ParkerVision reports narrowed 2022 loss and $25M patent settlement in Q1 2023

PARKERVISION INC

Net loss for 2022 was $9.8M ($0.13/share), improved from $12.3M ($0.17/share) in 2021.
Revenue increased $0.8M from patent enforcement; cash used in operations fell to $3.0M from $7.7M.
Received $25M gross proceeds from a patent license/settlement agreement reached in Q1 2023.
New patent infringement cases filed in Q4 2022 against MediaTek and Realtek; cases against TCL and LG stayed.
Expects 2023 to be profitable; hearing at Federal Circuit for Qualcomm appeal set for mid-2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PARKERVISION INC reported the year ended December 31, 2022 results: net income $9.8 million, EPS $0.13.

Period: the year ended December 31, 2022
Net income: $9.8 million
EPS: $0.13
Result: reported results

Exact text from the filing

Net loss for 2022 was $9.8 million, or $0.13 per common share, compared to a net loss of $12.3 million, or $0.17 per common share for 2021.

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PARKERVISION INC filing history →

Source: SEC EDGAR

accession 0001437749-23-008179

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