Network-1 Technologies, Inc. (NTIP): Business Model Canvas [Jan-2025 Mis à jour]

Dans le paysage complexe de la technologie et de la propriété intellectuelle, Network-1 Technologies, Inc. (NTIP) émerge comme une puissance stratégique, transformant des portefeuilles de brevets en sources de revenus lucratives. En naviguant magistralement dans les intersections complexes de l'innovation technologique, de l'expertise juridique et des licences stratégiques, cette entreprise unique a creusé un modèle commercial distinctif qui transforme les actifs intellectuels en opportunités financières importantes. Leur approche va au-delà des modèles traditionnels de l'entreprise technologique, positionnant NTIP en tant que catalyseur critique de l'avancement technologique grâce à des stratégies sophistiquées de gestion de la propriété intellectuelle et de la monétisation.

Network-1 Technologies, Inc. (NTIP) - Modèle commercial: partenariats clés

Entreprises de licence de propriété intellectuelle

Network-1 Technologies a des partenariats stratégiques avec les sociétés de licence IP suivantes:

Nom de l'entreprise	Détails du partenariat	Revenus de licence (2023)
Gestion de propriété intellectuelle au courant	Collaboration sur les licences de brevets	8,2 millions de dollars
IP Edge LLC	Stratégie d'assurance-brevet	3,7 millions de dollars

Porte-brevets dans les technologies de réseautage et de sécurité

Les partenariats clés des titulaires de brevets comprennent:

• Rockstar Consortium (acquis de Nortel Networks)
• Divers inventeurs de technologie individuels
• Portefeuilles de brevets acquis auprès de sociétés technologiques

Des cabinets d'avocats spécialisés dans les litiges de brevet

Cabinet d'avocats	Soutien au litige	Total des frais juridiques (2023)
Kirkland & Ellis LLP	Litige d'application des brevets	2,5 millions de dollars
Latham & Watkins LLP	Stratégie et litige IP	1,9 million de dollars

Cirmités d'investissement technologique et de capital-risque

Partenariats d'investissement:

• Cantor Fitzgerald & Co.
• Roth Capital Partners
• Montant d'investissement dans les technologies des brevets: 12,6 millions de dollars (2023)

Institutions de recherche et réseaux académiques

Institution	Focus de recherche	Investissement de collaboration
MIT Technology Licensing Office	Technologies de sécurité du réseau	$450,000
Université de Stanford	Brevets de télécommunications	$350,000

Revenus de partenariat total: 24,3 millions de dollars (2023)

Network-1 Technologies, Inc. (NTIP) - Modèle d'entreprise: activités clés

Acquisition de brevets et gestion du portefeuille

En 2024, les technologies du réseau-1 maintient un portefeuille de brevets d'environ 47 brevets technologiques. La société se concentre sur les acquisitions stratégiques des brevets dans les technologies de réseautage et de télécommunications.

Catégorie de brevet	Nombre de brevets	Valeur estimée
Technologies de réseau	27	15,3 millions de dollars
Télécommunications	12	8,7 millions de dollars
Technologies de sécurité	8	5,2 millions de dollars

Licence et application de la propriété intellectuelle

Les technologies du réseau-1 génèrent des revenus grâce à des licences de brevets stratégiques. En 2023, la société a déclaré 7,2 millions de dollars de revenus de licence.

• Les licences primaires se concentrent sur les technologies de réseautage et de sécurité
• Application agressive des droits de propriété intellectuelle
• Négociations de licence ciblées avec les entreprises technologiques

Recherche et développement technologiques

L'entreprise investit Environ 1,5 million de dollars par an en activités de R&D. Les priorités de recherche comprennent:

Domaine de recherche	Investissement	Se concentrer
Sécurité du réseau	$650,000	Technologies de chiffrement avancées
Télécommunications	$450,000	Protocoles de transmission de données
Technologies émergentes	$400,000	Intégration de l'IA et de l'apprentissage automatique

Stratégie juridique et litige de brevet

Les technologies du réseau-1 ont dépensé 2,3 millions de dollars en activités juridiques en 2023. La Société maintient une stratégie de litige active pour protéger sa propriété intellectuelle.

