secwatch.observer — SEC 8-K summary
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Issuer:     NETWORK-1 TECHNOLOGIES, INC. (NTIP)
CIK:        0001065078
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001072613-23-000433
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Network-1 Q2 revenue $283K from patent settlements, net loss narrows to $476K
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- Revenue $283K from Remote Power Patent lawsuit settlements; Q2 2022 had $0 revenue.
- Net loss $476K ($0.02/share) vs $1.532M ($0.06/share) in Q2 2022; six-month loss $1.099M.
- Cash and marketable securities $46.37M, working capital $45.884M.
- Board extended share repurchase program to $5M over 24 months; bought 11,495 shares at avg $2.23.
- Semi-annual dividend $0.05/share ($0.10 annual); next payment expected September 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065078/000107261323000433/0001072613-23-000433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065078/000107261323000433/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001072613-23-000433

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer