Network-1 Technologies Reports No Revenue for Q2 2025 and a Reduced Net Loss of $463,000

Reuters
2025/08/13
Network-1 Technologies Reports No Revenue for <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 and a Reduced Net Loss of $463,000

Network-1 Technologies, Inc. has released its financial results for the second quarter of 2025, reporting no revenue for the three months ended June 30, 2025, and revenue of $150,000 for the first half of the year, compared to $100,000 for the same period in 2024. The revenue in both years was generated from litigation settlements related to Network-1's Remote Power Patent. The company reported a net loss of $463,000 for the second quarter of 2025, an improvement from the net loss of $658,000 in the same quarter of 2024. For the first half of 2025, Network-1 reported a net loss of $826,000, compared to a net loss of $1.578 million for the same period in the previous year. These losses include Network-1's share of the net loss from its equity investee, ILiAD Biotechnologies, LLC, which amounted to $279,000 in the second quarter of 2025, down from $677,000 in the same quarter of 2024. As of June 30, 2025, Network-1 held cash, cash equivalents, and marketable securities totaling $38.485 million, and working capital of $38.288 million. The company believes it has sufficient resources to fund operations for the next twelve months and beyond. Network-1 is maintaining its semi-annual dividend policy, with cash dividends of $0.05 per share, amounting to $0.10 per share annually. Additionally, the company has extended and increased its share repurchase program, authorizing the repurchase of up to $5 million of common stock over the next 24 months. As of June 30, 2025, Network-1 has repurchased 10,525,705 shares at an aggregate cost of $20.185 million, with $4.995 million remaining under the repurchase program.

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: 0001072613-25-000540), on August 12, 2025, and is solely responsible for the information contained therein.

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