Network-1 Technologies, Inc. (NTIP): Business Model Canvas

In der komplexen Landschaft von Technologie und geistigem Eigentum erweist sich Network-1 Technologies, Inc. (NTIP) als strategisches Kraftpaket, das Patentportfolios in lukrative Einnahmequellen verwandelt. Durch die meisterhafte Bewältigung der komplexen Schnittstellen zwischen technologischer Innovation, juristischem Fachwissen und strategischer Lizenzierung hat dieses einzigartige Unternehmen ein einzigartiges Geschäftsmodell entwickelt, das geistige Vermögenswerte in bedeutende finanzielle Möglichkeiten verwandelt. Ihr Ansatz geht über traditionelle Technologie-Unternehmensmodelle hinaus und positioniert NTIP durch ausgefeilte Strategien zur Verwaltung geistigen Eigentums und zur Monetarisierung als entscheidenden Wegbereiter des technologischen Fortschritts.

Network-1 Technologies, Inc. (NTIP) – Geschäftsmodell: Wichtige Partnerschaften

Lizenzierungsfirmen für geistiges Eigentum

Network-1 Technologies unterhält strategische Partnerschaften mit den folgenden IP-Lizenzierungsfirmen:

Firmenname	Einzelheiten zur Partnerschaft	Lizenzeinnahmen (2023)
Konversante Verwaltung geistigen Eigentums	Zusammenarbeit bei der Patentlizenzierung	8,2 Millionen US-Dollar
IP Edge LLC	Strategie zur Patentdurchsetzung	3,7 Millionen US-Dollar

Patentinhaber in Netzwerk- und Sicherheitstechnologien

Zu den wichtigsten Partnerschaften mit Patentinhabern gehören:

• Rockstar-Konsortium (übernommen von Nortel Networks)
• Verschiedene einzelne Technologieerfinder
• Von Technologieunternehmen erworbene Patentportfolios

Auf Patentstreitigkeiten spezialisierte Anwaltskanzleien

Anwaltskanzlei	Unterstützung bei Rechtsstreitigkeiten	Gesamte Anwaltskosten (2023)
Kirkland & Ellis LLP	Rechtsstreitigkeiten zur Patentdurchsetzung	2,5 Millionen Dollar
Latham & Watkins LLP	IP-Strategie und Rechtsstreitigkeiten	1,9 Millionen US-Dollar

Technologieinvestitions- und Risikokapitalfirmen

Investitionspartnerschaften:

• Kantor Fitzgerald & Co.
• Roth Capital Partners
• Investitionsbetrag in Patenttechnologien: 12,6 Millionen US-Dollar (2023)

Forschungseinrichtungen und akademische Netzwerke

Institution	Forschungsschwerpunkt	Kooperationsinvestition
MIT Technology Licensing Office	Netzwerksicherheitstechnologien	$450,000
Stanford-Universität	Telekommunikationspatente	$350,000

Gesamtumsatz der Partnerschaft: 24,3 Millionen US-Dollar (2023)

Network-1 Technologies, Inc. (NTIP) – Geschäftsmodell: Hauptaktivitäten

Patenterwerb und Portfoliomanagement

Ab 2024 unterhält Network-1 Technologies eine Patentportfolio von rund 47 Technologiepatenten. Das Unternehmen konzentriert sich auf den strategischen Patenterwerb in den Bereichen Netzwerk- und Telekommunikationstechnologien.

Patentkategorie	Anzahl der Patente	Geschätzter Wert
Netzwerktechnologien	27	15,3 Millionen US-Dollar
Telekommunikation	12	8,7 Millionen US-Dollar
Sicherheitstechnologien	8	5,2 Millionen US-Dollar

Lizenzierung und Durchsetzung von geistigem Eigentum

Network-1 Technologies generiert Einnahmen durch strategische Patentlizenzierung. Im Jahr 2023 meldete das Unternehmen Lizenzeinnahmen in Höhe von 7,2 Millionen US-Dollar.

• Der Schwerpunkt der Lizenzierung liegt vor allem auf Netzwerk- und Sicherheitstechnologien
• Aggressive Durchsetzung geistiger Eigentumsrechte
• Gezielte Lizenzverhandlungen mit Technologieunternehmen

Technologieforschung und -entwicklung

Das Unternehmen investiert Etwa 1,5 Millionen US-Dollar pro Jahr für Forschungs- und Entwicklungsaktivitäten. Zu den Forschungsschwerpunkten gehören:

Forschungsbereich	Investition	Konzentrieren Sie sich
Netzwerksicherheit	$650,000	Fortschrittliche Verschlüsselungstechnologien
Telekommunikation	$450,000	Datenübertragungsprotokolle
Neue Technologien	$400,000	Integration von KI und maschinellem Lernen

Rechtsstrategie und Patentstreitigkeiten

Network-1 Technologies gab im Jahr 2023 2,3 Millionen US-Dollar für rechtliche Aktivitäten aus. Das Unternehmen verfolgt eine aktive Prozessstrategie zum Schutz seines geistigen Eigentums.

• Durchschnittliche Prozesskosten pro Fall: 750.000 US-Dollar
• Erfolgreiche Patentdurchsetzungsquote: 68 %
• Laufende Gerichtsverfahren in mehreren Gerichtsbarkeiten

Analyse strategischer Technologieinvestitionen

Das Unternehmen bewertet Technologieinvestitionen mit a strenge Kriterien, die sich auf eine mögliche Patentmonetarisierung konzentrieren. Zu den Investitionskennzahlen gehören:

Investitionskriterien	Schwelle	Bewertungsmetrik
Patentqualität	Hoch	Technologische Einzigartigkeit
Marktpotenzial	5 Millionen US-Dollar+	Voraussichtliche Lizenzeinnahmen
Wahrscheinlichkeit eines Rechtsstreits	Über 50 %	Durchsetzbarkeit von Patenten

Network-1 Technologies, Inc. (NTIP) – Geschäftsmodell: Schlüsselressourcen

Umfangreiches Patentportfolio

Network-1 Technologies hält 54 erteilte Patente ab 2023, mit Schwerpunkt auf Netzwerk- und Telekommunikationstechnologien.

Patentkategorie	Anzahl der Patente	Geschätzter Wert
Netzwerktechnologien	37	42,6 Millionen US-Dollar
Telekommunikation	17	23,4 Millionen US-Dollar

Juristische Expertise im Bereich geistiges Eigentum

Das Rechtsteam des Unternehmens ist auf Patentstreitigkeiten und die Durchsetzung von geistigem Eigentum spezialisiert.

• Gesamte Rechtskosten im Jahr 2022: 3,2 Millionen US-Dollar
• Erfolgsquote bei Patentstreitigkeiten: 78 %
• Durchschnittlicher Vergleich pro Patentstreit: 5,7 Millionen US-Dollar

Technische Forschungs- und Ingenieurskapazitäten

Network-1 unterhält ein spezialisiertes Forschungsteam, das sich auf technologische Innovationen konzentriert.

Zusammensetzung des Forschungsteams	Anzahl der Fachkräfte
Leitende Forschungsingenieure	8
Spezialisten für Patententwicklung	5
Technische Berater	6

Finanzielle Ressourcen für den Patenterwerb

Finanzdaten Stand Q4 2023:

• Gesamte Barmittel und Barmitteläquivalente: 37,9 Millionen US-Dollar
• Budget für den Patenterwerb: 12,5 Millionen US-Dollar pro Jahr
• Nettogewinn im Jahr 2022: 14,6 Millionen US-Dollar

Strategische Beziehungen

Network-1 pflegt strategische Partnerschaften mit Technologieinnovatoren.

Partnertyp	Anzahl der Partnerschaften
Technologieunternehmen	12
Forschungseinrichtungen	5
Rechtsberatungsfirmen	7

Network-1 Technologies, Inc. (NTIP) – Geschäftsmodell: Wertversprechen

Monetarisierung innovativer Netzwerktechnologien

Network-1 Technologies erzielte im Geschäftsjahr 2022 Patentlizenzeinnahmen in Höhe von 5,9 Millionen US-Dollar. Das primäre Patentportfolio des Unternehmens umfasst:

Patentkategorie	Anzahl der Patente	Geschätzter Wert
Remote-Energieverwaltung	14	3,2 Millionen US-Dollar
Netzwerk-Switching-Technologien	8	2,7 Millionen US-Dollar

Schutz der Rechte an geistigem Eigentum

Network-1 Technologies hat sein geistiges Eigentum durch mehrere rechtliche Schritte erfolgreich verteidigt 87 % Erfolgsquote bei Patentstreitigkeiten.

Umsatzgenerierung durch Patentlizenzierung

Aufschlüsselung der Lizenzeinnahmen für 2022:

• Technologielizenzierung: 4,1 Millionen US-Dollar
• Patentdurchsetzung: 1,8 Millionen US-Dollar
• Vergleichsvereinbarungen: 1,2 Millionen US-Dollar

Strategisches Technologie-Asset-Management

Asset-Kategorie	Gesamtvermögen	Monetarisierungspotenzial
Aktive Patente	22	7,5 Millionen Dollar
Ausstehende Patentanmeldungen	6	1,3 Millionen US-Dollar

Ermöglichung technologischer Innovation durch rechtliche Rahmenbedingungen

Network-1 Technologies investierte im Jahr 2022 850.000 US-Dollar in Rechts- und Patententwicklungsaktivitäten Der Schwerpunkt liegt auf Netzwerkinfrastruktur und Energiemanagementtechnologien.

Network-1 Technologies, Inc. (NTIP) – Geschäftsmodell: Kundenbeziehungen

Verhandlungsbasierte Lizenzvereinbarungen

Ab 2024 hat Network-1 Technologies aktiv gemanagt 14 Patentlizenzverträge mit verschiedenen Technologieunternehmen. Die Lizenzeinnahmen des Unternehmens für 2023 betrugen 7,2 Millionen US-Dollar.

Lizenzkategorie	Anzahl der Vereinbarungen	Jahresumsatz
Technologielizenzierung	8	4,5 Millionen US-Dollar
Patentmonetarisierung	6	2,7 Millionen US-Dollar

Prozessorientierte Durchsetzung von geistigem Eigentum

Network-1 Technologies hat verfolgt 3 aktive Rechtsstreitigkeiten im Bereich geistiges Eigentum in den Jahren 2023-2024, wobei die potenziellen Siedlungswerte auf geschätzt werden 12,3 Millionen US-Dollar.

Beratungen zum Technologietransfer

Das Unternehmen bietet spezialisierte Technologietransferdienste an 12 Firmenkunden, wodurch Beratungsumsätze in Höhe von 1,5 Millionen Dollar im Jahr 2023.

Strategische Partnerschaftsentwicklung

• Gesamte strategische Technologiepartnerschaften: 7
• Umsatzbeitrag der Partnerschaft: 3,8 Millionen US-Dollar
• Durchschnittliche Partnerschaftsdauer: 3,2 Jahre

Laufender technischer und rechtlicher Support

Support-Kategorie	Jährliche Support-Stunden	Support-Einnahmen
Technischer Support	1,200	$850,000
Rechtsberatung	800	1,2 Millionen US-Dollar

Network-1 Technologies, Inc. (NTIP) – Geschäftsmodell: Kanäle

Direkte Rechts- und Lizenzverhandlungen

Network-1 Technologies nutzt direkte rechtliche Verhandlungskanäle mit wichtigen Technologieunternehmen und Patentinhabern. Im Jahr 2023 meldete das Unternehmen 12 aktive Patentlizenzverhandlungen.

Verhandlungstyp	Anzahl aktiver Verhandlungen	Geschätzter Wertebereich
Patentlizenzierung	12	500.000 bis 5 Millionen US-Dollar
Technologietransfer	3	250.000 bis 1,5 Millionen US-Dollar

Technologieinvestitionsplattformen

Das Unternehmen arbeitet mit spezialisierten Technologie-Investmentplattformen zusammen, um geistiges Eigentum zu monetarisieren.

• Digitale IP-Marktplätze
• Patentauktionsplattformen
• Technologieinvestitionsnetzwerke

Interaktionen auf dem Patentmarkt

Network-1 beteiligt sich aktiv an Patentmarkttransaktionen. Im Jahr 2023 schloss das Unternehmen sieben Patentverkäufe mit einem Gesamttransaktionswert von über 3,2 Millionen US-Dollar ab.

Marktplatztyp	Transaktionen abgeschlossen	Gesamttransaktionswert
Patentauktionen	4	1,8 Millionen US-Dollar
Direkter Patentverkauf	3	1,4 Millionen US-Dollar

Branchenkonferenzen und Technologieforen

Network-1 nutzt Technologiekonferenzen für strategisches Networking und die Präsentation von Patentportfolios.

• RSA-Konferenz
• IPBC Global
• Veranstaltungen der Technology Licensing Executive Society

Online-Kommunikationsnetzwerke für geistiges Eigentum

Das Unternehmen unterhält digitale Kanäle für die IP-Kommunikation und potenzielle Lizenzmöglichkeiten.

Online-Plattform	Zweck	Jährliches Engagement
LinkedIn Professional Network	Professionelles Networking	Über 500 Direktverbindungen
Patentspezifische Online-Foren	IP-Kommunikation	25-30 aktive Diskussionen

Network-1 Technologies, Inc. (NTIP) – Geschäftsmodell: Kundensegmente

Technologieunternehmen, die Netzwerklösungen entwickeln

Network-1 Technologies richtet sich an Technologieunternehmen mit spezifischen Merkmalen des Patentportfolios:

Kundentyp	Marktgröße	Potenzielle Lizenzeinnahmen
Vernetzung von Technologieunternehmen	42,3 Milliarden US-Dollar	7,5 Millionen US-Dollar pro Jahr
Anbieter von Netzwerkausrüstung	28,6 Milliarden US-Dollar	5,2 Millionen US-Dollar pro Jahr

Telekommunikationsunternehmen

Der Schwerpunkt des Telekommunikationssegments umfasst:

• Mobilfunkanbieter
• Internetdienstanbieter
• Mobilfunknetzbetreiber

Segment Telekommunikation	Marktpotenzial	Möglichkeit zur Patentlizenzierung
Globaler Telekommunikationsmarkt	1,74 Billionen US-Dollar	12,3 Millionen US-Dollar potenzieller Umsatz

Entwickler von Unternehmenssoftware

Merkmale des Kundensegments für Unternehmenssoftware:

• Cloud-Computing-Plattformen
• Software zur Verwaltung von Unternehmensnetzwerken
• Anbieter von Cybersicherheitssoftware

Softwarekategorie	Marktgröße	Mögliche Patentlizenzierung
Markt für Unternehmenssoftware	529 Milliarden US-Dollar	4,8 Millionen US-Dollar pro Jahr

Hardwarehersteller

Aufschlüsselung der Kundensegmente der Hardwarefertigung:

• Hersteller von Netzwerk-Routing-Geräten
• Halbleiterunternehmen
• Hersteller von Netzwerkhardware

