secwatch.observer — SEC 8-K summary
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Issuer:     NETWORK-1 TECHNOLOGIES, INC. (NTIP)
CIK:        0001065078
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001072613-25-000197
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065078/000107261325000197/0001072613-25-000197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065078/000107261325000197/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001072613-25-000197

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