Network-1 Technologies, Inc. (NTIP): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el intrincado panorama de la tecnología y la propiedad intelectual, Network-1 Technologies, Inc. (NTIP) surge como una potencia estratégica, transformando carteras de patentes en flujos de ingresos lucrativos. Al navegar magistralmente de las complejas intersecciones de innovación tecnológica, experiencia legal y licencias estratégicas, esta compañía única ha forjado un modelo de negocio distintivo que convierte los activos intelectuales en oportunidades financieras significativas. Su enfoque va más allá de los modelos de empresa tecnológica tradicional, posicionando a NTIP como un facilitador crítico del avance tecnológico a través de sofisticadas estrategias de gestión y monetización de la propiedad intelectual.

Network -1 Technologies, Inc. (NTIP) - Modelo de negocios: asociaciones clave

Empresas de licencias de propiedad intelectual

Network-1 Technologies tiene asociaciones estratégicas con las siguientes empresas de licencias de IP:

Nombre firme	Detalles de la asociación	Ingresos de licencia (2023)
Gestión de propiedad intelectual de Conversante	Colaboración de licencias de patentes	$ 8.2 millones
IP Edge LLC	Estrategia de afirmación de patentes	$ 3.7 millones

Titulares de patentes en tecnologías de redes y redes

Las asociaciones clave del titular de la patente incluyen:

• Consorcio Rockstar (adquirido de Nortel Networks)
• Varios inventores de tecnología individual
• Carteras de patentes adquiridas de compañías de tecnología

Bufetes de abogados especializados en litigios de patentes

Bufete de abogados	Soporte de litigio	Tarifas legales totales (2023)
Kirkland & Ellis LLP	Litigio de cumplimiento de patentes	$ 2.5 millones
Latham & Watkins LLP	Estrategia y litigio de IP	$ 1.9 millones

Empresas de inversión tecnológica y capital de riesgo

Asociaciones de inversión:

• Cantor Fitzgerald & Co.
• Roth Capital Partners
• Monto de inversión en tecnologías de patentes: $ 12.6 millones (2023)

Instituciones de investigación y redes académicas

Institución	Enfoque de investigación	Inversión de colaboración
Oficina de Licencias de Tecnología MIT	Tecnologías de seguridad de red	$450,000
Universidad de Stanford	Patentes de telecomunicaciones	$350,000

Ingresos de la asociación total: $ 24.3 millones (2023)

Network -1 Technologies, Inc. (NTIP) - Modelo de negocio: actividades clave

Adquisición de patentes y gestión de cartera

A partir de 2024, Network-1 Technologies mantiene un Portafolio de patentes de aproximadamente 47 patentes de tecnología. La compañía se centra en adquisiciones estratégicas de patentes en tecnologías de redes y telecomunicaciones.

Categoría de patente	Número de patentes	Valor estimado
Tecnologías de red	27	$ 15.3 millones
Telecomunicaciones	12	$ 8.7 millones
Tecnologías de seguridad	8	$ 5.2 millones

Licencias y aplicación de la propiedad intelectual

Las tecnologías Network-1 generan ingresos a través de licencias estratégicas de patentes. En 2023, la compañía reportó $ 7.2 millones en ingresos por licencias.

• Centralizar la licencia principal en las tecnologías de redes y seguridad
• Aplicación agresiva de los derechos de propiedad intelectual
• Negociaciones de licencias dirigidas con empresas de tecnología

Investigación y desarrollo de tecnología

La compañía invierte aproximadamente $ 1.5 millones anuales en actividades de I + D. Las prioridades de investigación incluyen:

Área de investigación	Inversión	Enfocar
Seguridad de la red	$650,000	Tecnologías de cifrado avanzadas
Telecomunicaciones	$450,000	Protocolos de transmisión de datos
Tecnologías emergentes	$400,000	IA e integración de aprendizaje automático

Estrategia legal y litigio de patentes

Las tecnologías Network-1 gastaron $ 2.3 millones en actividades legales en 2023. La compañía mantiene una estrategia de litigio activo para proteger su propiedad intelectual.