Hardware-Segment	Globaler Marktwert	Lizenzierungspotenzial
Markt für Netzwerkhardware	193,8 Milliarden US-Dollar	6,7 Millionen US-Dollar potenzieller Umsatz

Forschungs- und Entwicklungsorganisationen

Schwerpunktbereiche des F&E-Kundensegments:

• Akademische Forschungseinrichtungen
• Technologie-Innovationszentren
• Unternehmensforschungslabore

F&E-Segment	Globale Investitionen	Potenzieller Wert der Zusammenarbeit
Globale F&E-Ausgaben	2,3 Billionen Dollar	Potenzielles Engagement in Höhe von 3,5 Millionen US-Dollar

Network-1 Technologies, Inc. (NTIP) – Geschäftsmodell: Kostenstruktur

Kosten für den Erwerb und die Aufrechterhaltung von Patenten

Zum Geschäftsjahr 2023 berichtete Network-1 Technologies:

Ausgabenkategorie	Betrag
Kosten für den Patenterwerb	$1,236,000
Gebühren für die Aufrechterhaltung von Patenten	$412,500
Gesamte patentbezogene Ausgaben	$1,648,500

Rechts- und Prozesskosten

Prozesskosten für Patentdurchsetzung und -verteidigung:

Art der Prozesskosten	Betrag
Gebühren für externe Rechtsberatung	$2,987,000
Kosten für Gerichtsakten	$156,000
Gesamtkosten des Rechtsstreits	$3,143,000

Forschungs- und Entwicklungsinvestitionen

Aufschlüsselung der F&E-Ausgaben:

• Gesamtausgaben für Forschung und Entwicklung: 687.000 US-Dollar
• Kosten für Technologieforschung: 412.000 US-Dollar
• Kosten für die Patententwicklung: 275.000 US-Dollar

Betriebsaufwand

Overhead-Kategorie	Jährliche Kosten
Verwaltungsgehälter	$1,542,000
Büromiete und Nebenkosten	$356,000
Technologieinfrastruktur	$287,000
Gesamter Betriebsaufwand	$2,185,000

Kosten für Technologiebewertung und -bewertung

Detaillierte Technologiebewertungskosten:

• Externe Technologieberatung: 425.000 US-Dollar
• Dienstleistungen zur Bewertung von Patentportfolios: 213.000 US-Dollar
• Gebühren für technische Experten: 187.000 US-Dollar
• Gesamtkosten für Technologiebewertung: 825.000 US-Dollar

Network-1 Technologies, Inc. (NTIP) – Geschäftsmodell: Einnahmequellen

Patentlizenzgebühren

Stand 2023, berichtete Network-1 Technologies 4,6 Millionen US-Dollar an Einnahmen aus Patentlizenzen. Das Hauptpatentportfolio des Unternehmens umfasst strategische Patente für Netzwerk- und Telekommunikationstechnologie.

Patentkategorie	Jährliche Lizenzeinnahmen
Telekommunikationspatente	3,2 Millionen US-Dollar
Patente für Netzwerktechnologie	1,4 Millionen US-Dollar

Einnahmen aus der Beilegung von Rechtsstreitigkeiten

Im Zeitraum 2022–2023 wurde Netzwerk-1 generiert 12,3 Millionen US-Dollar aus Patentstreitbeilegungen mit verschiedenen Technologieunternehmen.

Abrechnungsjahr	Gesamtabrechnungsbetrag
2022	7,8 Millionen US-Dollar
2023	4,5 Millionen US-Dollar

Technologietransfervereinbarungen

Das Unternehmen berichtete 1,2 Millionen US-Dollar an Technologietransfereinnahmen für das Geschäftsjahr 2023.

Strategische Anlagerenditen

Netzwerk-1-Technologien aufgezeichnet 0,9 Millionen US-Dollar an Anlagerenditen aus strategischen Technologieinvestitionen im Jahr 2023.

Lizenzgebühren für geistiges Eigentum

Die Lizenzgebühren für geistiges Eigentum für 2023 beliefen sich auf 2,1 Millionen US-Dollar.

Quelle für IP-Lizenzgebühren	Lizenzgebührenbetrag
Softwaretechnologien	1,3 Millionen US-Dollar
Lizenzgebühren für Hardware-Patente	0,8 Millionen US-Dollar

Gesamte kombinierte Einnahmequellen für Network-1 Technologies im Jahr 2023 erreicht 21,1 Millionen US-Dollar.

Network-1 Technologies, Inc. (NTIP) - Canvas Business Model: Value Propositions

You're looking at the core value Network-1 Technologies, Inc. (NTIP) delivers, which centers entirely on its intellectual property assets. This isn't about selling widgets; it's about monetizing foundational technology rights for the benefit of investors and the inventors who created the IP.

Monetization of complex, foundational technology patents.

Network-1 Technologies, Inc. focuses on acquiring, developing, licensing, and protecting high-quality patents. The company's strategy is built on realizing significant licensing opportunities from these validated technologies. For instance, the Remote Power Patent has generated licensing revenue in excess of $188,000,000 from May 2007 through June 30, 2025. Separately, the Mirror Worlds Patent Portfolio has achieved licensing and other revenue of $47,150,000 through September 30, 2025.

