Parkervision Stock Price, News & Analysis

ParkerVision, Inc. (OTCQB:PRKR) announced it has filed an appellate brief with the United States Court of Appeals for the Federal Circuit regarding its case against Qualcomm. The brief challenges the district court's rulings on three key issues: the denial of receiver claims, limitations on defending patent validity, and the striking of ParkerVision's expert report. The company argues that these decisions significantly undermine their case and hopes to have the final judgment reversed, allowing for a trial. CEO Jeffrey Parker expressed disappointment over the rulings and emphasized the rationale behind their appeal.

ParkerVision (OTCQB:PRKR) announced recent court rulings regarding its patent infringement cases, including a ruling on willful infringement against Intel. The Texas court issued a favorable claim construction order in its case against LG Electronics, aligning with previous decisions. Additionally, a trial date set for Hisense and TCL is February 13, 2023. However, the Patent Trial and Appeal Board ruled that all claims of the '108 Patent are unpatentable, impacting ParkerVision's case against Intel.

ParkerVision (OTCQB:PRKR) reported a net income of $0.3 million for Q1 2022, a notable recovery from a net loss of $2.5 million in Q1 2021. This turnaround was driven primarily by a $2.3 million gain related to contingent payment obligations. Operating cash usage decreased to approximately $0.9 million, down from $5.0 million in the prior year. The company is actively pursuing legal actions against Intel and Qualcomm, with upcoming court dates in December 2022 and Fall 2023. Additionally, ParkerVision completed a sale of $0.3 million in convertible notes, bolstering its financial position.

ParkerVision (OTCQB:PRKR) announced its 2021 financial results on March 29, 2022, reporting a net loss of $12.3 million compared to $19.6 million in 2020, a 37% decrease. The company achieved licensing revenue of $144,000 while managing to reduce litigation costs. However, a recent summary judgment ruled against ParkerVision in its patent case against Qualcomm, prompting an appeal. Ongoing patent enforcement actions against Intel and other companies continue, with trials scheduled for 2022 and 2023.

ParkerVision, Inc. (OTCQB:PRKR) announced that the U.S. District Court in the Middle District of Florida ruled in favor of Qualcomm on a motion for non-infringement regarding three patents in the ongoing case ParkerVision v. Qualcomm. The court's sealed order stated that Qualcomm does not infringe the asserted claims, allowing ParkerVision to appeal the decision. CEO Jeffrey Parker expressed disappointment that the case won't be presented to a jury but remains optimistic about the appeal process. This is a significant legal setback for ParkerVision in its infringement claims against Qualcomm.

ParkerVision, Inc. (OTCQB:PRKR) announced a significant ruling from the District Court in Orlando regarding its patent infringement case against Qualcomm. The court granted Qualcomm's motion to strike, which excludes the opinions of ParkerVision's expert witnesses on infringement and validity. This order, sealed for attorney's eyes only, limits ParkerVision's ability to present key evidence in the trial. CEO Jeffrey Parker expressed concern over the implications of this decision, highlighting ongoing motions, including motions for summary judgment.

ParkerVision, Inc. (OTCQB:PRKR) announced a favorable ruling from the Patent Trial and Appeal Board (PTAB) regarding its patents in a dispute with Intel Corporation. The PTAB upheld all seven challenged claims of ParkerVision's ‘474 Patent while rejecting one claim of the ‘444 Patent. Despite this setback, ParkerVision's CEO stated that the outcome should not adversely affect their legal standing against Intel or other parties. Currently, ParkerVision has several ongoing patent infringement cases in the Western District of Texas, with a decision on another patent expected in July 2022.

ParkerVision director Paul Rosenbaum announced plans to repurchase shares of the company's stock after selling approximately 100,000 shares for year-end tax purposes. This move aims to restore his holdings, which currently amount to about 2 million shares. Rosenbaum emphasized adherence to insider trading policies, which govern the timing and manner of trading. This development reflects confidence in the company's future and may positively influence investor sentiment.