Highest-materiality recent filing
Network-1 subsidiary dismisses patent lawsuit against Jump Trading without prejudice
HFT Solutions, LLC dismissed without prejudice its patent infringement lawsuit against Jump Trading, LLC in the Northern District of Illinois.
Network-1 Technologies adopts 10b5-1 plan to repurchase up to 500,000 shares
Board authorized a 10b5-1 trading plan for share repurchases.
Revenue of $0 (vs $150k YoY); net loss of $511k ($0.02 per share).
Federal Circuit overturns non-infringement ruling on Network-1's '237 Patent against Google
Federal Circuit reversed District Court's non-infringement judgment for '237 Patent related to Google's Content ID system.
Network-1 2025 revenue $150K, net loss narrows to $2.42M; ILiAD financing closes
Revenue from settlement agreements was $150,000 in 2025 vs $100,000 in 2024.
Network-1 declares $0.05 semi-annual dividend, payable March 30, 2026
Semi-annual cash dividend of $0.05 per common share declared.
Network-1 Technologies adopts 10b5-1 plan to repurchase up to 1M shares
Board authorized and company entered into a Rule 10b5-1 trading plan for share repurchases.
Network-1 Q3 net loss $560k (-$0.02 EPS); no revenue; launches HFT patent suit vs Optiver
Net loss of $560k (-$0.02/share) vs $316k (-$0.01) in Q3 2024, driven by equity investee loss of $354k.
Network-1 Technologies amends 8-K to disclose stockholder ratification of auditor at annual meeting
All four director nominees (Corey Horowitz, Jonathan Greene, Allison Hoffman, Niv Harizman) elected with 10.1M to 9.8M votes for.
Network-1 shareholders elect all four directors, approve Say on Pay, ratify Marcum
Corey Horowitz, Jonathan Greene, Allison Hoffman, Niv Harizman elected as directors; Horowitz received 10.1M 'for' votes.
Network-1 subsidiary HFT Solutions files patent suit against Optiver US over FPGA trading patents
HFT Solutions sued Optiver US LLC and Optiver Trading US LLC in W.D. Texas.
Network-1 Technologies declares $0.05 semi-annual dividend payable Sept 29
Board declared semi-annual cash dividend of $0.05 per common share.
Network-1 posts Q2 2025 revenue $0, net loss $463k; sues Samsung for patent infringement
Revenue $0 for Q2 2025 vs $100k a year ago; H1 revenue $150k from Remote Power Patent settlements.
Filed patent infringement suit against Samsung in E.D. Texas over six eSIM/5G patents.
Network-1 extends share repurchase program by $5M over next two years
Board authorized up to $5M in repurchases over next two years under existing program.
Network-1 Q1 net loss narrows to $363K; acquires Smart Home patent portfolio
Revenue $150K from Remote Power Patent litigation settlement; operating expenses down $123K.
Network-1 acquires advanced security patent portfolio including 8 US patents, 1 international patent
Portfolio includes 8 issued US patents, 11 pending US apps, 5 pending int'l apps; filed as early as 2018, terms to 2038.
Network-1 reports 2024 revenue of $100K, net loss of $3.03M
Revenue fell 96% to $100K from $2.6M in 2023, all from Remote Power Patent settlements.
Network-1 declares $0.05 semi-annual dividend, payable March 28, 2025
Semi-annual cash dividend of $0.05 per common share declared by Board on Feb 19, 2025.
Network-1 sues Citadel Securities and Jump Trading for HFT patent infringement
Subsidiary HFT Solutions filed suit in Northern District of Illinois against Citadel Securities and Jump Trading.
Network-1 Technologies adopts 10b5-1 plan to repurchase up to 1,000,000 shares
Board authorized a written 10b5-1 plan for share repurchases via a third-party broker.
Network-1 Technologies awarded new U.S. patent; M2M/IoT portfolio now 55 patents worldwide
U.S. Patent No. 12,166,869 covers key derivation for eSIM authentication in IoT, M2M, and mobile devices including autos.
Network-1 engages Grassi & Co. as new auditor after Marcum resignation
Marcum LLP resigned on Nov 13, 2024 due to conflict of interest from CBIZ acquisition.
U.S. Court of Appeals for the Federal Circuit affirmed district court judgment on Dec. 4, 2024.
Marcum LLP resigns as Network-1 auditor due to conflict from CBIZ acquisition
Marcum resigned on Nov 13, 2024, citing conflict of interest from its acquisition by CBIZ.
Network-1 Q3 net loss $316K, no revenue; cash $41.5M
Q3 net loss $316K ($0.01/sh) vs loss $810K ($0.03) a year ago; no revenue in either quarter.
Network-1 subsidiary issued U.S. Patent No. 12,113,539; HFT portfolio grows to 11 issued patents
New patent covers FPGA with internal phase-locked loop for high-frequency trading latency gains.
Network-1 Technologies to hold annual advisory vote on exec compensation through 2030
Shareholders voted for an annual advisory vote on named executive officer compensation, as recommended by the board.
