Network-1 Q1 net loss narrows to $363K; acquires Smart Home patent portfolio

NETWORK-1 TECHNOLOGIES, INC.

2025-Q1 EPS reported -$0.02 revenue$150,000

Revenue $150K from Remote Power Patent litigation settlement; operating expenses down $123K.
Net loss $363K ($0.02/sh) vs $920K ($0.04/sh) in Q1 2024; interest/ dividend income $484K.
Acquired Smart Home patent portfolio from IoT and M2M Technologies on Mar 31, 2025.
Cash and marketable securities $39.2M; working capital $38.4M; sufficient liquidity.
Repurchased 106,662 shares at avg $1.38; semi-annual dividend $0.05/sh paid Mar 28.

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