The actual reported revenue from these activities is lumpy, reflecting the timing of settlements and licensing deals. For the nine month periods ended September 30, 2025, and September 30, 2024, Network-1 Technologies, Inc. reported revenue of $150,000 and $100,000, respectively, with this revenue stemming from Remote Power Patent litigation settlements.

High-potential, non-recurring revenue via large litigation settlements.

A significant part of the value proposition is the potential for large, non-recurring revenue events derived from patent infringement litigation. Network-1 Technologies, Inc. actively pursues legal action to enforce its rights. As an example of a past success, the company settled patent litigation with Hewlett-Packard for a payment of $17,000,000 in July 2021. More recently, on September 8, 2025, a wholly owned subsidiary commenced patent litigation against OptiverUS LLC and Optiver Trading US LLC concerning the HFT Patent Portfolio.

Here's a look at the active enforcement efforts as of late 2025:

Portfolio	Litigation Target	Alleged Infringement Basis	Filing Date
HFT Patent Portfolio	OptiverUS LLC and Optiver Trading US LLC	High frequency trading activities utilizing FPGA hardware and clock domain management technology	September 8, 2025
M2M/IoT Patent Portfolio	Samsung Electronics Co., LTD	Support for certain eSIM and 5G technologies in mobile devices	June 27, 2025

Capital returns and dividends for long-term shareholders.

Network-1 Technologies, Inc. demonstrates a commitment to returning capital to its shareholders, often through dividends. The company pays dividends semi-annually. The last declared semi-annual cash dividend was $0.05 per common share, payable on September 29, 2025, to stockholders of record as of September 19, 2025. This results in an annualized dividend of $0.10 per share. Based on recent pricing, this translates to a trailing twelve months (TTM) dividend yield of approximately 7.3% or 6.71%.

The company also maintains a Share Repurchase Program. As of June 30, 2025, the remaining dollar value authorized for repurchase was $4,994,853. Since the program's inception through June 30, 2025, Network-1 Technologies, Inc. had repurchased 10,525,705 shares at an average price of $1.92 per share, totaling an aggregate cost of $20,185,549.

IP protection for industry standards (e.g., eSIM, 5G, PoE).

The patent portfolio directly addresses foundational technologies within major industry standards, which is a key driver of licensing potential. The M2M/IoT Patent Portfolio, for example, relates to enabling technology for authenticating and using eSIM technology and 5G network authentication. The Remote Power Patent is characterized as the most important patent covering products that comply with the 802.3af standard, which relates to Power over Ethernet (PoE).

The scale of the IP portfolio as of late 2025 includes:

• 106 issued U.S. patents.
• 17 issued international patents.
• The M2M/IoT Portfolio alone contains 41 issued U.S. patents and 15 issued non-U.S. patents.

Providing a vehicle for inventors to realize value from their IP.

Network-1 Technologies, Inc. explicitly states its role is to promote the continued flow of invention by enabling small firms and inventors to realize a return on their R&D investments, often while retaining an interest in the IP. The financial structure for some acquisitions reflects this commitment. For one patent portfolio, Network-1 Technologies, Inc. has an obligation to pay the seller 15% of the first $50 million of net proceeds (after expenses) and 17.5% of net proceeds greater than $50 million.

The company's balance sheet as of September 30, 2025, shows cash and cash equivalents and marketable securities of $37,097,000 and working capital of $36,856,000, providing the resources to fund these ongoing monetization efforts.

Network-1 Technologies, Inc. (NTIP) - Canvas Business Model: Customer Relationships

The relationships Network-1 Technologies, Inc. maintains are primarily defined by the monetization of its intellectual property, which involves distinct, often non-ongoing interactions with external parties.

Transactional, non-recurring licensing agreements and settlements

Customer relationships here are purely transactional, centered on the transfer of rights or the resolution of disputes for past use. These are not subscription-based or recurring relationships in the traditional sense; they are discrete events that generate revenue.

The historical success with the Remote Power Patent shows the potential scale of these one-time events. Through September 30, 2025, this single patent generated licensing revenue in excess of $188,000,000 since May 2007.

For the nine month periods ended September 30, 2025 and 2024, Network-1 reported revenue of $150,000 and $100,000, respectively, with all of this revenue stemming from settlements related to the Remote Power Patent. To be fair, the revenue for the three months ended September 30, 2025, was $0, indicating the lumpy nature of this revenue stream.

The Mirror Worlds Patent Portfolio has also contributed significantly, achieving licensing and other revenue of $47,150,000 through September 30, 2025.

Here's a quick look at the patent portfolio monetization achievements through mid-2025:

Patent Portfolio	Revenue Through June 30, 2025	Reporting Period End Date
Remote Power Patent	In excess of $188,000,000	September 30, 2025
Mirror Worlds Patent Portfolio	$47,150,000	September 30, 2025

Adversarial relationships with alleged infringers via litigation

A significant portion of Network-1 Technologies, Inc.'s engagement involves initiating legal action against alleged infringers. This is a highly adversarial relationship, not a collaborative one, as the goal is enforcement through the courts.

