Author: Network-1 Technologies, Inc.

  • Network-1 Declares Semi-Annual Dividend

    NEW CANAAN, CT / ACCESS Newswire / February 27, 2026 / Network-1 Technologies, Inc. (NYSE American:NTIP) today announced that its Board of Directors has declared a semi-annual cash dividend of $0.05 per common share pursuant to its dividend policy. The semi-annual cash dividend of $0.05 per share is payable on March 30, 2026 to all common stockholders of record as of March 16, 2026.

    Netork-1’s dividend policy undergoes a periodic review by the Board of Directors and is subject to change at any time depending on its cash position, financial requirements, earnings and other factors existing at the time. Future declarations of semi-annual dividends and the establishment of future record and payment dates are subject to the final determination and discretion of the Board of Directors.

    ABOUT NETWORK-1 TECHNOLOGIES, INC.

    Network-1 Technologies, Inc. is engaged in the development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns one-hundred nineteen (119) U.S. patents and seventeen (17) international patents including enabling technology for authenticating and using eSIM technology in Internet of Things (“IoT”), certain advanced technologies related to high frequency trading, technologies relating to document stream operating systems and the identification of media content and enabling technology to support, among other things, the interoperability of smart home IT devices. Network-1’s current strategy includes efforts to monetize four patent portfolios (its M2M/IoT, HFT, Cox and Smart Home portfolios). Network-1’s strategy is to focus on acquiring and investing in high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent and Mirror Worlds Patent Portfolio. Network-1’s Remote Power Patent generated licensing revenue in excess of $188,000,000 from May 2007 through September 30, 2025. Network-1 has also achieved licensing and other revenue of $47,150,000 through September 30, 2025 with respect to its Mirror Worlds Patent Portfolio.

    Corey M. Horowitz, Chairman and CEO
    Network-1 Technologies, Inc.
    (917) 692-0000

    SOURCE: Network-1 Technologies, Inc.

    View the original press release on ACCESS Newswire

  • Network-1 Reports Third Quarter 2025 Results

    Network-1 Reports Third Quarter 2025 Results

    NEW CANAAN, CT / ACCESS Newswire / November 6, 2025 / Network-1 Technologies, Inc. (NYSE American:NTIP), a company specializing in the acquisition, development, licensing, and monetization of its intellectual property assets, today announced financial results for the quarter ended September 30, 2025.

    Network-1 reported no revenue for the three month periods ended September 30, 2025 and 2024. For the nine month periods ended September 30, 2025 and 2024, Network-1 reported revenue of $150,000 and $100,000, respectively. The revenue for the nine months ended September 30, 2025 and 2024 was from settlements of litigation relating to Network-1’s Remote Power Patent.

    Network-1 reported a net loss of $560,000 or $0.02 per share basic and diluted for the three months ended September 30, 2025 compared with a net loss of $316,000 or $0.01 per share basic and diluted for the three months ended September 30, 2024. Included in the net loss is Network-1’s share of the net loss of its equity method investee of $354,000 and $308,000 for the three months ended September 30, 2025 and 2024, respectively

    Network-1 realized a net loss of $1,386,000 or $0.06 per share basic and diluted for the nine months ended September 30, 2025 compared with a net loss of $1,894,000 or $0.08 per share basic and diluted for the nine months ended September 30, 2024. Included in the net loss is Network-1’s share of the net loss of its equity method investee of $1,095,000 and $1,613,000, respectively, during the nine months ended September 30, 2025 and 2024.

    On September 8, 2025, Network-1’s wholly owned subsidiary, HFT Solutions, LLC, commenced patent litigation againstOptiverUS LLC and Optiver Trading US LLC in the United States District Court for the Western District of Texas for infringement of certain patents within the HFT Patent Portfolio. The HFT Patent Portfolio relates to, among other things, technologies used by firms engaged in high frequency trading activities that utilize field-programmable gate array (FPGA) hardware, including clock domain management technology that provides critical transaction latency gains in trading systems where the difference between success and failure may be measured in nanoseconds.

    At September 30, 2025, Network-1 had cash and cash equivalents and marketable securities of $37,097,000 and working capital of $36,856,000. Network-1 believes based on its current cash position it will have sufficient cash to fund its operations for the next twelve months and the foreseeable future.