Network-1 subsidiary receives new HFT patent, expanding portfolio to 10 issued U.S. patents
USPTO issued Patent No. 12,107,587 covering FPGA with internal phase-locked loop for high-frequency trading.
Network-1 Tech annual meeting results: directors elected, say-on-pay approved, auditor ratified
Corey M. Horowitz, Jonathan Greene, Allison Hoffman, Niv Harizman elected as directors; Horowitz received 12.3M for.
Network-1 Technologies declares $0.05 per share semi-annual dividend payable Sept 26, 2024
Semi-annual cash dividend of $0.05 per common share declared.
Network-1 Q2 revenue falls to $100K; net loss per share $0.03 vs $0.02 year ago
Revenue of $100,000 for Q2 and H1 2024, down from $283,000 and $820,000 year ago, from Remote Power Patent lawsuit settlement.
Director Emanuel Pearlman will not stand for re-election at 2024 annual meeting
Pearlman notified company on July 18, 2024, of his decision not to stand for re-election.
Network-1 adopts 10b5-1 plan to repurchase up to 1M shares
Board authorized 10b5-1 trading plan for repurchase of up to 1,000,000 common shares.
Network-1 appeals dismissal of patent case against Google; three patents at issue
Filed notice of appeal to U.S. Court of Appeals for the Federal Circuit on May 14, 2024.
Network-1 reports zero revenue in Q1 2024; net loss $0.04 per share
Revenue $0 vs $537k in Q1 2023; net loss $920k ($0.04) vs $623k ($0.03) YoY.
Court dismisses Network-1 patent claims against Google/YouTube; patents invalid, non-infringement
U.S. District Court for SDNY granted judgment dismissing Network-1's patent infringement claims against Google and YouTube.
Network-1 reports 2023 revenue of $2.6M from patent settlements; net loss narrows to $1.46M
Revenue of $2.6M from Remote Power Patent settlement agreements vs no revenue in 2022.
Network-1 announces new U.S. patent for eSIM authentication; M2M/IoT portfolio now 51 patents
U.S. Patent No. 11,916,893 issued for embedded SIM (eSIM) two-factor authentication technology.
Network-1 declares $0.05 semi-annual dividend payable March 29, 2024
Semi-annual cash dividend of $0.05 per share declared by Board on Feb 23, 2024.
Network-1 Technologies adopts 10b5-1 plan for up to 1M share repurchase
Board authorized a 10b5-1 plan to repurchase up to 1,000,000 shares of common stock.
Network-1 Q3 net loss $810k ($0.03/sh) vs prior-year net income $2.2M ($0.09/sh); zero revenue
Revenue for Q3 2023 and Q3 2022 was $0; nine-month 2023 revenue $820k from patent settlements.
Network-1 Tech annual meeting: directors elected, say-on-pay approved, auditor ratified
Elected directors: Horowitz 12.6M for, Greene 12.5M for, Pearlman 10.9M for, Harizman 8.5M for, Hoffman 11.3M for.
Network-1 declares $0.05 semi-annual cash dividend payable Sept 29, 2023
Declared semi-annual cash dividend of $0.05 per share; record Sept 19, payment Sept 29.
Network-1's investee ILiAD reports positive Phase 2b results for pertussis vaccine BPZE1
ILiAD's BPZE1 intranasal vaccine met primary endpoint protecting against B. pertussis colonization (p=0.03) in CHAMPION-1 study.
Network-1 receives new eSIM patent, expands M2M/IoT portfolio to 50 patents worldwide
USPTO issued Patent No. 11,736,283 for key derivation in embedded UICC (eSIM) technology.
Network-1 Q2 revenue $283K from patent settlements, net loss narrows to $476K
Revenue $283K from Remote Power Patent lawsuit settlements; Q2 2022 had $0 revenue.
Network-1 Technologies adopts 10b5-1 plan to repurchase up to 1M shares
Board authorized 10b5-1 plan for repurchase of up to 1,000,000 common shares.
Network-1 extends share repurchase program by $5M over two years
Board approved extension authorizing up to $5M in share repurchases over next two years.
Network-1 Q1 2023 revenue $537K from patent settlement; net loss narrows to $623K
Revenue $537K vs $0 in Q1 2022; derived from settlement of Remote Power Patent lawsuits.
On July 18, 2024, Emanuel Pearlman notified Network-1 Technologies, Inc.( the “ Company”) of his decision not to stand for re-election as a director at the Company’s 2024 annual meeting of stockholders.
Effective December 21, 2022, the Board of Directors of Network-1 Technologies, Inc. (the “Company”) elected Robert Mahan as the Company’s new Chief Financial Officer following David Kahn’s retirement.
Effective December 21, 2022, the Board of Directors of Network-1 Technologies, Inc. (the “Company”) elected Robert Mahan as the Company’s new Chief Financial Officer following David Kahn’s retirement.
Max materiality 0.85 · Median 0.50 · Most common event other_material