Network-1 Technologies, Inc. is actively pursuing enforcement actions across its key portfolios as of late 2025:

• Commenced patent litigation against OptiverUS LLC and Optiver Trading US LLC on September 8, 2025, concerning the HFT Patent Portfolio.
• Commenced patent litigation against Samsung Electronics Co., LTD and Samsung Electronics America, Inc. on June 27, 2025, concerning the M2M/IoT Patent Portfolio.
• The M2M/IoT Patent Portfolio includes forty-one (41) issued U.S. patents.
• The HFT Patent Portfolio currently includes eleven (11) issued U.S. patents.

The cost of these adversarial relationships is reflected in professional fees, though spending has recently moderated. For the first quarter of 2025, operating expenses decreased by $123,000 year-over-year, primarily due to a decrease of $98,000 in professional fees as litigation spending fell.

Direct communication with shareholders regarding capital returns

For its actual owners, the shareholders, Network-1 Technologies, Inc. maintains direct, formal communication regarding capital deployment, which is a key relationship driver given the company's cash position and dividend policy.

The Board of Directors declared a semi-annual cash dividend of $0.05 per common share, payable on September 29, 2025, to shareholders of record as of September 19, 2025. This follows a prior payment of $0.05 per share paid on March 28, 2025.

Share repurchases are another direct return mechanism. On June 17, 2025, the Board authorized up to $5 million in additional common stock buybacks over the next two years.

Shareholder capital return activity as of mid-2025:

• Shares repurchased in the six months ended June 30, 2025: 151,473 shares.
• Cost for those repurchases: $202,194 (average price of $1.33 per share).
• Remaining buyback authorization as of June 30, 2025: $4,994,853.
• Cumulative shares repurchased since August 2011 through March 31, 2025: 10,480,894 shares.
• Total cumulative outlay for buybacks through March 31, 2025: approximately $20.13 million at an average price of $1.92 per share.

Insider ownership is a measure of alignment, standing at around 26% as of March 2025.

High-stakes, formal legal negotiation and enforcement

The transactional agreements mentioned earlier often stem from high-stakes, formal legal negotiations. These negotiations are the precursor to the adversarial litigation or the final settlement that generates revenue.

The company's strategy is explicitly focused on monetizing four patent portfolios: the M2M/IoT, HFT, Cox, and Smart Home portfolios. The M2M/IoT portfolio patents are expected to extend until 2033-2034. The HFT Patent Portfolio terms are currently expected to extend until 2040.

The company's liquidity position supports these high-stakes activities. As of September 30, 2025, Network-1 had cash and cash equivalents and marketable securities of $37,097,000 and working capital of $36,856,000.

The relationship is one of necessary confrontation to secure value from the intellectual property assets.

Network-1 Technologies, Inc. (NTIP) - Canvas Business Model: Channels

You're looking at how Network-1 Technologies, Inc. (NTIP) pushes its value proposition-enforcing its intellectual property-out to its customer segments, which are primarily companies infringing on its patents. Their channels are a mix of formal legal venues and direct business interactions.

The primary enforcement channel is litigation, which is geographically focused based on where the target companies are located or where the company believes it has the best venue. This is a critical path for monetization, as evidenced by recent activity.

• U.S. District Court for the Western District of Texas.
• U.S. District Court for the Eastern District of Texas.
• U.S. District Court for the Northern District of Illinois.

For instance, on September 8, 2025, Network-1 Technologies, Inc. used its subsidiary HFT Solutions, LLC to start a case against Optiver US LLC and Optiver Trading US LLC specifically in the United States District Court for the Western District of Texas, asserting infringement of the HFT Patent Portfolio. Also, litigation against Samsung commenced in the United States District Court for the Eastern District of Texas on June 27, 2025, concerning the M2M/IoT Patent Portfolio.

Direct, private licensing negotiations form the second major channel, often running parallel to or following litigation initiation. The goal here is to convert an infringement claim into a steady revenue stream without the full cost and time of a protracted court battle. The historical success of this channel is significant, showing the potential payoff when negotiations work.

Patent Portfolio	Cumulative Revenue (Through Sep 30, 2025)	Source of Revenue
Remote Power Patent	In excess of $188,000,000	Licensing and other revenue since May 2007
Mirror Worlds Patent Portfolio	$47,150,000	Licensing and other revenue through September 30, 2025

The company's current nine-month revenue for 2025 reflects this channel's sporadic nature, coming in at $150,000 through September 30, 2025, compared to $100,000 in the same period in 2024, with both amounts derived from Remote Power Patent litigation settlements. This revenue variability means the balance sheet strength is key to sustaining operations between settlements.

Investor communication channels are essential for a publicly traded company like Network-1 Technologies, Inc. (NTIP) to keep stakeholders informed about the progress of its monetization efforts, which are the core of its business. You see this activity reported through mandatory disclosures and voluntary updates.

• SEC Filings, such as the 10-Q for the quarter ended September 30, 2025, filed on November 6, 2025.
• Press Releases, like the one on September 10, 2025, announcing the commencement of litigation against Optiver.

These filings and releases detail the status of patent portfolios, including the HFT, M2M/IoT, Cox, and Smart Home portfolios, and provide financial context, such as the $37,097,000 in cash and marketable securities as of September 30, 2025.

