Network-1 Technologies Reports Q1 2025 Revenue of $150,000, Net Loss Narrows to $363,000, EPS Improves to $0.02 Loss

Reuters
05-14
Network-1 Technologies Reports Q1 2025 Revenue of $150,000, Net Loss Narrows to $363,000, EPS Improves to $0.02 Loss

Network-1 Technologies, Inc. (NYSE American: NTIP) reported its financial results for the first quarter ended March 31, 2025. The company recorded a net loss of $363,000 for the quarter, an improvement from the net loss of $920,000 in the same period of 2024. Network-1's revenue for the first quarter of 2025 was $150,000, in contrast to no revenue in the corresponding quarter of 2024. This revenue was attributed to a litigation settlement involving the company's Remote Power Patent. Interest and dividend income for the quarter increased to $484,000 from $431,000 in the previous year. Additionally, the company reported realized and unrealized gains on marketable securities of $149,000, up from $48,000 in the first quarter of 2024. Operating expenses decreased by $123,000 mainly due to a reduction in professional fees related to litigation. Furthermore, Network-1 completed the acquisition of a Smart Home Patent Portfolio from IoT and M2M Technologies, LLC, which includes eight U.S. patents, one international patent, and several pending patent applications. As of March 31, 2025, the company's liquidity position consisted of $39.193 million in cash and cash equivalents and marketable securities, with a working capital of $38.443 million, indicating sufficient resources to support future operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Network 1 Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001072613-25-000371), on May 14, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10