NEW CANAAN, CT / ACCESS Newswire / September 10, 2025 / Network-1 Technologies, Inc. (NYSE:NTIP) announced today that its wholly-owned subsidiary, HFT Solutions, LLC ("HFT"), has initiated patent litigation against Optiver US LLC and Optiver Trading US LLC in the United States District Court for the Western District of Texas for infringement of U.S. Patent No. 10,931,286, U.S. Patent No. ...

Financial Performance [Q2 2025 Financial Results](index=1&type=section&id=Q2%202025%20Financial%20Results) Network-1 reported no revenue for Q2 2025, a decrease from $100,000 in Q2 2024, while net loss narrowed to $463,000, or $0.02 per share, primarily due to a reduced share of loss from its equity investee Q2 Financial Performance Comparison (2025 vs. 2024) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | **Revenue** | $0 | $100,000 | | **Net Loss** | $(463,000) | $(658,000) | | **Net Loss per Share (Basic & Diluted)** | $(0.02) | $(0.03) | - The net loss for Q2 2025 included a **$279,000** share of the net loss from its equity investee, ILiAD Biotechnologies, which was substantially lower than the **$677,000** share of loss recorded in Q2 2024[3](index=3&type=chunk) [H1 2025 Financial Results](index=1&type=section&id=H1%202025%20Financial%20Results) For H1 2025, Network-1's revenue increased to $150,000 from $100,000 in H1 2024, entirely from Remote Power Patent litigation settlements, while net loss significantly reduced to $826,000, or $0.04 per share H1 Financial Performance Comparison (2025 vs. 2024) | Metric | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | **Revenue** | $150,000 | $100,000 | | **Net Loss** | $(826,000) | $(1,578,000) | | **Net Loss per Share (Basic & Diluted)** | $(0.04) | $(0.07) | - The reduced net loss in H1 2025 was heavily influenced by a lower share of loss from its equity investee, amounting to **$741,000** compared to **$1,305,000** in H1 2024[4](index=4&type=chunk) - All revenue in both 2025 and 2024 periods was derived from litigation settlements concerning the company's Remote Power Patent[2](index=2&type=chunk) [Financial Position](index=1&type=section&id=Financial%20Position) As of June 30, 2025, Network-1 maintained a solid balance sheet with **$38.485 million** in cash, cash equivalents, and marketable securities, and **$38.288 million** in working capital, deemed sufficient for future operations Key Balance Sheet Items (as of June 30, 2025) | Metric | Amount | | :--- | :--- | | **Cash and cash equivalents** | $13,424,000 | | **Marketable securities** | $25,061,000 | | **Total Current Assets** | $38,665,000 | | **Working Capital** | $38,288,000 | - Total assets decreased from **$45.4 million** at year-end 2024 to **$42.8 million** as of June 30, 2025, while total liabilities were reduced from **$1.1 million** to **$0.565 million** over the same period[17](index=17&type=chunk) Business and Operational Highlights [Patent Litigation and Portfolio Development](index=1&type=section&id=Patent%20Litigation%20and%20Portfolio%20Development) During the quarter, Network-1 actively pursued intellectual property monetization and expansion, initiating patent infringement litigation against Samsung and acquiring a new smart home technology patent portfolio - On June 27, 2025, Network-1 filed a patent infringement lawsuit against Samsung in the Eastern District of Texas, alleging infringement of its M2M/IoT patents by Samsung's mobile devices supporting eSIM and 5G technologies[5](index=5&type=chunk) - On March 31, 2025, the company acquired the "Smart Home Patent Portfolio," including **8 issued U.S. patents** and numerous pending U.S. and international applications related to the interoperability of smart home IoT devices[6](index=6&type=chunk) [Capital Allocation](index=1&type=section&id=Capital%20Allocation) Network-1 continued its capital return program for shareholders through share repurchases and dividends, with the Board of Directors authorizing an extension and increase of the share repurchase program and maintaining its semi-annual dividend policy - The Board of Directors extended and increased the share repurchase program, authorizing the repurchase of up to **$5,000,000** of common stock over the next 24 months[7](index=7&type=chunk) Share Repurchase Activity (H1 2025) | Period | Shares Repurchased | Cost (exclusive of commissions) | Average Price Per Share | | :--- | :--- | :--- | :--- | | **Q2 2025** | 44,811 | $55,337 | $1.23 | | **H1 2025** | 151,473 | $202,194 | $1.33 | - The company maintained its dividend policy of **$0.05 per share** semi-annually, with a dividend paid on March 28, 2025[9](index=9&type=chunk) Financial Statements [Condensed Consolidated Statements of Operations](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) The unaudited statement of operations details the company's revenues, operating expenses, other income, and net loss for the three and six-month periods ending June 30, 2025, compared to 2024, driven by operating expenses and equity method investee losses, partially offset by interest and dividend income Condensed Consolidated Statements of Operations Highlights | Metric | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2025 | | :--- | :--- | :--- | | **Revenue** | $0 | $150,000 | | **Total Operating Expenses** | $720,000 | $1,515,000 | | **Operating Loss** | $(720,000) | $(1,365,000) | | **Total Other Income, net** | $467,000 | $1,100,000 | | **Share of Net Loss of Equity Method Investee** | $(279,000) | $(741,000) | | **Net Loss** | $(463,000) | $(826,000) | [Condensed Consolidated Balance Sheets](index=6&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheet as of June 30, 2025, shows total assets of **$42.8 million** and total stockholders' equity of **$42.3 million**, reflecting a decrease from year-end 2024 primarily due to net loss and capital returns Condensed Consolidated Balance Sheet Highlights | Metric | June 30, 2025 (Unaudited) | December 31, 2024 | | :--- | :--- | :--- | | **Total Current Assets** | $38,665,000 | $40,832,000 | | **Total Assets** | $42,826,000 | $45,414,000 | | **Total Liabilities** | $565,000 | $1,103,000 | | **Total Stockholders' Equity** | $42,261,000 | $44,311,000 | Company Overview and Forward-Looking Statements [Company Profile](index=3&type=section&id=Company%20Profile) Network-1 Technologies is an intellectual property company focused on acquiring, developing, licensing, and protecting patented technologies, holding **115 U.S.** and **17 international patents** across four main portfolios, with its Remote Power Patent generating over **$188 million** in licensing revenue - The company's business model is to acquire, develop, and monetize high-quality patents with significant licensing opportunities[10](index=10&type=chunk) - Network-1's Remote Power Patent has generated licensing revenue exceeding **$188,000,000** from May 2007 through June 30, 2025[10](index=10&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) The earnings release includes forward-looking statements subject to significant risks and uncertainties, including unpredictable revenue from IP licensing, outcomes of pending litigation, and the ability to successfully execute its patent acquisition and investment strategy - The report contains forward-looking statements under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995[11](index=11&type=chunk) - Identified risks include uncertain revenue from IP licensing, outcomes of pending litigation (HFT and M2M/IoT portfolios), and the ability to successfully acquire and monetize new patent portfolios[11](index=11&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________ FORM 10-Q _________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to__________ Commission File Number 1-15288 NETWORK-1 TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in Its Charter ...

