Network-1 Technologies, Inc. develops, licenses, and protects intellectual property assets. The company owned 84 patents, including the remote power patent covering the delivery of power over Ethernet cables for the purpose of remotely powering network devices, such as wireless access ports, IP phones, and network based cameras; and the Mirror Worlds patent portfolio relating to foundational technologies that enable unified search and indexing, displaying, and archiving of documents in a computer system. Its patents also comprise the Cox patent portfolio relating to enabling technology for identifying media content on the Internet; M2M/IoT patent portfolio related to enabling technology for authenticating, provisioning, and using embedded sim cards in next generation IoT, machine-to-machine, and other mobile devices, including smartphones, tablets, and computers. The company was formerly known as Network-1 Security Solutions, Inc. and changed its name to Network-1 Technologies, Inc. in October 2013 to reflect the nature of its business. Network-1 Technologies, Inc. was founded in 1990 and is headquartered in New York, New York.
IPO Year:
Exchange: AMEX
Website: network-1.com
NEW CANAAN, CT / ACCESSWIRE / October 24, 2024 / Network-1 Technologies, Inc. (NYSE: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, 2024.Network-1 had no revenue for the three month periods ended September 30, 2024 and 2023. For the nine month periods ended September 30, 2024 and 2023, Network-1 recorded revenue of $100,000 and $820,000, respectively. The revenue for the nine months ended September 30, 2024 and 2023 was from settlements of litigation relating to Network-1's Remote Power Patent.Network-1 realized a net loss of $316,000 or $0.01
NEW CANAAN, CT / ACCESSWIRE / October 8, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP) , a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that the U.S. Patent and Trademark Office issued U.S. Patent No. 12,113,539 (Field Programmable Gate Array with Internal Phase-Locked Loop) to its wholly-owned subsidiary (HFT Solutions, LLC). The claims in the newly issued patent are generally directed toward certain advanced technologies relating to high frequency trading.The newly issued patent arises from a patent application contained in the HFT patent portfolio acquired by HFT Solutions, LLC in March 2022 (the "HFT Patent Portf
NEW CANAAN, CT / ACCESSWIRE / October 1, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that the U.S. Patent and Trademark Office issued U.S. Patent No. 12,107,587 (Field Programmable Gate Array with Internal Phase-Locked Loop) to its wholly-owned subsidiary (HFT Solutions, LLC). The claims in the newly issued patent are generally directed toward certain advanced technologies relating to high frequency trading.The newly issued patent arises from a patent application contained in the HFT patent portfolio acquired by HFT Solutions, LLC in March 2022 (the "HFT Patent Portfo
NEW CANAAN, CT / ACCESSWIRE / August 27, 2024 / Network-1 Technologies, Inc. (NYSE: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 September 26, 2024 to all common stockholders of record as of September 12, 2024.The dividend policy of Network-1 undergoes a periodic review by the Board of Directors and is subject to change at any time depending on the earnings of Network-1, its financial requirements and other factors existing at the time. Future declarations of semi-annual dividends and the establishment of future record and paym
NEW CANAAN, CT / ACCESSWIRE / August 12, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP), a company specializing in the acquisition, development, licensing, and monetization of its intellectual property assets, today announced financial results for the quarter ended June 30, 2024.Network-1 had revenue of $100,000 for the three and six months ended June 30, 2024 as compared to $283,000 and $820,000 for the three and six months ended June 30, 2023. The revenue for the three and six months ended June 30, 2024 was from the settlement of a lawsuit relating to Network-1's Remote Power Patent.Network-1 realized a net loss of $658,000 or $0.03 per share basic and diluted for the three months ended J
NEW CANAAN, CT / ACCESSWIRE / May 10, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property assets, today announced financial results for the quarter ended March 31, 2024.Network-1 had no revenue for the three months ended March 31, 2024, as compared to $537,000 of revenue for the three months ended March 31, 2023. The revenue of $537,000 for the three months ended March 31, 2023 was from the settlement of several patent infringement lawsuits concerning Network-1's Remote Power Patent.Network-1 reported a net loss of $920,000 or $0.04 per share basic and diluted for the three months ended March
NEW CANAAN, CT / ACCESSWIRE / March 8, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP) ("Network-1"), a company engaged in acquiring, developing, licensing, and monetizing intellectual property, today announced financial results for the year ended December 31, 2023.Network-1 had revenue of $2,601,000 for the year ended December 31, 2023 as compared to no revenue in the year ended December 31, 2022. Revenue realized in 2023 was from settlement agreements in litigations related to Network-1's Remote Power Patent. Network-1incurred increases in operating expenses of $933,000 in 2023 compared to 2022, primarily due to increases in costs of revenue of $874,000 related to contingent legal fees and
