NETWORK-1 TECHNOLOGIES, INC. 8K

Network-1 Technologies, Inc. announced second quarter 2026 results showing no revenue, higher litigation-driven expenses, a GAAP gain from remeasuring its ILiAD investment, continued net losses, strong liquidity, ongoing patent litigations with Samsung and Google/YouTube, and the continuation of its dividend and share repurchase programs.

On August 6, 2026, Network-1 Technologies, Inc. reported its financial results for the second quarter and six months ended June 30, 2026, disclosing that it generated no revenue for the quarter or year-to-date, incurred higher operating expenses primarily due to increased litigation-related professional fees, and recorded a $1,052,000 gain from remeasuring its investment in ILiAD Biotechnologies, Inc. following ILiAD’s $115 million financing and the resulting shift from equity method to cost method accounting. The company reported a net loss of $655,000 ($0.03 per share) for the quarter and $1,166,000 ($0.05 per share) for the six-month period, compared to net losses of $463,000 and $826,000, respectively, in the prior-year periods. Network-1 highlighted ongoing patent litigation against Samsung concerning its M2M/IoT portfolio and against Google and YouTube involving its Cox patent portfolio, noting a favorable April 2026 Federal Circuit decision overturning a prior non-infringement judgment and upcoming trial dates in December 2026 and June 2027. As of June 30, 2026, the company reported liquidity of $33.8 million in cash, cash equivalents, and marketable securities and working capital of $33.2 million, stated that its semiannual $0.05 per share cash dividend policy remains in place (with a March 2026 dividend paid), and disclosed repurchases of 34,980 shares for $51,000 during the quarter as part of its long-standing share repurchase program, through which it has returned more than $45.8 million to shareholders alongside dividends.

Filing Facts

CIK

1065078

Ticker

-

Form

8K

Source Type

sec

Accession

0001072613-26-000634

Alert Tier

6