---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-24-000336"
form_type: "8-K"
ticker: "NTIP"
cik: "0001065078"
company_name: "NETWORK-1 TECHNOLOGIES, INC."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:00:29.253526+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Network-1 reports 2023 revenue of $2.6M from patent settlements; net loss narrows to $1.46M

## Summary
- Revenue of $2.6M from Remote Power Patent settlement agreements vs no revenue in 2022.
- Net loss of $1.46M ($0.06/share) narrowed from $2.33M ($0.10/share) in 2022.
- Cash and marketable securities $45.5M at year-end; working capital $44.9M.
- Board extended share repurchase program to $5M over 24 months; repurchased 428K shares in 2023 at avg $2.23.
- Semi-annual dividend of $0.05/share continued in 2023 and March 2024.

## SEC filing metadata
- accession: 0001072613-24-000336
- form_type: 8-K
- ticker: NTIP
- cik: 0001065078
- company_name: NETWORK-1 TECHNOLOGIES, INC.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065078/000107261324000336/0001072613-24-000336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065078/000107261324000336/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-24-000336
- JSON: https://secwatch.observer/filing/0001072613-24-000336.json
- Plain text: https://secwatch.observer/filing/0001072613-24-000336.txt

## Key facts
- Earnings Releases
  NETWORK-1 TECHNOLOGIES, INC. reported year ended December 31, 2023 results: revenue $2,601,000, net income net loss of $1,457,000, EPS $0.06 per share basic and diluted.
  - Period: year ended December 31, 2023
  - Revenue: $2,601,000
  - Net income: net loss of $1,457,000
  - EPS: $0.06 per share basic and diluted
  - Result: reported results
  source text: acquiring, developing, licensing, and monetizing intellectual property, today announced financial results for the year ended December 31, 2023. Network-1 had revenue of $2,601,000 for the year ended December 31, 2023 as compared to no revenue in the year ended December 31, 2022. Revenue realized in 2023 was from settlement agreements in litigations related
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065078/000107261324000336/0001072613-24-000336-index.htm

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