Network 1 Tech | 8-K: FY2025 Q2 Revenue: USD 0

LB filings

2025.08.12 18:06

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Revenue: As of FY2025 Q2, the actual value is USD 0.

EPS: As of FY2025 Q2, the actual value is USD -0.02.

EBIT: As of FY2025 Q2, the actual value is USD -253 K.

Segment Revenue

Network-1 Technologies, Inc. reported no revenue for the three months ended June 30, 2025, and revenue of $150,000 for the six months ended June 30, 2025, compared to revenue of $100,000 for the same periods in 2024. Revenue was derived from litigation settlements involving Network-1’s Remote Power Patent.

Operational Metrics

Net Loss: Network-1 reported a net loss of - $463,000, or - $0.02 per share basic and diluted, for the three months ended June 30, 2025, compared to a net loss of - $658,000, or - $0.03 per share basic and diluted, for the same period in 2024.
Operating Loss: The operating loss for the three months ended June 30, 2025, was - $720,000, compared to - $624,000 for the same period in 2024.
Total Operating Expenses: Total operating expenses for the three months ended June 30, 2025, were $720,000, compared to $724,000 for the same period in 2024.

Cash Flow

As of June 30, 2025, Network-1 had cash and cash equivalents and marketable securities totaling $38,485,000 and working capital of $38,288,000.

Unique Metrics

Network-1 commenced patent litigation against Samsung Electronics Co., LTD and Samsung Electronics America, Inc. for infringement of certain patents within Network-1’s M2M/IoT Patent Portfolio.
Network-1 acquired a patent portfolio from IoT and M2M Technologies, LLC, relating to enabling technology to support the interoperability of smart home IoT devices.

Outlook / Guidance

Network-1 believes it has sufficient resources to fund operations for the next twelve months and the foreseeable future based on its current cash position. The company continues to pay dividends consistent with its dividend policy, which consists of semi-annual cash dividends of $0.05 per share. The Share Repurchase Program was extended and increased to repurchase up to $5,000,000 of common stock over the subsequent 24-month period.