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) is a NYSE American-listed company that focuses on the acquisition, development, licensing and protection of intellectual property and proprietary technologies. Its news flow is closely tied to patent portfolio developments, licensing activity, litigation updates and capital allocation decisions, rather than traditional product launches or manufacturing milestones.
Company press releases emphasize Network-1’s efforts to monetize several defined patent portfolios, including its M2M/IoT, HFT, Cox and Smart Home portfolios, as well as historical licensing performance from its Remote Power Patent and Mirror Worlds Patent Portfolio. News items frequently highlight new patent acquisitions, such as portfolios covering interoperability of smart home IoT devices, advanced security against quantum computers and Internet transport layer security, along with updates on the size and term of its U.S. and international patent holdings.
Investors following NTIP news can expect regular updates on patent litigation filed in U.S. federal courts, including cases against technology and trading firms over alleged infringement of eSIM, 5G and high frequency trading patents. Earnings releases provide detail on revenue from litigation settlements, operating expenses, net income or loss, and the company’s liquidity position, including cash, cash equivalents and marketable securities.
Network-1 also issues announcements on its semi-annual dividend declarations, its Share Repurchase Program and related Rule 10b5-1 trading plans, which authorize brokers to repurchase shares within specified parameters. For investors and observers interested in intellectual property monetization, patent enforcement activity and related financial results, this news page offers an organized view of Network-1’s public communications over time.
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Network-1 Technologies (NYSE: NTIP) reported financial results for the year ending December 31, 2022, showing no revenue, a stark contrast to $36 million from settlements in 2021. The company incurred a net loss of $2.3 million or $0.10 per share, down from a net income of $14.3 million or $0.59 per share in the previous year. Despite the losses, Network-1 holds $48.4 million in cash and marketable securities, indicating sufficient liquidity for future operations. Key developments included $43 million financing for ILiAD Biotechnologies, resulting in an unrealized gain of $3.9 million. The company repurchased 228,530 shares of its stock for approximately $531,000 in 2022.
Network-1 Technologies (NYSE American: NTIP) has declared a semi-annual cash dividend of $0.05 per common share, payable on March 31, 2023, to shareholders on record as of March 15, 2023. This announcement aligns with the company's dividend policy, which is periodically reviewed by its Board of Directors and may change based on various factors, including earnings and financial requirements. Network-1 is engaged in developing and licensing intellectual property, holding 97 U.S. patents across telecommunications and data networking technologies. The company has generated over $187 million in licensing revenue from its Remote Power Patent since May 2007.
Network-1 Technologies, Inc. (NYSE American: NTIP) announced the issuance of U.S. Patent No. 11,575,381 by the U.S. Patent and Trademark Office, enhancing its HFT Patent Portfolio. This patent pertains to advanced technologies in high-frequency trading using field-programmable gate array hardware, which is crucial for reducing transaction latency. The portfolio now includes nine issued patents and two pending applications, with patent terms extending to 2039. Network-1 focuses on monetizing its intellectual property, which has previously generated significant licensing revenue, including over $187 million from the Remote Power Patent.