Financial Performance - Network-1 reported revenue of $150,000 for Q1 2025, compared to no revenue in Q1 2024, with revenue derived from a litigation settlement involving the Remote Power Patent[2] - The net loss for Q1 2025 was $363,000, or $0.02 per share, an improvement from a net loss of $920,000, or $0.04 per share, in Q1 2024[3] - Interest and dividend income increased to $484,000 in Q1 2025 from $431,000 in Q1 2024, while realized and unrealized gains on marketable securities rose to $149,000 from $48,000[4] Liquidity and Assets - As of March 31, 2025, Network-1's cash and cash equivalents and marketable securities totaled $39,193,000, with working capital of $38,443,000, indicating sufficient liquidity for operations[6] - The total assets of Network-1 as of March 31, 2025, were $43,871,000, a decrease from $45,414,000 at the end of 2024[15] Shareholder Returns - The company repurchased 106,662 shares at an average price of $1.38 during Q1 2025, with a total of 10,480,894 shares repurchased since the program's inception[7] - Network-1 declared a semi-annual cash dividend of $0.05 per share, consistent with its dividend policy, which has been paid since 2010[8] - The company has returned over $43,000,000 to shareholders through dividends and share repurchases since 2010[7] Intellectual Property - Network-1 acquired a Smart Home Patent Portfolio consisting of eight U.S. patents and one international patent, along with pending applications, enhancing its intellectual property assets[5] - Network-1's strategy includes monetizing four patent portfolios, focusing on high-quality patents with significant licensing opportunities[9]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________ FORM 10-Q _________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 (Registrant's Telephone Number) Securities registered pursuant to Section 12(b) of the Act: ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to__________ Commission File Numb ...

EXHIBIT 99.1 FOR IMMEDIATE RELEASE Contacts: Network-1 Technologies, Inc. Corey M. Horowitz, Chairman and CEO (917) 692-0000 NETWORK-1 REPORTS 2024 YEAR-END FINANCIAL RESULTS New Canaan, Connecticut– February 28, 2025 - Network-1 Technologies, Inc. (NYSE American: NTIP) ("Network-1"), a company specializing in the acquisition, development, licensing and monetization of its intellectual property assets, today announced financial results for the year ended December 31, 2024. Network-1 had revenue of $100,000 ...

