---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-23-000344"
form_type: "8-K"
ticker: "NTIP"
cik: "0001065078"
company_name: "NETWORK-1 TECHNOLOGIES, INC."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:08:16.613965+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Network-1 Q1 2023 revenue $537K from patent settlement; net loss narrows to $623K

## Summary
- Revenue $537K vs $0 in Q1 2022; derived from settlement of Remote Power Patent lawsuits.
- Net loss $623K ($0.03/shr) compared to $1.31M ($0.05/shr) in Q1 2022.
- Cash and marketable securities $46.8M; working capital $45.9M; sufficient for foreseeable future.
- Share repurchases during Q1: 136,785 shares at $2.21 avg; $3.1M remaining under program.
- Semi-annual $0.05 dividend paid March 31, 2023; policy unchanged at $0.10 annual rate.

## SEC filing metadata
- accession: 0001072613-23-000344
- form_type: 8-K
- ticker: NTIP
- cik: 0001065078
- company_name: NETWORK-1 TECHNOLOGIES, INC.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065078/000107261323000344/0001072613-23-000344-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065078/000107261323000344/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-23-000344
- JSON: https://secwatch.observer/filing/0001072613-23-000344.json
- Plain text: https://secwatch.observer/filing/0001072613-23-000344.txt

## Key facts
- Earnings Releases
  NETWORK-1 TECHNOLOGIES, INC. reported financial results for quarter ended March 31, 2023.
  - Period: quarter ended March 31, 2023
  - Result: reported results
  source text: Network-1 had revenue of $537,000 for the three months ended March 31, 2023, as compared to no revenue for the three months ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065078/000107261323000344/0001072613-23-000344-index.htm
- Earnings Releases
  NETWORK-1 TECHNOLOGIES, INC. reported financial results for quarter ended March 31, 2023.
  - Period: quarter ended March 31, 2023
  - Result: reported results
  source text: Network-1 reported a net loss of $623,000 or $0.03 per share basic and diluted for the three months ended March 31, 2023 compared with a net loss of $1,312,000 or $0.05 per share basic and diluted for the three months ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065078/000107261323000344/0001072613-23-000344-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.