Network-1 Reports First Quarter 2022 Results
Network-1 Technologies, Inc. (NTIP)
NASDAQ:AMEX Investor Relations:
ir.network-1.com
Company Research
Source: Accesswire
NEW CANAAN, CT / ACCESSWIRE / May 16, 2022 / Network-1 Technologies, Inc. (NYSE American:NTIP), a company engaged in the acquisition, development, licensing, and monetization of intellectual property assets, today announced financial results for the quarter ended March 31, 2022.Network-1 had no revenue for the three months ended March 31, 2022, as compared to revenue of $18,692,000 for the three months ended March 31, 2021. The revenue of $18,692,000 for the three months ended March 31, 2021 was from the resolution of a contractual dispute with Cisco Systems, Inc. concerning the licensing of Network-1's Remote Power Patent.Network-1 reported a net loss of $1,312,000 or $(0.05) per share basic and diluted for the three months ended March 31, 2022 compared with net income of $9,451,000 or $0.39 per share basic and $0.38 per share diluted for the three months ended March 31, 2021. The net loss of $1,312,000 for the three months ended March 31, 2022 was due to no revenue for such period.A
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NTIP
Sec Filings
- 3/26/24 - Form 4
- 3/13/24 - Form 8-K
- 3/8/24 - Form 10-K
- NTIP's page on the SEC website