Revenue and Financial Performance - Revenue from the Remote Power Patent generated over $188 million from May 2007 to December 31, 2024, constituting 100% of revenue for 2024 ($100,000) and 2023 ($2.6 million) [69] - The patent monetization cycle is lengthy and costly, leading to unpredictable revenue recognition [71] - The company anticipates fluctuations in quarterly and annual financial results due to various external factors [73] - The company has paid semi-annual cash dividends of $0.05 per share since December 2016, but future payments are subject to review [77] - The company is subject to inherent uncertainties in estimates, judgments, and assumptions in financial statement preparation, which could materially affect business and financial results [94] Patent and Intellectual Property - The company has established a patent portfolio of 106 U.S. patents and 16 foreign patents, but faces competition in acquiring high-quality patents [70] - The company is focused on monetizing its M2M/IoT Patent Portfolio and acquiring additional intellectual property [100] Legal and Regulatory Risks - The company faces significant risks in patent litigation, with ongoing cases against Citadel Securities and Jump Trading regarding the HFT Patent Portfolio [66] - The company is exposed to risks from changes in patent law and increased costs of enforcement due to legislative changes [78] - The rapid development of artificial intelligence may challenge the company's patent validity and enforcement capabilities [79] - Ongoing litigations against Citadel Securities and Jump Trading involve patents within the HFT Patent Portfolio, which could impact stock performance [100] Corporate Governance and Stockholder Rights - The corporate charter allows the Board of Directors to issue up to 10,000,000 shares of preferred stock, potentially affecting common stockholders' rights [95] - Anti-takeover provisions under Delaware law could prevent business combinations with stockholders owning 15% or more for three years without board or stockholder approvals [96] - By-laws require advance notice for director nominations and new business at stockholder meetings, impacting stockholder participation [97] - Provisions may deter unsolicited takeovers and limit stockholders' ability to approve transactions they deem beneficial [98] Market and Stock Performance - The common stock is traded on the NYSE American exchange under the symbol "NTIP" and may face delisting if continued listing standards are not met [93] - The stock price may be highly volatile, influenced by various factors including litigation outcomes and market fluctuations [100] - The increasing development of artificial intelligence and external economic factors may impact the company's business operations [100] Investment and Future Outlook - The company has invested $7 million in ILiAD, a clinical stage biotechnology company, with uncertain future outcomes [67] - The company may be classified as a Personal Holding Company in the future, which would impose a 20% tax on undistributed income [74]

Revenue Performance - Network-1 reported no revenue for the three months ended September 30, 2024, and 2023, while revenue for the nine months ended September 30, 2024, was $100,000, down 87% from $820,000 in the same period of 2023[2]. - The company faces uncertainties regarding future revenue from licensing its intellectual property and ongoing litigation outcomes[9]. Net Loss and Financial Improvement - The net loss for the three months ended September 30, 2024, was $316,000 or $0.01 per share, an improvement from a net loss of $810,000 or $0.03 per share for the same period in 2023[3]. - For the nine months ended September 30, 2024, the net loss was $1,894,000 or $0.08 per share, compared to a net loss of $1,909,000 or $0.08 per share for the same period in 2023[4]. - Comprehensive loss for the period was $316,000 compared to $796,000 in the previous period, indicating a 60% improvement[13]. Cash and Assets - As of September 30, 2024, Network-1 had cash and cash equivalents and marketable securities totaling $41,516,000, indicating sufficient cash to fund operations for the next twelve months[5]. - Total current assets decreased to $41,657,000 from $45,673,000, a decline of approximately 9%[13]. - Cash and cash equivalents decreased to $14,315,000 from $16,896,000, a decline of about 13%[13]. - Total stockholders' equity decreased to $45,579,000 from $50,692,000, a decrease of approximately 10%[13]. - Equity investment decreased to $3,636,000 from $5,249,000, a decline of about 31%[13]. Liabilities and Obligations - Total liabilities decreased to $1,006,000 from $1,585,000, representing a reduction of about 37%[13]. - Accounts payable increased to $371,000 from $125,000, a rise of 196%[13]. - Operating lease obligation, current increased to $40,000 from $23,000, a rise of approximately 74%[13]. Shareholder Returns and Dividends - Network-1 continues to pay semi-annual cash dividends of $0.05 per share, with a total annual dividend of $0.10 per share[7]. - Network-1's Board of Directors periodically reviews its dividend policy, which may change based on earnings and financial requirements[7]. Patent Monetization Strategy - The Remote Power Patent has generated licensing revenue exceeding $188 million from May 2007 through September 30, 2024[8]. - Network-1's strategy includes monetizing five patent portfolios, focusing on high-quality patents with significant licensing opportunities[8]. Share Repurchase Activity - During the three months ended September 30, 2024, Network-1 repurchased 119,615 shares at an average price of $1.58, and a total of 577,060 shares at an average price of $1.84 for the nine months ended September 30, 2024[6].

