secwatch.observer — SEC 8-K summary
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Issuer:     NETWORK-1 TECHNOLOGIES, INC. (NTIP)
CIK:        0001065078
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001072613-24-000302
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Network-1 announces new U.S. patent for eSIM authentication; M2M/IoT portfolio now 51 patents
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- U.S. Patent No. 11,916,893 issued for embedded SIM (eSIM) two-factor authentication technology.
- M2M/IoT patent portfolio expanded to 51 patents (37 U.S. issued, 14 non-U.S. issued).
- Total eSIM device shipments in 2022 reached approximately 427 million units, per Trusted Connectivity Alliance.
- Patent terms for the portfolio currently extend until 2033-2034; further issuances expected.
- Company's Remote Power Patent has generated over $187M in licensing revenue through Sept 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000302/0001072613-24-000302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000302/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001072613-24-000302

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