secwatch.observer — SEC 8-K summary
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Issuer:     NETWORK-1 TECHNOLOGIES, INC. (NTIP)
CIK:        0001065078
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001072613-24-000474
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Network-1 reports zero revenue in Q1 2024; net loss $0.04 per share
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- Revenue $0 vs $537k in Q1 2023; net loss $920k ($0.04) vs $623k ($0.03) YoY.
- Excluding ILiAD loss, loss of $292k vs income of $51k a year ago.
- Cash and equivalents $43.4M; working capital $43.1M.
- Repurchased 83,744 shares at avg $2.17; remaining authorization $4.2M.
- Semi-annual dividend $0.05 paid Mar 29, 2024; policy under periodic review.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000474/0001072613-24-000474-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000474/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001072613-24-000474

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