Financial Performance - The company reported no revenue for the three months ended September 30, 2024, and September 30, 2023, due to no litigation outcomes during these periods [82]. - Operating expenses for the nine months ended September 30, 2024, were $2,538,000, a decrease of $466,000 compared to $3,004,000 for the same period in 2023 [86]. - The company recognized a net loss of $1,894,000 or $0.08 per share for the nine months ended September 30, 2024, compared to a net loss of $1,909,000 or $0.08 per share for the same period in 2023 [89]. - The company recorded interest and dividend income of $1,407,000 for the nine months ended September 30, 2024, an increase of $246,000 compared to $1,161,000 for the same period in 2023 [87]. Assets and Capital - As of September 30, 2024, the company had cash and cash equivalents and marketable securities totaling $41,516,000, with working capital of $41,058,000 [72]. - Working capital decreased by $3,792,000 from December 31, 2023, primarily due to dividend payments of $2,366,000 and common stock repurchases of $1,083,000 [91]. Investments and Revenue Potential - The company has invested $7,000,000 in ILiAD, a clinical stage biotechnology company, which involves significant risk and uncertainty [73]. - Licensing revenue from the Remote Power Patent exceeded $188,000,000 from May 2007 through March 7, 2020, after which no further licensing revenue is received [74]. - The company continues to seek opportunities to acquire additional intellectual property assets to enhance its revenue potential [77]. - The company has ongoing litigation involving its patents, including appeals against Google and Meta, with the potential for future revenue generation [76]. Litigation and Legal Matters - Ongoing litigation against Meta regarding Mirror Worlds patents with oral argument on appeal held on October 11, 2024, decision pending [102]. - A putative class action filed against the Company was settled on October 3, 2024, with terms not material to the Company [102]. Internal Controls and Procedures - No material changes in internal control over financial reporting during the fiscal quarter ended September 30, 2024 [100]. - The Chief Executive Officer and Chief Financial Officer concluded that disclosure controls and procedures are effective as of the end of the reporting period [99].

Financial Performance - Network-1 reported revenue of $100,000 for Q2 2024, a decrease of 64.7% from $283,000 in Q2 2023[1] - The net loss for Q2 2024 was $658,000, or $0.03 per share, compared to a net loss of $476,000, or $0.02 per share, in Q2 2023[1][2] - For the six months ended June 30, 2024, the net loss was $1,578,000, or $0.07 per share, compared to a net loss of $1,099,000, or $0.05 per share, in the same period of 2023[2] Cash and Assets - As of June 30, 2024, Network-1 had cash and cash equivalents of $42,599,000, indicating sufficient funds to support operations for the next twelve months[2] - Cash and cash equivalents increased to $19,939,000 from $16,896,000, an increase of about 17.9%[9] - Total current assets decreased to $42,781,000 from $45,673,000, a decline of approximately 6.5%[9] - Total assets decreased to $48,063,000 from $52,277,000, a decline of about 8.1%[9] - Marketable securities at fair value decreased to $22,660,000 from $28,571,000, a drop of approximately 20.7%[9] Shareholder Actions - The company repurchased 373,701 shares at an average price of $1.84 during Q2 2024, with a total cost of $688,410[3] - Network-1 has declared a semi-annual cash dividend of $0.05 per share, consistent with its dividend policy[4] Patent Revenue - The Remote Power Patent has generated over $188 million in licensing revenue since May 2007 through June 30, 2024[5] - The company has achieved licensing and other revenue of $47.15 million from its Mirror Worlds Patent Portfolio as of June 30, 2024[5] - Network-1 continues to focus on monetizing five patent portfolios, including the Remote Power Patent and Mirror Worlds Patent[5] Financial Position - Total liabilities decreased significantly to $890,000 from $1,585,000, a reduction of approximately 43.8%[9] - Total current liabilities decreased to $412,000 from $823,000, a reduction of approximately 50%[9] - Deferred tax liability decreased to $478,000 from $762,000, a decrease of about 37.3%[9] - Total stockholders' equity decreased to $47,173,000 from $50,692,000, a decline of about 7.4%[9] - Accumulated deficit increased to $(20,713,000) from $(16,989,000), reflecting a worsening of approximately 22.5%[9] Risks - The company is subject to various risks, including uncertain revenue from licensing and ongoing litigation outcomes[6]