Parkervision Stock Price, News & Analysis

ParkerVision (OTCQB:PRKR) announced that Director Sanford Litvack has resigned from the company's Board of Directors and its committees. The company emphasized that Litvack's departure was not related to any disagreements regarding company operations, policies, or practices.

The company will file prospectus supplements on Form 424B3 to update previously effective S-1 Registration Statements, though these filings won't involve issuing new securities. ParkerVision specializes in inventing, developing, and licensing advanced radio-frequency (RF) technologies for wireless communication products and is currently involved in several patent enforcement actions in the U.S.

ParkerVision (OTCQB:PRKR) has filed an S-3 Registration Statement with the SEC to register for resale previously issued common stock and shares underlying existing equity securities. The filing primarily addresses registration obligations related to the December 2024 private placement transactions, with no new security issuances involved.

The company also regularly files Form 424B3 prospectus supplements to update previously effective S-1 Registration Statements following their periodic SEC reports, which also do not involve new security issuances. ParkerVision specializes in inventing, developing, and licensing advanced radio-frequency (RF) technologies for wireless communication products and is currently engaged in multiple patent enforcement actions in the U.S. to protect its intellectual property rights.

ParkerVision (OTCQB:PRKR) reported financial results for 2024, with a net loss of $14.5 million compared to net income of $9.5 million in 2023. The company experienced a significant earnings decrease of $24 million, primarily due to a $25 million reduction in licensing revenue and a $9.5 million non-cash increase in contingent payment obligations.

Key developments include the U.S. Court of Appeals for the Federal Circuit (CAFC) overturning a previous summary judgment, reopening ParkerVision's patent infringement case against Qualcomm for trial. The company has active patent infringement cases against MediaTek, Realtek, Texas Instruments, and NXP Semiconductors, with trials expected in late 2025 and early 2026.

Financial highlights show cash and cash equivalents of $4.9 million as of December 31, 2024, following a December equity financing. Long-term liabilities increased by $8.6 million from 2023 to 2024.

ParkerVision (OTCQB:PRKR) announces increased attention to its Supreme Court petition (No. 24-518) against TCL and LG Electronics, challenging the Federal Circuit's use of one-word affirmances in Patent Trial and Appeal Board appeals. The case has gained significant support, highlighted in the latest Patently Strategic podcast.

Two former Federal Circuit Judges, Paul Michel and Kathleen O'Malley, have publicly backed ParkerVision's position, stating the current practice violates Section 144 of the Patent Act. The case has received thirteen amici across nine briefs supporting Supreme Court review, including Harvard Law School's Professor Mary Ann Glendon.

Notably, the respondents (TCL and LGE) did not dispute the merits of ParkerVision's core argument regarding the requirement for written opinions in PTO appeals. The Supreme Court is scheduled to consider the petition on March 21st, 2025.

ParkerVision (OTCQB:PRKR) announced that its Supreme Court petition (No. 24-518) challenging the Federal Circuit's use of one-word affirmances in Patent Trial and Appeal Board appeals has gained significant support. The petition argues that these affirmances violate Section 144 of the Patent Act, which requires the court to issue an opinion.

Two former Federal Circuit Judges, Paul Michel and Kathleen O'Malley, have publicly supported ParkerVision's position. The case has received thirteen amici across nine briefs calling for Supreme Court review, including support from Harvard Law School's Professor Mary Ann Glendon. Notably, the respondents (TCL and LGE) did not dispute the merits of ParkerVision's petition in their opposition brief.

The Supreme Court is scheduled to consider the petition on March 21st, 2025. The outcome could significantly impact how patent appeals are handled, potentially ensuring greater transparency and accountability in the U.S. patent system.

ParkerVision (OTCQB:PRKR) has filed a reply brief supporting its Supreme Court petition challenging the Federal Circuit's use of Rule 36 one-word affirmances in Patent Trial and Appeal Board (PTAB) appeals. The case, No. 24-518, against TCL and LG Electronics, argues that these brief affirmances violate Section 144 of the Patent Act, which requires a detailed court opinion.

The petition has received substantial support from thirteen amici across nine briefs, including Harvard Law School's Professor Mary Ann Glendon and former Federal Circuit judges Paul Michel and Kathleen O'Malley. The case focuses on the Federal Circuit's practice of using Rule 36 to affirm PTAB patent invalidations in inter partes review (IPR) proceedings.

The respondents (TCL and LGE) did not dispute the merits of ParkerVision's petition in their opposition brief. The Supreme Court's decision could significantly impact patent appeal procedures, potentially ensuring greater transparency and accountability in the U.S. patent system.

ParkerVision (OTCQB:PRKR) has launched 'Against the Giants,' a four-part video series focusing on its ongoing legal battle against Qualcomm. The series, available on newly created @Against_Giants social media accounts on X (formerly Twitter) and Instagram, aims to provide stakeholders with detailed insights into the litigation and its implications for intellectual property rights and fair competition in the tech industry.

CEO Jeffrey Parker stated that the series intends to present a clear narrative about protecting innovation, with hopes of scheduling a trial in 2025. The first episode is now available on social media, with subsequent episodes planned for release in the coming weeks.

ParkerVision develops and licenses advanced radio-frequency (RF) technologies for wireless communication products and is currently pursuing multiple patent enforcement actions in the U.S. to protect its technologies from alleged infringement.