---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-23-000532"
form_type: "8-K"
ticker: "NTIP"
cik: "0001065078"
company_name: "NETWORK-1 TECHNOLOGIES, INC."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T13:12:33.698594+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Network-1 Q3 net loss $810k ($0.03/sh) vs prior-year net income $2.2M ($0.09/sh); zero revenue

## Summary
- Revenue for Q3 2023 and Q3 2022 was $0; nine-month 2023 revenue $820k from patent settlements.
- Net loss $810k ($0.03) vs net income $2.2M ($0.09) in Q3 2022; nine-month loss $1.9M ($0.08).
- Cash and marketable securities $44.6M; working capital $44.3M; expects sufficient cash for 12+ months.
- Board extended share repurchase to $5M; Q3 repurchased 163k shares at avg $2.27.
- Semi-annual dividend $0.05/share ($0.10 annual) maintained; Sept 2023 dividend paid.

## SEC filing metadata
- accession: 0001072613-23-000532
- form_type: 8-K
- ticker: NTIP
- cik: 0001065078
- company_name: NETWORK-1 TECHNOLOGIES, INC.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065078/000107261323000532/0001072613-23-000532-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065078/000107261323000532/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-23-000532
- JSON: https://secwatch.observer/filing/0001072613-23-000532.json
- Plain text: https://secwatch.observer/filing/0001072613-23-000532.txt

## Key facts
- Earnings Releases
  NETWORK-1 TECHNOLOGIES, INC. reported quarter ended September 30, 2023 results: net income -810000, EPS -0.03.
  - Period: quarter ended September 30, 2023
  - Net income: -810000
  - EPS: -0.03
  - Result: reported results
  source text: Network-1 had no revenue for the three month periods ended September 30, 2023 and 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065078/000107261323000532/0001072613-23-000532-index.htm
- Earnings Releases
  NETWORK-1 TECHNOLOGIES, INC. reported quarter ended September 30, 2023 results: net income -810000, EPS -0.03.
  - Period: quarter ended September 30, 2023
  - Net income: -810000
  - EPS: -0.03
  - Result: reported results
  source text: Network-1 realized a net loss of $810,000 or $0.03 per share basic and diluted for the three months ended September 30, 2023 compared with net income of $2,226,000 or $0.09 per share basic and diluted for the three months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065078/000107261323000532/0001072613-23-000532-index.htm

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