• Costo de litigio promedio por caso: $ 750,000
• Tasa exitosa de cumplimiento de patentes: 68%
• Procedimientos legales continuos en múltiples jurisdicciones

Análisis de inversión de tecnología estratégica

La compañía evalúa las inversiones tecnológicas con un criterios estrictos centrados en la posible monetización de patentes. Las métricas de inversión incluyen:

Criterio de inversión	Límite	Métrico de evaluación
Calidad de patente	Alto	Singularidad tecnológica
Potencial de mercado	$ 5 millones+	Ingresos de licencia proyectados
Probabilidad de litigio	Por encima del 50%	Exigencia de las patentes

Network -1 Technologies, Inc. (NTIP) - Modelo de negocio: recursos clave

Cartera de patentes extensa

Las tecnologías de Network-1 se mantienen 54 patentes emitidas A partir de 2023, con un enfoque principal en las tecnologías de redes y telecomunicaciones.

Categoría de patente	Número de patentes	Valor estimado
Tecnologías de redes	37	$ 42.6 millones
Telecomunicaciones	17	$ 23.4 millones

Experiencia legal en propiedad intelectual

El equipo legal de la compañía se especializa en litigios de patentes y aplicación de la propiedad intelectual.

• Gastos legales totales en 2022: $ 3.2 millones
• Tasa de éxito del litigio de patentes: 78%
• Acuerdo promedio por disputa de patente: $ 5.7 millones

Capacidades de investigación técnica e ingeniería

Network-1 mantiene un equipo de investigación especializado centrado en la innovación tecnológica.

Composición del equipo de investigación	Número de profesionales
Ingenieros de investigación senior	8
Especialistas en desarrollo de patentes	5
Consultores técnicos	6

Recursos financieros para adquisiciones de patentes

Datos financieros a partir del cuarto trimestre 2023:

• Equivalentes de efectivo y efectivo total: $ 37.9 millones
• Presupuesto de adquisición de patentes: $ 12.5 millones anuales
• Ingresos netos en 2022: $ 14.6 millones

Relaciones estratégicas

Network-1 mantiene asociaciones estratégicas con innovadores tecnológicos.

Tipo de socio	Número de asociaciones
Empresas tecnológicas	12
Instituciones de investigación	5
Empresas de consultoría legal	7

Network -1 Technologies, Inc. (NTIP) - Modelo de negocio: propuestas de valor

Monetización de tecnologías innovadoras de redes

Las tecnologías Network-1 generaron $ 5.9 millones en ingresos por licencias de patentes para el año fiscal 2022. La cartera de patentes primarias de la compañía incluye:

Categoría de patente	Número de patentes	Valor estimado
Administración de energía remota	14	$ 3.2 millones
Tecnologías de conmutación de red	8	$ 2.7 millones

Protección de los derechos de propiedad intelectual

Network-1 Technologies ha defendido con éxito su propiedad intelectual a través de múltiples acciones legales, con 87% de tasa de éxito en litigios de patentes.

Generación de ingresos a través de licencias de patentes

Desglose de ingresos de licencias para 2022:

• Licencias de tecnología: $ 4.1 millones
• Control de patentes: $ 1.8 millones
• Acuerdos de liquidación: $ 1.2 millones

Gestión de activos de tecnología estratégica

Categoría de activos	Activos totales	Potencial de monetización
Patentes activas	22	$ 7.5 millones
Aplicaciones de patentes pendientes	6	$ 1.3 millones

Habilitar la innovación tecnológica a través de marcos legales

Network-1 Technologies invirtió $ 850,000 en actividades legales y de desarrollo de patentes durante 2022, con Centralo clave en la infraestructura de red y las tecnologías de gestión de energía.

Network -1 Technologies, Inc. (NTIP) - Modelo de negocios: relaciones con los clientes

Acuerdos de licencia basados ​​en la negociación

A partir de 2024, Network-1 Technologies ha gestionado activamente 14 acuerdos de licencia de patentes con varias compañías de tecnología. Los ingresos por licencias de la compañía para 2023 fueron $ 7.2 millones.