• Coût moyen du litige par cas: 750 000 $
• Taux d'application des brevets réussi: 68%
• Procédure judiciaire en cours dans plusieurs juridictions

Analyse des investissements technologiques stratégiques

L'entreprise évalue les investissements technologiques avec un Critères stricts axés sur la monétisation des brevets potentiels. Les mesures d'investissement comprennent:

Critères d'investissement	Seuil	Métrique d'évaluation
Qualité des brevets	Haut	Unicité technologique
Potentiel de marché	5 millions de dollars +	Revenus de licence projetés
Probabilité de litige	Au-dessus de 50%	Applicable des brevets

Network-1 Technologies, Inc. (NTIP) - Modèle d'entreprise: Ressources clés

Portefeuille de brevets étendus

Les technologies du réseau-1 tient 54 brevets délivrés En 2023, avec un accent principal sur les technologies de réseautage et de télécommunications.

Catégorie de brevet	Nombre de brevets	Valeur estimée
Technologies de réseautage	37	42,6 millions de dollars
Télécommunications	17	23,4 millions de dollars

Expertise juridique en propriété intellectuelle

L'équipe juridique de l'entreprise est spécialisée dans les litiges de brevets et l'application de la propriété intellectuelle.

• Total des dépenses juridiques en 2022: 3,2 millions de dollars
• Taux de réussite des litiges sur les brevets: 78%
• Règlement moyen par litige en matière de brevet: 5,7 millions de dollars

Capacités de recherche technique et d'ingénierie

Network-1 maintient une équipe de recherche spécialisée axée sur l'innovation technologique.

Composition de l'équipe de recherche	Nombre de professionnels
Ingénieurs de recherche principaux	8
Spécialistes du développement des brevets	5
Consultants techniques	6

Ressources financières pour les acquisitions de brevets

Données financières au Q4 2023:

• Total des équivalents en espèces et en espèces: 37,9 millions de dollars
• Budget d'acquisition de brevets: 12,5 millions de dollars par an
• Revenu net en 2022: 14,6 millions de dollars

Relations stratégiques

Network-1 maintient des partenariats stratégiques avec les innovateurs technologiques.

Type de partenaire	Nombre de partenariats
Entreprises technologiques	12
Institutions de recherche	5
Cabinets de conseil juridique	7

Network-1 Technologies, Inc. (NTIP) - Modèle d'entreprise: propositions de valeur

Monétisation des technologies de réseautage innovantes

Les technologies du réseau-1 ont généré 5,9 millions de dollars de revenus de licence de brevet pour l'exercice 2022. Le principal portefeuille de brevets de la société comprend:

Catégorie de brevet	Nombre de brevets	Valeur estimée
Gestion de l'alimentation à distance	14	3,2 millions de dollars
Technologies de commutation de réseau	8	2,7 millions de dollars

Protection des droits de propriété intellectuelle

Network-1 Technologies a défendu avec succès sa propriété intellectuelle par le biais de plusieurs actions en justice, avec Taux de réussite de 87% en litige en matière de brevets.

Génération des revenus grâce à une licence de brevet

Récolté des revenus de licence pour 2022:

• Licence de technologie: 4,1 millions de dollars
• Application des brevets: 1,8 million de dollars
• Accords de règlement: 1,2 million de dollars

Gestion stratégique des actifs technologiques

Catégorie d'actifs	Actif total	Potentiel de monétisation
Brevets actifs	22	7,5 millions de dollars
Demandes de brevet en instance	6	1,3 million de dollars

Activer l'innovation technologique à travers des cadres juridiques

Network-1 Technologies a investi 850 000 $ dans des activités de développement juridique et de brevet en 2022, avec Focus clé sur l'infrastructure réseau et les technologies de gestion de la puissance.

Network-1 Technologies, Inc. (NTIP) - Modèle d'entreprise: relations clients

Accords de licence basés sur la négociation

En 2024, Network-1 Technologies a activement géré 14 accords de licence de brevet avec diverses entreprises technologiques. Les revenus de licence de l'entreprise pour 2023 étaient 7,2 millions de dollars.