NEW CANAAN, CT / ACCESSWIRE / March 1, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that the U.S. Patent and Trademark Office has issued U.S. Patent No. 11,916,893, Embedded Universal Integrated Circuit Card Supporting Two-Factor Authentication.The newly issued patent is part of Network-1's M2M/IoT Patent Portfolio that relates to, among other things, the enabling technology for authenticating and using embedded SIM cards (eSIMs) in next generation IoT, Machine-to-Machine, and other mobile devices, including smartphones, tablets, and computers as well as automobiles. e
NEW CANAAN, CT / ACCESSWIRE / February 23, 2024 / Network-1 Technologies, Inc. (NYSE: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 29, 2024 to all common stockholders of record as of March 15, 2024.The dividend policy of Network-1 undergoes a periodic review by the Board of Directors and is subject to change at any time depending on the earnings of Network-1, its financial requirements and other factors existing at the time. Future declarations of semi-annual dividends and the establishment of future record and payment da
NEW CANAAN, CT / ACCESSWIRE / November 2, 2023 / Network-1 Technologies, Inc. (NYSE:NTIP), a company specializing in the development, licensing, and monetization of its intellectual property assets, today announced financial results for the quarter ended September 30, 2023.Network-1 had no revenue for the three month periods ended September 30, 2023 and 2022. For the nine month periods ended September 30, 2023 and 2022, Network-1 recorded $820,000 and no revenue, respectively. The revenue for the nine months ended September 30, 2023 was from settlements of several lawsuits relating to Network-1's Remote Power Patent.Network-1 realized a net loss of $810,000 or $0.03 per share basic and dilut
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8-K - NETWORK-1 TECHNOLOGIES, INC. (0001065078) (Filer)
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NEW CANAAN, CT / ACCESSWIRE / October 24, 2024 / Network-1 Technologies, Inc. (NYSE: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, 2024.Network-1 had no revenue for the three month periods ended September 30, 2024 and 2023. For the nine month periods ended September 30, 2024 and 2023, Network-1 recorded revenue of $100,000 and $820,000, respectively. The revenue for the nine months ended September 30, 2024 and 2023 was from settlements of litigation relating to Network-1's Remote Power Patent.Network-1 realized a net loss of $316,000 or $0.01
NEW CANAAN, CT / ACCESSWIRE / October 8, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP) , a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that the U.S. Patent and Trademark Office issued U.S. Patent No. 12,113,539 (Field Programmable Gate Array with Internal Phase-Locked Loop) to its wholly-owned subsidiary (HFT Solutions, LLC). The claims in the newly issued patent are generally directed toward certain advanced technologies relating to high frequency trading.The newly issued patent arises from a patent application contained in the HFT patent portfolio acquired by HFT Solutions, LLC in March 2022 (the "HFT Patent Portf
NEW CANAAN, CT / ACCESSWIRE / October 1, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that the U.S. Patent and Trademark Office issued U.S. Patent No. 12,107,587 (Field Programmable Gate Array with Internal Phase-Locked Loop) to its wholly-owned subsidiary (HFT Solutions, LLC). The claims in the newly issued patent are generally directed toward certain advanced technologies relating to high frequency trading.The newly issued patent arises from a patent application contained in the HFT patent portfolio acquired by HFT Solutions, LLC in March 2022 (the "HFT Patent Portfo
NEW CANAAN, CT / ACCESSWIRE / August 27, 2024 / Network-1 Technologies, Inc. (NYSE: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 September 26, 2024 to all common stockholders of record as of September 12, 2024.The dividend policy of Network-1 undergoes a periodic review by the Board of Directors and is subject to change at any time depending on the earnings of Network-1, its financial requirements and other factors existing at the time. Future declarations of semi-annual dividends and the establishment of future record and paym
NEW CANAAN, CT / ACCESSWIRE / August 12, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP), a company specializing in the acquisition, development, licensing, and monetization of its intellectual property assets, today announced financial results for the quarter ended June 30, 2024.Network-1 had revenue of $100,000 for the three and six months ended June 30, 2024 as compared to $283,000 and $820,000 for the three and six months ended June 30, 2023. The revenue for the three and six months ended June 30, 2024 was from the settlement of a lawsuit relating to Network-1's Remote Power Patent.Network-1 realized a net loss of $658,000 or $0.03 per share basic and diluted for the three months ended J
NEW CANAAN, CT / ACCESSWIRE / May 10, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property assets, today announced financial results for the quarter ended March 31, 2024.Network-1 had no revenue for the three months ended March 31, 2024, as compared to $537,000 of revenue for the three months ended March 31, 2023. The revenue of $537,000 for the three months ended March 31, 2023 was from the settlement of several patent infringement lawsuits concerning Network-1's Remote Power Patent.Network-1 reported a net loss of $920,000 or $0.04 per share basic and diluted for the three months ended March
