Network-1 Technologies (NTIP) reported no revenue for the second quarter ended June 30, 2026, unchanged from the year-earlier quarter. The company posted a net loss of $655000, or $0.03 per share basic and diluted, compared with a net loss of $463000, or $0.02 per share basic and diluted, a year earlier.
Operating expenses rose to $1013000 from $720000, primarily due to higher litigation-related professional fees and related costs. As of June 30, 2026, Network-1 reported cash and cash equivalents and marketable securities of $33752000 and working capital of $33179000.
- No revenue was reported for the three months ended June 30, 2026.
- Six-month net loss was $1166000, or $0.05 per share basic and diluted.
- The company recorded a $1052000 gain in the first half related to its ILiAD Biotechnologies investment.
- Network-1 said it continues to pursue four pending patent litigations involving its M2M/IoT, HFT and Cox patent portfolios.
- During the quarter, the company repurchased 34980 shares at an aggregate cost of $51000, excluding commissions.
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$NTIP Hedge Fund Activity
We have seen 10 institutional investors add shares of $NTIP stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 49,453 shares (+inf%) to their portfolio in Q2 2026, for an estimated $72,695
- STATE STREET CORP added 44,200 shares (+95.5%) to their portfolio in Q2 2026, for an estimated $64,974
- CITADEL ADVISORS LLC added 39,543 shares (+122.5%) to their portfolio in Q1 2026, for an estimated $56,941
- CLAYTON PARTNERS LLC removed 39,489 shares (-3.9%) from their portfolio in Q1 2026, for an estimated $56,864
- CANTON HATHAWAY, LLC removed 35,065 shares (-12.5%) from their portfolio in Q2 2026, for an estimated $51,545
- GEODE CAPITAL MANAGEMENT, LLC removed 31,226 shares (-24.3%) from their portfolio in Q1 2026, for an estimated $44,965
- RENAISSANCE TECHNOLOGIES LLC removed 6,400 shares (-1.4%) from their portfolio in Q1 2026, for an estimated $9,216
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Read full article here »
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Network-1 Reports Second Quarter Loss of $655000
Network-1 Technologies (NTIP) reported no revenue for the second quarter ended June 30, 2026, unchanged from the year-earlier quarter. The company posted a net loss of $655000, or $0.03 per share basic and diluted, compared with a net loss of $463000, or $0.02 per share basic and diluted, a year earlier.
Operating expenses rose to $1013000 from $720000, primarily due to higher litigation-related professional fees and related costs. As of June 30, 2026, Network-1 reported cash and cash equivalents and marketable securities of $33752000 and working capital of $33179000.
$NTIP Hedge Fund Activity
We have seen 10 institutional investors add shares of $NTIP stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Read full article here »