secwatch.observer — SEC 8-K summary
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Issuer:     NETWORK-1 TECHNOLOGIES, INC. (NTIP)
CIK:        0001065078
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001072613-24-000923
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Network-1 Technologies awarded new U.S. patent; M2M/IoT portfolio now 55 patents worldwide
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- U.S. Patent No. 12,166,869 covers key derivation for eSIM authentication in IoT, M2M, and mobile devices including autos.
- M2M/IoT Patent Portfolio includes 40 issued U.S. patents (7 pending) and 15 non-U.S. patents; term extends to 2033-2034.
- eSIM profile downloads increased 109% in 2023; total eSIM device shipments approximated 374 million units per TCA.
- Network-1's Remote Power Patent has generated over $188M in licensing revenue from May 2007 to Sept 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000923/0001072613-24-000923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000923/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001072613-24-000923

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