NEW CANAAN, CT / ACCESSWIRE / March 8, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP) ("Network-1"), a company engaged in acquiring, developing, licensing, and monetizing intellectual property, today announced financial results for the year ended December 31, 2023.Network-1 had revenue of $2,601,000 for the year ended December 31, 2023 as compared to no revenue in the year ended December 31, 2022. Revenue realized in 2023 was from settlement agreements in litigations related to Network-1's Remote Power Patent. Network-1incurred increases in operating expenses of $933,000 in 2023 compared to 2022, primarily due to increases in costs of revenue of $874,000 related to contingent legal fees and
NEW CANAAN, CT / ACCESSWIRE / March 1, 2024 / Network-1 Technologies, Inc. (NYSE:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that the U.S. Patent and Trademark Office has issued U.S. Patent No. 11,916,893, Embedded Universal Integrated Circuit Card Supporting Two-Factor Authentication.The newly issued patent is part of Network-1's M2M/IoT Patent Portfolio that relates to, among other things, the enabling technology for authenticating and using embedded SIM cards (eSIMs) in next generation IoT, Machine-to-Machine, and other mobile devices, including smartphones, tablets, and computers as well as automobiles. e
NEW CANAAN, CT / ACCESSWIRE / February 23, 2024 / Network-1 Technologies, Inc. (NYSE: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 29, 2024 to all common stockholders of record as of March 15, 2024.The dividend policy of Network-1 undergoes a periodic review by the Board of Directors and is subject to change at any time depending on the earnings of Network-1, its financial requirements and other factors existing at the time. Future declarations of semi-annual dividends and the establishment of future record and payment da
NEW CANAAN, CT / ACCESSWIRE / November 2, 2023 / Network-1 Technologies, Inc. (NYSE:NTIP), a company specializing in the development, licensing, and monetization of its intellectual property assets, today announced financial results for the quarter ended September 30, 2023.Network-1 had no revenue for the three month periods ended September 30, 2023 and 2022. For the nine month periods ended September 30, 2023 and 2022, Network-1 recorded $820,000 and no revenue, respectively. The revenue for the nine months ended September 30, 2023 was from settlements of several lawsuits relating to Network-1's Remote Power Patent.Network-1 realized a net loss of $810,000 or $0.03 per share basic and dilut
Network-1 Technologies (AMEX:NTIP) reported quarterly losses of $(0.04) per share. This is a 33.33 percent decrease over losses of $(0.03) per share from the same period last year.
Network-1 Technologies, Inc. (NYSE:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that ILiAD Biotechnologies, LLC reported the first-ever demonstration of protection against B. pertussis (whooping cough) colonization in a Phase 2b Human Challenge study of its BPZE1 vaccine. ILiAD announced that its BPZE1 intranasal pertussis vaccine has met the primary endpoint of protection against nasopharyngeal B. pertussis colonization (p=0.03) in the Phase 2b CHAMPION-1 Study. To date, Network‑1 has invested an aggregate of $7,000,000 in ILiAD which represents approximately 6.8% of the outstanding units of ILiAD on a non-
Network-1 Technologies (AMEX:NTIP) reported quarterly losses of $(0.02) per share. This is a 66.67 percent increase over losses of $(0.06) per share from the same period last year. The company reported $283.00 thousand in sales this quarter.
Network-1 Technologies, Inc. (NYSE:NTIP) announced today that its Board of Directors has extended its previously announced share repurchase program (the "Share Repurchase Program") pursuant to Rule 10b-18 of the Securities Exchange Act, as amended, authorizing Network-1 to repurchase up to $5,000,000 of shares of its common stock over the next two years. To date, Network‑1 has repurchased an aggregate of 9,360,944 shares of its common stock under the Share Repurchase Program since inception of the program in August 2011 at an average price of $1.93 per share or an aggregate cost of approximately $18,085,981 (exclusive of commissions).The common stock may be repurchased from time to time in o
Network-1 Technologies (AMEX:NTIP) reported quarterly losses of $(0.03) per share. This is a 40 percent increase over losses of $(0.05) per share from the same period last year. The company reported $537.00 thousand in sales this quarter.
Network-1 Technologies, Inc. Common Stock (AMEX:NTIP) reported quarterly losses of $(0.10) per share. This is a 150 percent decrease over losses of $(0.04) per share from the same period last year.
Network-1 Technologies, Inc. (NYSE:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property, announced today that the U.S. Patent and Trademark Office issued U.S. Patent No. 11,575,381 (Field Programmable Gate Array with External Phase-Locked Loop) to its wholly-owned subsidiary (HFT Solutions, LLC). The claims in the newly issued patent are generally directed toward certain advanced technologies relating to high frequency trading. The newly issued patent arises from a patent application contained in the HFT patent portfolio acquired by HFT Solutions in March 2022 (the "HFT Patent Portfolio"). The HFT Patent Portfolio relates to, among o
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