Network-1 reports 2024 revenue of $100K, net loss of $3.03M

NETWORK-1 TECHNOLOGIES, INC.

Revenue fell 96% to $100K from $2.6M in 2023, all from Remote Power Patent settlements.
Net loss widened to $3.03M ($0.13 per share) from $1.46M ($0.06 per share) in 2023.
Operating expenses decreased $1.1M primarily due to lower litigation costs.
Cash, equivalents and marketable securities $40.6M; working capital $40.1M at Dec 31, 2024.
Repurchased 733,436 shares for ~$1.27M in 2024; semi-annual dividend unchanged at $0.05/share.

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