NETWORK-1 TECHNOLOGIES, INC. NTIP

Financials SIC 6794 - Patent Owners & Lessors NAICS Real Estate and Rental and Leasing › Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) derived NYSE

principal business is the development, licensing and protection of our intellectual property assets. We presently own one hundred nineteen

(119) U.S. patents, fifty-four (54) of such patents have expired, and fifteen (15) foreign patents (unexpired) relating to (i) our M2M/IoT

patent portfolio relating to, among other things, enabling technology for authenticating and using eSIM (embedded Subscriber Identification

Module) technology in IoT, Machine-to-Machine and other mobile devices, including smartphones, tablets and computers, as well as automobiles

Last close 1.55 2026-10-23
Market cap $35.4M 2026-06-30 share count
52-week range 1.24 - 1.75

Valuation FY2025 figures against the last close

P/S236.3x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield6.5%
Diluted EPS-0.11

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $150.0K$100.0K$2.6M—$36.0M$4.4M$3.0M$22.1M$16.5M—
Cost of revenue $42.0K$28.0K——$12.1M$1.7M$882.0K$8.1M$5.0M$25.8M
Gross profit $108.0K$72.0K——$23.9M$2.8M$2.2M$14.0M$11.5M—
SG&A $2.5M$2.6M$2.9M$2.8M$2.5M$2.2M$2.2M$2.3M$2.3M$2.8M
Total operating expenses $3.5M$3.7M$4.8M$3.9M$16.4M$6.8M$5.4M$12.9M$10.4M$33.0M
Operating income -$3.3M-$3.6M-$2.2M-$3.9M$19.6M-$2.4M-$2.4M$9.2M$6.0M$32.1M
Interest expense $1.8M$1.9M$1.9M$1.0M$327.0K$522.0K$1.1M$876.0K$215.0K$61.0K
Pre-tax income -$2.1M-$2.6M-$1.1M-$1.7M$19.7M-$1.9M-$1.2M$10.0M$6.2M$32.2M
Income tax $368.0K$425.0K$388.0K$607.0K$4.5M$954.0K$21.0K$2.3M$2.1M$8.9M
Net income -$2.4M-$3.0M-$1.5M-$2.3M$14.3M-$1.7M-$1.8M$7.7M$4.1M$23.2M
EPS, basic -0.11-0.13-0.06-0.100.59-0.07-0.070.320.171.00
EPS, diluted -0.11-0.13-0.06-0.100.58-0.07-0.070.300.160.93
Shares, diluted (wtd. avg.) 22.8M23.3M23.8M23.8M24.5M24.0M24.0M25.4M26.4M24.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $13.4M$13.1M$16.9M$13.4M$44.5M$25.5M$22.6M$23.8M$43.4M$50.9M
Short-term investments $23.5M$27.5M$28.6M$35.0M$15.1M$19.4M$25.7M$31.2M$10.8M$1.1M
Receivables —————$0$343.0K$444.0K$575.0K$2.9M
Total current assets $37.1M$40.8M$45.7M$49.0M$59.8M$45.0M$48.8M$55.5M$54.9M$56.1M
Goodwill ————$5.0M$5.0M$5.0M$2.5M——
Other intangibles $1.5M$1.2M$1.3M$1.6M$1.4M——$2.0M$2.2M$1.2M
Total assets $40.3M$45.4M$52.3M$58.0M$64.8M$51.2M$55.1M$60.3M$57.3M$57.6M
Accounts payable $253.0K$203.0K$125.0K$507.0K$459.0K$597.0K$421.0K$67.0K$244.0K$171.0K
Total current liabilities $770.0K$766.0K$823.0K$1.6M$4.1M$2.0M————
Total liabilities $770.0K$1.1M$1.6M$2.9M$4.7M$2.0M$1.6M$2.1M$2.9M$4.7M
Retained earnings -$24.1M-$21.4M-$17.0M-$12.1M-$6.4M-$17.2M-$12.6M-$7.1M-$10.2M-$9.7M
Total equity $39.6M$44.3M$50.7M$55.1M$60.2M$49.2M$53.5M$58.2M$54.4M$52.9M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow -$869.0K-$1.1M$331.0K-$5.4M$19.5M-$503.0K-$605.0K$8.1M$6.8M$29.9M
Stock-based compensation $307.0K$399.0K$508.0K$585.0K$238.0K$302.0K$567.0K$687.0K$949.0K$509.0K
Investing cash flow $3.7M$1.0M$6.5M-$22.3M$3.0M$6.3M$3.0M-$23.1M-$10.9M—
Financing cash flow -$2.6M-$3.7M-$3.4M-$3.3M-$3.5M-$2.9M-$3.6M-$4.6M-$3.4M$446.0K
Dividends paid $2.3M$2.4M$2.4M$2.5M$2.4M$2.5M$2.4M$2.4M$2.4M—
Buybacks $293.0K$1.3M$966.0K$534.0K$1.1M$253.0K$772.0K$1.6M$2.1M$120.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001072613-26-000270.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -10M 0 10M 20M 30M 40M Net income, FY2016: 23.2M Revenue, FY2017: 16.5M Gross profit, FY2017: 11.5M Net income, FY2017: 4.1M Revenue, FY2018: 22.1M Gross profit, FY2018: 14M Net income, FY2018: 7.7M Revenue, FY2019: 3M Gross profit, FY2019: 2.2M Net income, FY2019: -1.8M Revenue, FY2020: 4.4M Gross profit, FY2020: 2.8M Net income, FY2020: -1.7M Revenue, FY2021: 36M Gross profit, FY2021: 23.9M Net income, FY2021: 14.3M Net income, FY2022: -2.3M Revenue, FY2023: 2.6M Net income, FY2023: -1.5M Revenue, FY2024: 100K Gross profit, FY2024: 72K Net income, FY2024: -3M Revenue, FY2025: 150K Gross profit, FY2025: 108K Net income, FY2025: -2.4M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $16.5M $22.1M $3.0M $4.4M $36.0M — $2.6M $100.0K $150.0K
Gross profit — $11.5M $14.0M $2.2M $2.8M $23.9M — — $72.0K $108.0K
Net income $23.2M $4.1M $7.7M -$1.8M -$1.7M $14.3M -$2.3M -$1.5M -$3.0M -$2.4M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Results announced Item 2.02
  • Other event Item 8.01
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Other event Item 8.01
  • Other event Item 8.01
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Shareholder vote Item 5.07

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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