ParkerVision reports Q3 net loss of $10.8M; CAFC rules favorably in Qualcomm case

PARKERVISION INC

2024-Q3 EPS reported -$0.13

Net loss of $10.8M ($0.12/share) for Q3 2024 vs $3.9M loss in Q3 2023.
Non-cash $9.7M charge for fair value change of contingent payment obligations tied to Qualcomm case.
CAFC reversed district court; Qualcomm patent case remanded for trial in Middle District of Florida.
Company now has 13 patent infringement cases; four jury trials scheduled in W.D. Texas for 2025.
Cash used in operations $2.1M for 9 months; cash balance $0.8M at quarter end.

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