    During the three months ended September 30, 2025, Network-1 repurchased an aggregate of 56,705 shares of its common stock at an aggregate cost of $78,428 (exclusive of commissions and excise taxes) or an average per share price of $1.38. During the nine months ended September 30, 2025, Network-1 repurchased an aggregate of 208,178 shares of its common stock at an aggregate cost of $280,623 (exclusive of commissions and excise taxes) or an average per share price of $1.35. At September 30, 2025, the remaining dollar value of shares that may be repurchased under the Share Repurchase Program was $4,916,425. Since the inception of the Share Repurchase Program through September 30, 2025, Network-1 has repurchased an aggregate of 10,582,410 shares of its common stock at an aggregate cost of $20,263,978 (exclusive of commissions and excise taxes) or an average per share price of $1.91.

    Network‑1 continues to pay dividends consistent with its dividend policy, which consists of semi-annual cash dividends of $0.05 per share ($0.10 per share annually) which are anticipated to be paid in March and September of each year. On September 5, 2025, the Board of Directors of Network-1 declared a semi-annual cash dividend of $0.05 per common share which was paid on September 29, 2025 to all common stockholders of record as of September 19, 2025. Network-1’s dividend policy undergoes a periodic review by the Board of Directors and is subject to change at any time depending upon Network-1’s earnings, financial requirements and other factors existing at the time.

    ABOUT NETWORK-1 TECHNOLOGIES, INC.

    Network-1 Technologies, Inc. is engaged in the acquisition, development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns one-hundred fifteen (115) U.S. patents and seventeen (17) international patents covering various technologies, including enabling technology for authenticating and using eSIM technology in Internet of Things (“IoT”) Machine-to-Machine and other mobile devices, certain advanced technologies related to high frequency trading, technologies relating to document stream operating systems and the identification of media content and enabling technology to support, among other things, the interoperability of smart home IoT devices. Network-1’s current strategy includes efforts to monetize four patent portfolios (the M2M/IoT, HFT, Cox and Smart Home portfolios). Network-1’s strategy is to focus on acquiring and investing in high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent and Mirror Worlds Patent Portfolio. Network-1’s Remote Power Patent has generated licensing revenue in excess of $188,000,000 from May 2007 through September 30, 2025. Network-1 has achieved licensing and other revenue of $47,150,000 through September 30, 2025 with respect to its Mirror Worlds Patent Portfolio.

    This release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning Network-1’s business plans. Such statements are subject to a number of risk factors and uncertainties as disclosed in the Network-1’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission on February 28, 2025and its Quarterly Report on Form 10-Q for the three months ended September 30, 2025 filed with the SEC on November 6, 2025 including, among others, Network-1’s uncertain revenue from licensing its intellectual property, uncertainty as to the outcome of pending litigation involving Network-1’s HFT Patent Portfolio and its M2M/IoT Patent Portfolio, whether Network-1 will be successful in its appeal to the Federal Circuit of the District Court judgment of non-infringement dismissing Network-1’s litigation against Google and YouTube involving certain patents within its Cox Patent Portfolio, the ability of Network-1 to successfully execute its strategy to acquire or make investments in high quality patents with significant licensing opportunities, Network-1’s ability to achieve revenue and profits from its Cox Patent Portfolio, M2M/IoT Patent Portfolio, HFT Patent Portfolio and Smart Home Portfolio, as well as a successful outcome on its investment in ILiAD Biotechnologies, LLC or other intellectual property it may acquire or finance in the future, the ability of Network-1 to enter into additional license agreements, uncertainty as to whether cash dividends will continue to be paid, Network-1’s ability to enter into strategic relationships with third parties to license or otherwise monetize their intellectual property, the risk in the future of Network-1 being classified as a Personal Holding Company which may result in Network-1 issuing a special cash dividend to its stockholders, future economic conditions and technology changes and legislative, regulatory and competitive developments. Except as otherwise required to be disclosed in periodic reports, Network-1 expressly disclaims any future obligation or undertaking to update or revise any forward-looking statement contained herein.

    Network-1’s unaudited condensed consolidated statements of operations and condensed consolidated balance sheet are attached.

    For additional details regarding the above referenced highlights, please see Network-1’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 filed with the SEC on November 6, 2025.

