Earnings ·
Network-1 Technologies reported second quarter 2026 financial results with no revenue for the three and six months…
NTIPNetwork-1 Technologies, Inc.
Network-1 Technologies reported second quarter 2026 financial results with no revenue for the three and six months ended June 30, 2026. Operating expenses increased to $1,013,000 for the quarter and $2,428,000 for the six-month period, driven by higher litigation-related professional fees. The company recorded a net loss of $655,000 ($0.03 per share) for the quarter and $1,166,000 ($0.05 per share) for the six months ended June 30, 2026. A gain of $1,052,000 was recognized from the remeasurement of its investment in ILiAD Biotechnologies following ILiAD's $115 million financing. As of June 30, 2026, the company held $33,752,000 in cash and marketable securities. Network-1 Technologies operates in the intellectual property industry, specializing in the acquisition, development, licensing, and monetization of patent assets.