Network-1 Technologies reported Q1 2026 net loss of $511,000 or $0.02 per share, driven by no revenue, higher litigation expenses, and securities losses, offset by ILiAD investment gain.
Key takeaways
No revenue in Q1 2026 vs $150,000 in Q1 2025.
Operating expenses rose to $1,415,000 from $795,000 due to $625,000 higher litigation fees.
Net loss $511,000 or $0.02/share vs $363,000 or $0.02/share prior year.
$1,052,000 gain from ILiAD investment remeasurement after $115M financing.
Cash and marketable securities $34,589,000 at March 31, 2026.
Repurchased 60,996 shares at $1.36 average; paid $0.05/share dividend.