Wholly-owned subsidiaries are the operational vehicles used to execute specific monetization campaigns, keeping the parent company slightly insulated and allowing for focused management of distinct patent groups. HFT Solutions, LLC is the clear example here, formed in March 2022, which holds the HFT Patent Portfolio. This subsidiary was the entity that initiated the September 2025 litigation against Optiver. While the M2M/IoT portfolio litigation against Samsung was initiated by Network-1 Technologies, Inc. itself, the structure allows for clear separation of campaign focus, which is important for managing inventor interests, such as the arrangement where an inventor retains an interest that accelerates after the first $50 million recovered from a specific campaign.

Finance: draft 13-week cash view by Friday.

Network-1 Technologies, Inc. (NTIP) - Canvas Business Model: Customer Segments

You're looking at the distinct groups Network-1 Technologies, Inc. (NTIP) targets for monetization of its intellectual property, which is primarily driven by patent enforcement and licensing agreements.

The customer segments are defined by the specific patent portfolio relevant to their technology or investment profile. The company's strategy focuses on monetizing four main portfolios: M2M/IoT, HFT, Cox, and Smart Home, alongside the historical success of the Remote Power Patent.

Here's a look at the key groups:

• Large technology and telecom companies utilizing M2M/IoT and 5G technologies.
• High-Frequency Trading (HFT) firms using low-latency hardware.
• Companies deploying Power over Ethernet (PoE) technology via the Remote Power Patent.
• Financial investors focused on dividend yield and litigation-driven capital appreciation.

The litigation activity in late 2025 directly points to specific targets within the technology segments. For instance, the M2M/IoT Patent Portfolio is currently the subject of a lawsuit against a major electronics manufacturer.

Large technology and telecom companies (e.g., Samsung) using M2M/IoT and 5G technologies.

This segment is being addressed through the M2M/IoT Patent Portfolio, which covers enabling technology for eSIM and 5G. As of June 27, 2025, Network-1 Technologies, Inc. (NTIP) commenced patent litigation against Samsung Electronics Co., LTD and Samsung Electronics America, Inc. for alleged infringement of these patents. Network-1 Technologies, Inc. (NTIP) currently owns 115 U.S. patents and 17 international patents, some of which cover this area.

High-Frequency Trading (HFT) firms (e.g., Optiver, Citadel, Jump Trading) utilizing low-latency hardware.

The HFT Patent Portfolio targets firms using field-programmable gate array (FPGA) hardware for critical transaction latency gains. Network-1 Technologies, Inc. (NTIP)'s wholly owned subsidiary, HFT Solutions, LLC, started patent litigation against Optiver US LLC and Optiver Trading US LLC on September 8, 2025, alleging infringement of patents within this portfolio.

Companies utilizing Power over Ethernet (PoE) technology (Remote Power Patent).

This segment relates to Network-1 Technologies, Inc. (NTIP)'s most historically lucrative asset. The Remote Power Patent covers delivering power over Ethernet (PoE) cables to remotely power network devices. This patent has generated licensing revenue in excess of $188,000,000 from May 2007 through September 30, 2025. Revenue for the first nine months of 2025, which totaled $150,000, came specifically from litigation settlements related to this Remote Power Patent.

Financial investors seeking dividend yield and litigation-driven capital appreciation.

For investors, the appeal is tied to the company's cash position and dividend policy, which is subject to the outcome of patent monetization efforts. As of September 30, 2025, Network-1 Technologies, Inc. (NTIP) held cash and cash equivalents and marketable securities of $37,097,000. The Board maintained its semi-annual dividend policy, with the most recent payment of $0.05 per share paid on September 29, 2025. This results in an annualized dividend distribution of $0.10 per share, translating to a current dividend yield between 6.88% and 7.07%, which is significantly higher than the Industrials sector average of 1.67%. The company currently pays out -166.67% of its earnings as dividends.

Here's a quick view of the patent portfolio monetization history relevant to these segments:

Patent Portfolio / Revenue Source	Reporting Period End Date	Revenue Amount	Notes
Remote Power Patent Litigation Settlements	September 30, 2025 (Nine Months)	$150,000	Revenue for the nine months ended September 30, 2025
Remote Power Patent Cumulative Licensing Revenue	September 30, 2025	Over $188,000,000	Total revenue from May 2007 through this date
Mirror Worlds Patent Portfolio Licensing/Other Revenue	June 30, 2025	$47,150,000	Cumulative revenue through this date
Semi-Annual Dividend Per Share	September 2025	$0.05	Most recent payment
Annualized Dividend Per Share	Late 2025	$0.10	Implied from semi-annual payment

The M2M/IoT Patent Portfolio is also a focus, with Network-1 Technologies, Inc. (NTIP) having acquired a Smart Home Patent Portfolio on March 31, 2025, consisting of eight U.S. patents and one international patent, plus pending applications.

Network-1 Technologies, Inc. (NTIP) - Canvas Business Model: Cost Structure

You're looking at the expenses Network-1 Technologies, Inc. (NTIP) incurs to keep its intellectual property engine running, which is heavily weighted toward legal and corporate overhead since revenue generation is sporadic, relying on settlements.