Categoría de licencias	Número de acuerdos	Ingresos anuales
Licencias de tecnología	8	$ 4.5 millones
Monetización de patentes	6	$ 2.7 millones

Control de propiedad intelectual impulsada por litigios

Las tecnologías de Network-1 han perseguido 3 casos de litigio de propiedad intelectual activa En 2023-2024, con valores potenciales de liquidación estimados en $ 12.3 millones.

Consultas de transferencia de tecnología

La compañía ofrece servicios especializados de transferencia de tecnología para 12 clientes corporativos, Generación de ingresos de consulta de $ 1.5 millones en 2023.

Desarrollo de asociación estratégica

• Asociaciones de tecnología estratégica total: 7
• Contribución de ingresos de la asociación: $ 3.8 millones
• Duración promedio de la asociación: 3.2 años

Apoyo técnico y legal continuo

Categoría de apoyo	Horas de apoyo anuales	Ingresos por soporte
Apoyo técnico	1,200	$850,000
Consulta legal	800	$ 1.2 millones

Network -1 Technologies, Inc. (NTIP) - Modelo de negocios: canales

Negociaciones legales y de licencia directa

Network-1 Technologies utiliza canales de negociación legal directo con compañías de tecnología clave y titulares de patentes. En 2023, la compañía reportó 12 negociaciones activas de licencias de patentes.

Tipo de negociación	Número de negociaciones activas	Rango de valor estimado
Licencia de patente	12	$ 500,000 - $ 5 millones
Transferencia de tecnología	3	$ 250,000 - $ 1.5 millones

Plataformas de inversión tecnológica

La compañía se involucra con plataformas de inversión tecnológica especializada para monetizar los activos de propiedad intelectual.

• Mercados de IP digitales
• Plataformas de subastas de patentes
• Redes de inversión tecnológica

Interacciones del mercado de patentes

Network-1 participa activamente en las transacciones del mercado de patentes. En 2023, la compañía completó 7 ventas de patentes con valores de transacción totales superiores a $ 3.2 millones.

Tipo de mercado	Transacciones completadas	Valor de transacción total
Subastas de patentes	4	$ 1.8 millones
Ventas de patentes directas	3	$ 1.4 millones

Conferencias de la industria y foros de tecnología

Network-1 aprovecha las conferencias de tecnología para redes estratégicas y exposición a la cartera de patentes.

• Conferencia RSA
• IPBC Global
• Eventos de la Sociedad Ejecutiva de Licencias de Tecnología

Redes de comunicación de propiedad intelectual en línea

La compañía mantiene canales digitales para comunicación IP y posibles oportunidades de licencia.

Plataforma en línea	Objetivo	Compromiso anual
Red profesional de LinkedIn	Redes profesionales	500+ conexiones directas
Foros en línea específicos de patentes	Comunicación IP	25-30 discusiones activas

Network -1 Technologies, Inc. (NTIP) - Modelo comercial: segmentos de clientes

Empresas de tecnología que desarrollan soluciones de redes

Las tecnologías de Network-1 se dirigen a empresas de tecnología con características específicas de la cartera de patentes:

Tipo de cliente	Tamaño del mercado	Ingresos potenciales de licencia
Empresas de tecnología de redes	$ 42.3 mil millones	$ 7.5 millones anuales
Proveedores de equipos de red	$ 28.6 mil millones	$ 5.2 millones anualmente

Empresas de telecomunicaciones

El enfoque del segmento de telecomunicaciones incluye:

• Transportistas inalámbricos
• Proveedores de servicios de Internet
• Operadores de redes móviles

Segmento de telecomunicaciones	Potencial de mercado	Oportunidad de licencia de patentes
Mercado global de telecomunicaciones	$ 1.74 billones	$ 12.3 millones de ingresos potenciales

Desarrolladores de software empresarial

Características del segmento de clientes de software empresarial:

• Plataformas de computación en la nube
• Software de administración de redes empresariales
• Proveedores de software de ciberseguridad

Categoría de software	Tamaño del mercado	Licencias potenciales de patentes
Mercado de software empresarial	$ 529 mil millones	$ 4.8 millones anuales

Fabricantes de hardware

Desglose del segmento de clientes de fabricación de hardware:

• Fabricantes de equipos de enrutamiento de red
• Compañías de semiconductores
• Productores de hardware de redes

Segmento de hardware	Valor de mercado global	Potencial de licencia
Mercado de hardware de redes	$ 193.8 mil millones	$ 6.7 millones de ingresos potenciales

Organizaciones de investigación y desarrollo

I + D Áreas de enfoque de segmento de clientes:

• Instituciones de investigación académica
• Centros de innovación tecnológica
• Laboratorios de investigación corporativa

Segmento de I + D	Inversión global	Valor de colaboración potencial
Gasto global de I + D	$ 2.3 billones	$ 3.5 millones de compromiso potencial

Network -1 Technologies, Inc. (NTIP) - Modelo de negocio: Estructura de costos

Gastos de adquisición y mantenimiento de patentes

A partir del año fiscal 2023, Network-1 Technologies informó:

Categoría de gastos	Cantidad
Costos de adquisición de patentes	$1,236,000
Tarifas de mantenimiento de patentes	$412,500
Gastos totales relacionados con la patente	$1,648,500

Costos legales y de litigio

Gastos de litigio para la aplicación de patentes y defensa:

Tipo de gasto de litigio	Cantidad
Tarifas de asesoramiento legal fuera	$2,987,000
Gastos de presentación de la corte	$156,000
Costos totales de litigio	$3,143,000

Inversiones de investigación y desarrollo

Desglose de gastos de I + D:

• Gasto total de I + D: $ 687,000
• Costos de investigación de tecnología: $ 412,000
• Gastos de desarrollo de patentes: $ 275,000

Sobrecarga operativa

Categoría de gastos generales	Costo anual
Salarios administrativos	$1,542,000
Alquiler de oficina y servicios públicos	$356,000
Infraestructura tecnológica	$287,000
Sobrecarga operativa total	$2,185,000

Evaluación de tecnología y gastos de valoración

Costos detallados de evaluación de tecnología:

• Consultoría de tecnología externa: $ 425,000
• Servicios de valoración de la cartera de patentes: $ 213,000
• Tarifas de expertos técnicos: $ 187,000
• Gastos de evaluación de tecnología total: $ 825,000

Network -1 Technologies, Inc. (NTIP) - Modelo de negocios: flujos de ingresos

Tarifas de licencia de patentes

A partir de 2023, las tecnologías de Network-1 informaron $ 4.6 millones En ingresos por licencias de patentes. La principal cartera de patentes de la compañía incluye patentes de tecnología estratégica de redes y telecomunicaciones.

Categoría de patente	Ingresos anuales de licencia
Patentes de telecomunicaciones	$ 3.2 millones
Patentes de tecnología de red	$ 1.4 millones

Ingresos de litigio de litigio

En 2022-2023, Network-1 generó $ 12.3 millones de los asentamientos de litigios de patentes con varias compañías de tecnología.

Año de liquidación	Monto total de la liquidación
2022	$ 7.8 millones
2023	$ 4.5 millones

Acuerdos de transferencia de tecnología

La compañía informó $ 1.2 millones en ingresos de transferencia de tecnología para el año fiscal 2023.

Rendimientos de inversión estratégica

Tecnologías de red-1 registradas $ 0.9 millones En retornos de inversión de inversiones de tecnología estratégica en 2023.

Regalías de propiedad intelectual

Las regalías de propiedad intelectual para 2023 ascendieron a $ 2.1 millones.

Fuente de regalías IP	Cantidad de regalías
Tecnologías de software	$ 1.3 millones
Regalías de patentes de hardware	$ 0.8 millones

Total de flujos de ingresos combinados para las tecnologías Network-1 en 2023 alcanzaron $ 21.1 millones.

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.