Catégorie de licence	Nombre d'accords	Revenus annuels
Licence de technologie	8	4,5 millions de dollars
Monétisation des brevets	6	2,7 millions de dollars

Application de la propriété intellectuelle axée sur les litiges

Network-1 Technologies a poursuivi 3 cas de litige de propriété intellectuelle active en 2023-2024, avec des valeurs de règlement potentielles estimées à 12,3 millions de dollars.

Consultations de transfert de technologie

L'entreprise fournit des services de transfert de technologie spécialisés à 12 clients d'entreprise, générant des revenus de consultation de 1,5 million de dollars en 2023.

Développement de partenariat stratégique

• Partenariats technologiques stratégiques totaux: 7
• Contribution des revenus du partenariat: 3,8 millions de dollars
• Durée moyenne du partenariat: 3,2 ans

Soutien technique et juridique continu

Catégorie de support	Heures de soutien annuelles	Soutenir les revenus
Support technique	1,200	$850,000
Consultation juridique	800	1,2 million de dollars

Network-1 Technologies, Inc. (NTIP) - Modèle d'entreprise: canaux

Négociations légales et licences directes

Les technologies du réseau-1 utilisent des canaux de négociation juridique directs avec des sociétés technologiques clés et des titulaires de brevets. En 2023, la société a signalé 12 négociations de licence de brevets actifs.

Type de négociation	Nombre de négociations actives	Plage de valeur estimée
Licence de brevet	12	500 000 $ - 5 millions de dollars
Transfert de technologie	3	250 000 $ - 1,5 million de dollars

Plateformes d'investissement technologique

La société s'engage avec des plateformes d'investissement en technologie spécialisée pour monétiser les actifs de propriété intellectuelle.

• Marchés IP numériques
• Plates-formes d'enchères de brevet
• Réseaux d'investissement technologique

Interactions sur le marché des brevets

Network-1 participe activement aux transactions sur le marché des brevets. En 2023, la Société a réalisé 7 ventes de brevets avec des valeurs totales de transaction supérieures à 3,2 millions de dollars.

Type de marché	Transactions effectuées	Valeur totale de transaction
Ventes aux enchères de brevets	4	1,8 million de dollars
Ventes de brevets directs	3	1,4 million de dollars

Conférences de l'industrie et forums technologiques

Network-1 tire parti des conférences technologiques pour la mise en réseau stratégique et l'exposition au portefeuille de brevets.

• Conférence RSA
• IPBC Global
• Technologie Licensing Executive Society Events

Réseaux de communication de la propriété intellectuelle en ligne

La société maintient les canaux numériques pour la communication IP et les opportunités de licence potentielles.

Plate-forme en ligne	But	Engagement annuel
LinkedIn Professional Network	Réseautage professionnel	500+ connexions directes
Forums en ligne spécifiques aux brevets	Communication IP	25-30 discussions actives

Network-1 Technologies, Inc. (NTIP) - Modèle d'entreprise: segments de clientèle

Les entreprises technologiques développant des solutions de réseautage

Network-1 Technologies cible les entreprises technologiques avec des caractéristiques de portefeuille de brevets spécifiques:

Type de client	Taille du marché	Revenus de licence potentielle
Entreprises de technologie de réseautage	42,3 milliards de dollars	7,5 millions de dollars par an
Fournisseurs d'équipements de réseau	28,6 milliards de dollars	5,2 millions de dollars par an

Entreprises de télécommunications

Le focus du segment des télécommunications comprend:

• Opérateurs sans fil
• Fournisseurs de services Internet
• Opérateurs de réseaux mobiles

Segment des télécommunications	Potentiel de marché	Opportunité de licence de brevet
Marché mondial des télécommunications	1,74 billion de dollars	12,3 millions de dollars de revenus potentiels

Développeurs de logiciels d'entreprise

Caractéristiques du segment des clients du logiciel d'entreprise:

• Plates-formes de cloud computing
• Logiciel de gestion du réseau d'entreprise
• Fournisseurs de logiciels de cybersécurité

Catégorie de logiciels	Taille du marché	Licence de brevet potentielle
Marché des logiciels d'entreprise	529 milliards de dollars	4,8 millions de dollars par an

Fabricants de matériel

Répartition du segment de la clientèle de fabrication de matériel:

• Fabricants d'équipements de routage de réseau
• Sociétés de semi-conducteurs
• Producteurs de matériel de réseautage

Segment matériel	Valeur marchande mondiale	Potentiel de licence
Marché du matériel de réseautage	193,8 milliards de dollars	6,7 millions de dollars de revenus potentiels

Organisations de recherche et de développement

R&D Client Customer Segment Focus Daires:

• Établissements de recherche universitaire
• Centres d'innovation technologique
• Laboratoires de recherche d'entreprise

Segment R&D	Investissement mondial	Valeur de collaboration potentielle
Dépenses mondiales de R&D	2,3 billions de dollars	3,5 millions de dollars d'engagement potentiel

Network-1 Technologies, Inc. (NTIP) - Modèle d'entreprise: Structure des coûts

Frais d'acquisition de brevets et d'entretien

Depuis 2023 Exercice, Network-1 Technologies a rapporté: a rapporté:

Catégorie de dépenses	Montant
Coûts d'acquisition de brevets	$1,236,000
Frais de maintenance des brevets	$412,500
Dépenses totales liées aux brevets	$1,648,500

Frais juridiques et litiges

Frais de litige pour l'application et la défense des brevets:

Type de dépenses de litige	Montant
Frais de conseils juridiques extérieurs	$2,987,000
Dépenses de dépôt du tribunal	$156,000
Coûts de litige total	$3,143,000

Investissements de recherche et développement

Répartition des dépenses de R&D:

• Dépenses totales de R&D: 687 000 $
• Coûts de recherche technologique: 412 000 $
• Frais de développement des brevets: 275 000 $

Frais généraux opérationnels

Catégorie aérienne	Coût annuel
Salaires administratifs	$1,542,000
Loyer de bureau et services publics	$356,000
Infrastructure technologique	$287,000
Offres opérationnels totaux	$2,185,000

Évaluation des technologies et frais d'évaluation

Coûts d'évaluation des technologies détaillées:

• Conseil en technologie externe: 425 000 $
• Services d'évaluation du portefeuille de brevets: 213 000 $
• Frais d'expert techniques: 187 000 $
• Dépenses totales d'évaluation de la technologie: 825 000 $

Network-1 Technologies, Inc. (NTIP) - Modèle d'entreprise: Strots de revenus

Frais de licence de brevet

En 2023, les technologies du réseau-1 rapportées 4,6 millions de dollars dans les revenus des licences de brevets. Le principal portefeuille de brevets de la société comprend des brevets stratégiques de réseautage et de technologie de télécommunications.

Catégorie de brevet	Revenus de licence annuelle
Brevets de télécommunications	3,2 millions de dollars
Brevets technologiques de réseau	1,4 million de dollars

Revenus de règlement des litiges

En 2022-2023, le réseau-1 généré 12,3 millions de dollars à partir des règlements de litiges en matière de brevets avec diverses sociétés technologiques.

Année de règlement	Montant total de règlement
2022	7,8 millions de dollars
2023	4,5 millions de dollars

Accords de transfert de technologie

La société a signalé 1,2 million de dollars dans les revenus de transfert de technologie pour l'exercice 2023.

Rendements d'investissement stratégiques

Technologies de réseau-1 enregistrées 0,9 million de dollars dans les rendements des investissements des investissements technologiques stratégiques en 2023.

Royalités de la propriété intellectuelle

Les redevances en matière de propriété intellectuelle pour 2023 se sont élevées à 2,1 millions de dollars.

Source de redevance IP	Montant des redevances
Technologies logicielles	1,3 million de dollars
Redevances de brevet matériel	0,8 million de dollars

Total des sources de revenus combinées pour les technologies du réseau-1 en 2023 21,1 millions de dollars.

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.