Welcome to our dedicated page for Network 1 Techno news (Ticker: NTIP), a resource for investors and traders seeking the latest updates and insights on Network 1 Techno stock.
Network-1 Technologies Inc (NTIP) operates at the intersection of intellectual property and technology innovation, specializing in strategic patent licensing across telecommunications, IoT, and financial trading systems. This news hub provides investors and industry observers with essential updates on the company’s licensing agreements, legal developments, and portfolio expansions.
Access real-time updates on NTIP’s patent monetization strategies, including settlements from its Remote Power and High Frequency Trading portfolios. The page serves as a definitive source for understanding how the company converts intellectual property into revenue through structured legal agreements and partnerships.
Key updates cover patent acquisition announcements, licensing deal terms with tech manufacturers, and outcomes of IP litigation cases. Users will also find analysis of how NTIP’s M2M/IoT patents influence emerging connectivity standards in mobile networks and smart devices.
Bookmark this page to monitor NTIP’s ongoing efforts to protect and monetize cutting-edge innovations. Check regularly for official press releases detailing new partnerships and strategic moves in the intellectual property sector.
Network-1 Technologies (NYSE American:NTIP) reported financial results for Q3 2024. The company recorded no revenue for Q3 2024 and 2023, with revenue of $100,000 for the nine months ended September 30, 2024, down from $820,000 in the same period of 2023. The company reported a net loss of $316,000 ($0.01 per share) for Q3 2024, compared to a loss of $810,000 ($0.03 per share) in Q3 2023. As of September 30, 2024, Network-1 had cash and marketable securities of $41.5 million and working capital of $41.1 million. The company maintained its semi-annual dividend of $0.05 per share and continued its share repurchase program, buying back 119,615 shares in Q3 2024.
Network-1 Technologies, Inc. (NYSE American:NTIP) has announced that its subsidiary, HFT Solutions, , has been granted U.S. Patent No. 12,113,539 by the U.S. Patent and Trademark Office. This new patent, titled 'Field Programmable Gate Array with Internal Phase-Locked Loop', expands the company's High Frequency Trading (HFT) Patent Portfolio to include 11 issued U.S. patents.
The HFT Patent Portfolio, acquired in March 2022, now comprises 11 issued U.S. patents and 2 pending applications. These patents cover advanced technologies used in high frequency trading, including clock domain management technology that provides critical transaction latency gains. The patent terms are expected to extend until 2040.
Network-1 Technologies focuses on acquiring and monetizing high-quality patents. The company's current strategy includes efforts to monetize five patent portfolios, including the HFT portfolio. Notably, Network-1's Remote Power Patent has generated over $188 million in licensing revenue from May 2007 through June 30, 2024.
Network-1 Technologies, Inc. (NYSE American:NTIP) announced that its subsidiary, HFT Solutions, , has been granted U.S. Patent No. 12,107,587 for Field Programmable Gate Array with Internal Phase-Locked Loop. This patent is part of the HFT Patent Portfolio acquired in March 2022, which now includes 10 issued U.S. patents and 3 pending applications. The portfolio focuses on high frequency trading technologies, particularly custom FPGA hardware and clock domain management for critical transaction latency gains.
The HFT Patent Portfolio's terms are expected to extend until 2040. Network-1 Technologies, engaged in intellectual property acquisition and monetization, now owns 103 U.S. patents and 16 international patents covering various technologies. The company's strategy involves monetizing five patent portfolios, including the HFT portfolio. Notable success includes generating over $188 million in licensing revenue from its Remote Power Patent and $47.15 million from its Mirror Worlds Patent Portfolio.
Network-1 Technologies, Inc. (NYSE American: NTIP) has announced a semi-annual cash dividend of $0.05 per common share. The dividend is payable on September 26, 2024 to stockholders of record as of September 12, 2024. This decision is part of Network-1's dividend policy, which is subject to periodic review and potential changes based on the company's earnings, financial requirements, and other factors.
Network-1 is a company focused on developing, licensing, and protecting intellectual property. It currently owns 102 U.S. patents and 16 international patents covering various technologies in telecommunications, data networking, document stream operating systems, media content identification, and high-frequency trading. The company's strategy involves pursuing licensing opportunities for its intellectual property, with a focus on acquiring high-quality patents.
Network-1 Technologies, Inc. (NYSE American:NTIP) reported financial results for Q2 2024. Key points include:
- Revenue of $100,000 for Q2 and H1 2024, down from $283,000 and $820,000 in the same periods of 2023
- Net loss of $658,000 ($0.03 per share) for Q2 2024, compared to a net loss of $476,000 ($0.02 per share) in Q2 2023
- Cash and cash equivalents of $42,599,000 as of June 30, 2024
- Repurchased 373,701 shares at an average price of $1.84 in Q2 2024
- Continued semi-annual dividend of $0.05 per share
The company focuses on acquiring and monetizing intellectual property, with 102 U.S. patents and 16 international patents in various technology areas.
Network-1 Technologies, Inc. (NTIP) reported no revenue for Q1 2024, a decrease from $537,000 in Q1 2023 due to patent settlement. The company had a net loss of $920,000 compared to $623,000 in the same period last year. Despite losses, Network-1 holds cash and marketable securities totaling $43,394,000 and maintains a Share Repurchase Program. The company continues to pay semi-annual dividends of $0.05 per share.