10-Q · November 6, 2025
Network-1 reported no revenue in Q3 2025 (Q3 revenue $0) while year-to-date revenue rose to $150,000 from $100,000 a year ago. Q3 operating loss narrowed to $800,000 from $896,000 in Q3 2024, but Q3 net loss widened to…
Earnings analysis · 10-Q
NTIP earnings analysis
Filed May 8, 2026 · Our reading of the company's report
The latest report
Network-1 Technologies, Inc. reported no revenue for Q1 2026, a decrease from $150,000 in the prior year. Gross and operating margins remained unchanged at 0% as the company incurred significant operating expenses of…
Read full summary
Network-1 Technologies, Inc. reported no revenue for Q1 2026, a decrease from $150,000 in the prior year. Gross and operating margins remained unchanged at 0% as the company incurred significant operating expenses of $1,415,000—a $620,000 increase year-over-year. The net loss widened to $511,000, with an EPS of -$0.02, consistent with previous periods.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.02
- Operating margin
- 0%
What stood out
-
No Revenue for Q1 2026
The company reported $0 in revenue compared to $150,000 in Q1 2025.
-
Increased Operating Expenses
Operating expenses rose to $1,415,000 in Q1 2026 from $795,000 in Q1 2025.
-
Gain on Equity Investment
Recognized a gain of $1,052,000 on equity investment in ILiAD.
-
Cash Position
Cash and cash equivalents decreased from $13,402,000 to $8,610,000.
-
Working Capital Decline
Working capital dropped to $33,674,000 from $36,336,000 at year-end 2025.
-
Consistent EPS
EPS remained at -$0.02 for both Q1 2026 and Q1 2025.
What to watch
-
No Revenue Generation
The absence of revenue for Q1 2026 raises concerns over the monetization strategy.
-
Increased Litigation Expenses
Operating expenses increased significantly due to $625,000 in litigation-related costs.
-
Future Revenue Dependency
Future revenue hinges on the success of pending litigations and patent monetization efforts.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-Q · August 8, 2025
Network-1 reported Q2 2025 revenue of $0 (vs. $100,000 in Q2 2024) and a net loss of $463,000 (EPS $(0.02)), an improvement from a $658,000 loss (EPS $(0.03)) in Q2 2024. Operating loss widened slightly in Q2 to…
10-Q · May 9, 2025
Network-1 reported $150,000 of revenue in Q1 2025 (vs $0 in Q1 2024) and a reduced net loss of $363,000 (Q1 2024: $920,000), driving EPS improvement to $(0.02) from $(0.04). Operating loss remained large at $(645,000)…
10-K · February 28, 2025
Network-1 is a patent licensing company focused on monetizing five patent portfolios (Remote Power, Mirror Worlds, Cox, M2M/IoT, HFT). The 10-K shows a concentrated, litigation-driven revenue model (100% of 2024 revenue…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.