Network-1 net loss widens to $655,000 in Q2 FY26; revenue posts no revenue

Reuters2026/08/06 21:52

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Network-1 Technologies posted a Q2 net loss of $655,000, or $0.03 per share, versus a loss of $463,000, or $0.02 per share, a year earlier.
Operating expenses rose to $1.01 million from $720,000, primarily due to higher litigation-related professional fees and related costs.
Revenue was unchanged at no revenue, while interest and dividend income, net, slipped to $350,000 from $445,000.
Cash and cash equivalents fell to $9.44 million at June 30 from $13.4 million at Dec. 31, with cash and marketable securities totaling $33.75 million.
Patent cases against Samsung and Google/YouTube remained active, with trials scheduled for June 7, 2027 and Dec. 7, 2026, respectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Network 1 Technologies Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608061630ACCESSWRNAPR_____1203558) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Network-1 net loss widens to $655,000 in Q2 FY26; revenue posts no revenue

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