no longer shiny.
Flip the pancake using a spatula and continue to cook for another 1-2 minutes or until both sides are cooked through.
Once done, transfer to a plate and rinse and repeat with the remaining batter.
Divide evenly among plates and top with some of the cream cheese drizzle. Enjoy right away!