Parkervision Stock Price, News & Analysis

ParkerVision, Inc. (OTCQB:PRKR), a developer of radio frequency technologies, has resolved its patent infringement litigation against Zyxel Communications on mutually agreeable terms, including a patent license. This agreement allows ParkerVision to terminate the proceedings initiated in October 2020 concerning Zyxel's use of WiFi chips. The proceeds from this resolution will fund legal expenses. CEO Jeffrey Parker expressed optimism about securing additional licenses for their technologies in the future, highlighting the ongoing patent enforcement actions against other companies, including Intel and LG.

ParkerVision reported a second-quarter net loss of $4.4 million, or $0.06 per share, up from a $3.6 million loss in Q2 2020. The first half of 2021 saw a 40% reduction in net loss to $6.9 million, thanks to lower litigation expenses. The company received a favorable Markman ruling in its infringement case against Intel, splitting the first trial into two scheduled for 2022. Additionally, a patent license agreement was reached with Buffalo, and a new complaint was filed against LG Electronics. ParkerVision aims to clarify patent rights through ongoing litigation.

ParkerVision, Inc. (OTCQB:PRKR) announced a favorable outcome in its patent infringement case against Intel, with the U.S. District Court for the Western District of Texas concluding its Markman hearings. The court ruled in favor of ParkerVision's claim constructions for most terms in dispute, reinforcing the company's confidence in proving patent validity and infringement. This marks the second favorable ruling this year against Intel, following a similar decision in January. ParkerVision is also pursuing pending actions against additional companies, including TCL and LG.

ParkerVision, Inc. (OTCQB:PRKR) announced the successful resolution of its patent infringement litigation against Buffalo, Inc. on confidential terms, including a patent license. This litigation, initiated in October 2020, pertained to Buffalo's use of WiFi chips. ParkerVision will file a motion to terminate proceedings in Texas, and proceeds will cover legal expenses. The company's chairman emphasized a commitment to innovation, highlighting over $100 million in R&D investment underpinning its wireless technologies now embedded in billions of chips across various applications.

ParkerVision, Inc. (OTCQB:PRKR) announced its financial results for Q1 2021, reporting a net loss of $2.5 million, a significant decrease from $7.9 million in Q1 2020. The reduced litigation expenses contributed to this improvement. ParkerVision raised $5.6 million through the sale of debt and equity securities in the quarter. The company is actively pursuing infringement cases against Intel, Qualcomm, and others, with upcoming trial proceedings scheduled. CEO Jeffrey Parker expressed optimism about the ongoing legal efforts and the company’s strengthened balance sheet.

ParkerVision, Inc. has reported its financial results for 2020, noting a net loss of $19.6 million, or $0.42 per share, compared to $9.5 million in 2019. The company continues its legal battles, including a favorable ruling in its infringement case against Intel, and is seeking $1.3 billion in damages from multiple entities, including Qualcomm. In Q1 2021, ParkerVision raised $5.6 million through debt and equity sales, improving its liquidity position. The company aims to refocus on innovation after ongoing patent enforcement issues that have hindered development.

ParkerVision, Inc. (OTCQB:PRKR) announced a delay in its patent infringement trial against Qualcomm, originally set for July 2021, now pushed to November or December due to court backlogs from the pandemic. On March 29, 2021, the company raised approximately $3.6 million through the sale of common stock and warrants at $1.29 per share, primarily to satisfy litigation obligations. CEO Jeffrey Parker expressed disappointment over the trial delay but remains optimistic about ongoing licensing efforts and the company’s investor support.

ParkerVision, Inc. (OTCQB:PRKR) has filed patent infringement complaints against Zyxel Communications and Buffalo Corporation in Texas. The lawsuits seek a jury trial to assess financial damages for the unauthorized use of ParkerVision's patented RF technologies in their wireless products. CEO Jeffrey Parker stated their commitment to protecting their innovations, while expressing hope for a resolution outside of court. ParkerVision's extensive R&D investment focuses on ultra-small semiconductor chips for various wireless communication standards, including 3G, 4G, 5G, and WiFi.

ParkerVision, Inc. (OTCQB:PRKR) filed a patent infringement complaint against Hisense Co., Ltd. and Hisense Visual Technology Co. Ltd. in the Western District of Texas. The lawsuit centers on ten patents related to wireless technologies allegedly violated by Hisense's TVs and products. ParkerVision is seeking financial damages through a jury trial. CEO Jeffrey Parker expressed a preference for a licensed agreement rather than litigation, while Ronald M. Daignault emphasized the significance of ParkerVision's technological innovations.