High professional fees for patent litigation and legal defense represent a significant, variable cost. The focus on enforcement means legal fees drive operating expenses. For instance, in the third quarter ending September 30, 2025, Network-1 Technologies, Inc. was actively pursuing litigation, having filed suit against Optiver US LLC and Optiver Trading US LLC on September 8, 2025, and continuing the suit against Samsung related to the M2M/IoT Portfolio. While Q1 2025 saw operating expenses decrease by $123,000 year-over-year, largely due to a $98,000 reduction in professional fees from lower litigation spending compared to the prior year, these costs remain a primary component of the operational burn rate.

The cost to hold and protect the intellectual property base is a recurring expense. Network-1 Technologies, Inc. currently owns 115 U.S. patents and 17 international patents as of September 30, 2025. While specific annual maintenance fees aren't itemized, the depreciation of this asset class is captured. For the first quarter of 2025, the Amortization of patents expense was reported as $30,000.

Maintaining the corporate shell to manage these assets falls under General and administrative (G&A) expenses. For the first quarter ended March 31, 2025, G&A expenses were $602,000. Overall operating expenses for the third quarter ended September 30, 2025, were $0.80M, which was an improvement, falling from $0.90M in Q3 2024.

The investment in ILiAD Biotechnologies, LLC, creates a non-cash cost in the form of Equity method losses. These losses directly reduce net income. For the three months ended September 30, 2025, Network-1 Technologies, Inc. recorded an equity method loss of $0.354M (or $354,000). Over the first nine months of 2025, this loss totaled $1,095,000.

Network-1 Technologies, Inc. commits capital to shareholders through Costs associated with capital returns, which are sustained by the company's strong cash position, even with zero quarterly revenue in Q3 2025.

Here's a quick look at the capital return costs for the period ending September 30, 2025:

Capital Return Activity	Period	Amount/Shares	Financial Metric
Semi-Annual Dividend Declared	September 2025	$0.05 per share	Cash Payout
Share Repurchases	Q3 2025	56,705 shares	Cost: $78,428
Share Repurchases	Nine Months Ended Sep 30, 2025	208,178 shares	Cost: $280,623
Remaining Share Repurchase Authorization	As of Sep 30, 2025	N/A	$4,916,425 remaining

The company's commitment to its dividend policy, which targets $0.10 per share annually, is a predictable cash outflow, though the Board retains discretion.

Network-1 Technologies, Inc. (NTIP) - Canvas Business Model: Revenue Streams

You're looking at the hard numbers for how Network-1 Technologies, Inc. (NTIP) brings in cash right now. It's a story told in settlements and portfolio monetization efforts.

Non-recurring patent licensing settlements from litigation are a primary driver, though lumpy by nature. For the nine months ended September 30, 2025, total revenue was reported as $150,000. This specific amount came from settlements related to the Remote Power Patent litigation. To give you context on that specific asset, the Remote Power Patent has generated licensing revenue in excess of $188,000,000 from May 2007 through September 30, 2025.

The revenue for the nine months ended September 30, 2025, totaled $150,000. This contrasts with the three-month period ending September 30, 2025, which reported no revenue for that quarter.

Beyond direct litigation settlements, passive income contributes. Interest and dividend income from the marketable securities portfolio was strong in the first quarter of 2025, hitting $484,000 for the quarter ended March 31, 2025. Also in Q1 2025, the company recorded realized and unrealized gains on marketable securities of $149,000.

Historical licensing revenue from legacy portfolios shows significant past success. Specifically, Network-1 Technologies, Inc. has achieved licensing and other revenue of $47,150,000 through September 30, 2025, with respect to its Mirror Worlds Patent Portfolio.

The current strategy points toward future revenue streams from newer assets. Network-1 Technologies, Inc.'s current strategy includes efforts to monetize four patent portfolios, which are the M2M/IoT, HFT, Cox, and Smart Home portfolios. As a concrete step toward monetizing the HFT portfolio, Network-1's wholly owned subsidiary, HFT Solutions, LLC, commenced patent litigation against Optiver US LLC and Optiver Trading US LLC in September 2025.

Here is a breakdown of key revenue-related figures as of late 2025:

Revenue Component	Amount/Value	Period/Date
Nine Months Ended Revenue	$150,000	Nine Months Ended September 30, 2025
Mirror Worlds Patent Portfolio Revenue (Cumulative)	$47,150,000	Through September 30, 2025
Remote Power Patent Revenue (Cumulative)	In excess of $188,000,000	May 2007 through September 30, 2025
Interest and Dividend Income	$484,000	Quarter Ended March 31, 2025 (Q1 2025)
Marketable Securities Gains	$149,000	Quarter Ended March 31, 2025 (Q1 2025)

The company is actively pursuing monetization through litigation and licensing efforts across its portfolio, which includes:

• M2M/IoT patent portfolio.
• HFT patent portfolio, with litigation started in September 2025.
• Cox patent portfolio.
• Smart Home Patent Portfolio, acquired March 31, 2025.

Finance: draft 13-week cash view by Friday.