    NETWORK-1 TECHNOLOGIES, INC.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (UNAUDITED)

    Three Months Ended
    September 30,

    Nine Months Ended
    September 30,

    2025

    2024

    2025

    2024

    REVENUE

    $

    $

    $

    150,000

    $

    100,000

    OPERATING EXPENSES:
    Costs of revenue

    42,000

    28,000

    Professional fees and related costs

    226,000

    290,000

    511,000

    656,000

    General and administrative

    537,000

    576,000

    1,658,000

    1,764,000

    Amortization of patents

    37,000

    30,000

    104,000

    90,000

    TOTAL OPERATING EXPENSES

    800,000

    896,000

    2,315,000

    2,538,000

    OPERATING LOSS

    (800,000

    )

    (896,000

    )

    (2,165,000

    )

    (2,438,000

    )

    OTHER INCOME:
    Interest and dividend income, net

    467,000

    524,000

    1,396,000

    1,407,000

    Net realized and unrealized gain on marketable securities

    44,000

    293,000

    215,000

    395,000

    Total other income, net

    511,000

    817,000

    1,611,000

    1,802,000

    LOSS BEFORE INCOME TAXES AND SHARE OF NET LOSSES OF EQUITY METHOD INVESTEE

    (289,000

    )

    (79,000

    )

    (554,000

    )

    (636,000

    )

    INCOME TAXES PROVISION:
    Current

    (31,000

    )

    Deferred taxes, net

    (83,000

    )

    (71,000

    )

    (232,000

    )

    (355,000

    )

    Total income tax benefit

    (83,000

    )

    (71,000

    )

    (263,000

    )

    (355,000

    )

    LOSS BEFORE SHARE OF NET LOSS OF EQUITY METHOD INVESTEE:

    (206,000

    )

    (8,000

    )

    (291,000

    )

    (281,000

    )

    SHARE OF NET LOSS OF EQUITY METHOD INVESTEE

    (354,000

    )

    (308,000

    )

    (1,095,000

    )

    (1,613,000

    )

    NET LOSS

    $

    (560,000

    )

    $

    (316,000

    )

    $

    (1,386,000

    )

    $

    (1,894,000

    )

    Net loss per share
    Basic

    $

    (0.02

    )

    $

    (0.01

    )

    $

    (0.06

    )

    $

    (0.08

    )

    Diluted

    $

    (0.02

    )

    $

    (0.01

    )

    $

    (0.06

    )

    $

    (0.08

    )

    Weighted average common shares outstanding:
    Basic

    22,807,916

    23,126,480

    22,858,180

    23,337,716

    Diluted

    22,807,916

    23,126,480

    22,858,180

    23,337,716

    Cash dividends declared per share

    $

    0.05

    $

    0.05

    $

    0.10

    $

    0.10

    NETWORK-1 TECHNOLOGIES, INC.
    CONDENSED CONSOLIDATED BALANCE SHEETS

    September 30,
    2025
    December 31,
    2024

    ASSETS

    (Unaudited)

    CURRENT ASSETS:
    Cash and cash equivalents

    $

    7,708,000

    $

    13,145,000

    Marketable securities, at fair value

    29,389,000

    27,455,000

    Other current assets

    166,000

    232,000

    TOTAL CURRENT ASSETS

    37,263,000

    40,832,000

    OTHER ASSETS:
    Patents, net of accumulated amortization

    1,516,000

    1,205,000

    Equity investment

    2,242,000

    3,337,000

    Operating leases right-of-use asset

    27,000

    Security deposit

    13,000

    13,000

    Total Other Assets

    3,771,000

    4,582,000

    TOTAL ASSETS

    $

    41,034,000

    $

    45,414,000

    LIABILITIES AND STOCKHOLDERS’ EQUITY:

    CURRENT LIABILITIES:

    Accounts payable

    $

    220,000

    $

    203,000

    Accrued payroll

    292,000

    Other accrued expenses

    187,000

    247,000

    Operating lease obligations

    24,000

    Total Current Liabilities

    407,000

    766,000

    LONG TERM LIABILITIES:
    Deferred tax liability

    105,000

    337,000

    TOTAL LIABILITIES

    512,000

    1,103,000

    COMMITMENTS AND CONTINGENCIES (Note G)
    STOCKHOLDERS’ EQUITY
    Preferred stock, $0.01 par value, authorized 10,000,000 shares;
    none issued and outstanding at September 30, 2025 and December 31, 2024

    Common stock, $0.01 par value; authorized 50,000,000 shares; 22,820,593 and 22,961,619 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively

    228,000

    229,000

    Additional paid-in capital

    63,346,000

    65,455,000

    Accumulated deficit

    (23,052,000

    )

    (21,373,000

    )

    TOTAL STOCKHOLDERS’ EQUITY

    40,522,000

    44,311,000

    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

    $

    41,034,000

    $

    45,414,000

    Contact:

    Corey M. Horowitz, Chairman and CEO Network-1 Technologies, Inc.
    (203) 920-1055
    (917) 692-0000

    SOURCE: Network-1 Technologies, Inc.

    View the original press release on ACCESS Newswire