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Network 1 Technologies Inc   (NTIP)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates
 
Price: $2.1000 $-0.02 -0.943%
Day's High: $2.15 Week Perf: -2.33 %
Day's Low: $ 2.08 30 Day Perf: -4.55 %
Volume (M): 10 52 Wk High: $ 2.60
Volume (M$): $ 21 52 Wk Avg: $2.21
Open: $2.08 52 Wk Low: $2.02



 Market Capitalization (Millions $) 51
 Shares Outstanding (Millions) 24
 Employees 3
 Revenues (TTM) (Millions $) 3
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 3
 Capital Exp. (TTM) (Millions $) 0

Network 1 Technologies Inc

Our principal business is the development, licensing and protection of our intellectual property assets. We presently own fifty-one (51) patents including (i) our remote power patent ("Remote Power Patent") covering the delivery of power over Ethernet (PoE) cables for the purpose of remotely powering network devices, such as wireless access ports, IP phones and network based cameras; (ii) our Mirror Worlds patent portfolio (the "Mirror Worlds Patent Portfolio") relating to foundational technologies that enable unified search and indexing, displaying and archiving of documents in a computer system; (iii) our Cox patent portfolio (the "Cox Patent Portfolio") relating to enabling technology for identifying media content on the Internet and taking further action to be performed based on such identification; (iv) our M2M/IoT patent portfolio (the "M2M/IoT Patent Portfolio") relating to, among other things, enabling technology for authenticating and using embedded sim cards in next generation IoT, Machine-to-Machine, and other mobile devices, including smartphones, tablets and computers; and (v) the QoS patents (the "QoS Patents") covering systems and methods for the transmission of audio, video and data in order to achieve high quality of service (QoS) over computer and telephony networks. In addition, we continually review opportunities to acquire or license additional intellectual property.

Our Remote Power Patent (U.S. Patent No. 6,218,930) relates to several technologies which describe a methodology for controlling the delivery of power to certain devices over an Ethernet network.

The Institute of Electrical and Electronic Engineers (IEEE) is a non-profit, technical professional association of more than 420,000 members. The Standards Association of the IEEE is responsible for the creation of global industry standards for a broad range of technology industries. In 2000, at the urging of several industry vendors, the IEEE formed a task force to facilitate the adoption of a standardized methodology for the delivery of remote power over Ethernet networks which would ensure interoperability among vendors of switches and terminal devices. On June 13, 2003, the IEEE Standards Association approved the 802.3af Power over Ethernet standard (the "Standard"), which covers technologies deployed in delivering power over Ethernet networks. The Standard provides for the Power Sourcing Equipment (PSE) to be deployed in switches or as standalone midspan hubs to provide power to remote devices such as wireless access points, IP phones and network-based cameras. The technology is commonly referred to as Power over Ethernet ("PoE"). In 2009, the IEEE Standards Association approved 802.3 at, a new PoE standard which, among other things, increased the available power for delivery over Ethernet networks. We believe that our Remote Power Patent covers several of the key technologies covered by both the 802.3af and 802.3at standards.

Ethernet is the leading local area networking technology in use today. PoE technology allows for the delivery of PoE cables rather than by separate power cords. As a result, a variety of network devices, including IP telephones, wireless LAN Access Points, web-based network security cameras, data collection terminals and other network devices, are able to receive power over existing data cables without the need to modify the existing infrastructure to facilitate the provision of power for such devices through traditional AC outlets. Advantages such as lower installation costs, remote management capabilities, lower maintenance costs, centralized power backup, and flexibility of device location as well as the advent of worldwide power compatibility, led to PoE becoming widely adopted in networks throughout the world.

PoE provides numerous benefits including quantifiable returns on investment. The cost of hiring electricians to pull power cables to remote locations used for access points or security cameras can rival or exceed the cost of the devices. Another key benefit is the need for Voice over IP power reliability in the face of power failures. Using PoE enables data center power supply systems to ensure ongoing power - a function that would be difficult and expensive to implement if each phone required AC outlets.

These and other advantages such as remote management capabilities, lower maintenance costs, and flexibility of device location have resulted in PoE technology being widely adopted in networks throughout the world.



   Company Address: 65 Locust Avenue New Canaan 6840 CT
   Company Phone Number: 920-1055   Stock Exchange / Ticker: NYSE NTIP
   NTIP is expected to report next financial results on March 29, 2024.


Customers Net Income grew by NTIP's Customers Net Profit Margin grew to


4.79 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Network 1 Technologies Inc

Tax Windfall Boosts Network 1 Technologies Inc's Earnings to $0.452 Million

Network 1 Technologies Inc, a technology company, has recently disclosed some interesting financial data for the October to December 2023 fiscal interval. The company reported revenue of $1.781 million during this period, showing an improvement compared to the same reporting period the previous year when they had a net loss of $-1.708 million. This indicates a positive turnaround for Network 1 Technologies Inc.
Additionally, the company saw earnings of $0.452 million in the October to December 2023 fiscal interval, which is a clear improvement from the net loss of $-1.708 million in the same period last year. The increase in earnings can be attributed to a $0.47 million tax benefit. However, it is important to note that excluding this benefit, the fourth-quarter results of 2023 would seem more modest.

Network 1 Technologies Inc

Network 1 Technologies Inc Faces Operating Loss in Q3 2023: Shareholders Anticipate an Exciting Turnaround



Network 1 Technologies Inc, a smaller corporation in the Conglomerates sector, recently reported an operating loss of $-0.859 million for the third quarter of 2023. While this may be a cause for concern, shareholders are eagerly awaiting a new business strategy to revive the company's performance. Investors are confident that the future holds potential for this growing entity, as they are not relying solely on the recent operational conduct of Conglomerates companies.
During the third quarter of 2023, Network 1 Technologies Inc revealed a net deficit of $-0.810 million, a significant downturn compared to the profits reported in the same quarter of 2022. It is now imperative for the company to establish and enhance its business strategy promptly in order to navigate these challenging times and maintain liquidity for future operations.

Network 1 Technologies Inc

Network 1 Technologies Inc. Holds Strong Promise with Revenue Surge of $0.283 Million in 2023



Network 1 Technologies Inc. (NTIP) is a company operating in the technology sector, and as such, its financial performance plays a significant role in attracting investor attention. In the fiscal year ending June 30, 2023, NTIP reported interesting figures that demonstrate both promising growth and some areas of concern. Let's delve deeper into the financials and implications for the stock market.
Revenue Growth:
NTIP generated $0.283 million in revenue during the fiscal year ending June 30, 2023. This indicates a positive growth trajectory for the company, as it surpassed the previous year's revenue of $0. It is worth noting that revenue growth is a crucial factor for investors, as it indicates the ability of a company to generate income from its operations.

Network 1 Technologies Inc

Network 1 Technologies Inc Achieves Remarkable Revenue Growth of $0.537 Million in Q1 2023

Network 1 Technologies Inc, a global provider of innovative technology solutions, announced its financial results for the first quarter of 2023. The company reported a revenue of $0.537 million, which is a significant improvement compared to the same period last year, indicating a growth in business.
Moreover, Network 1 Technologies Inc reported a net shortfall of $-0.623 million in the first quarter of 2023, which is a great improvement from the net deficit of $-1.312 million in the same financial reporting period last year.






 
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  Revenue Outlook
Network 1 Technologies Inc does not provide revenue guidance.

Earnings Outlook
Network 1 Technologies Inc does not provide earnings estimates.

Geographic Revenue Dispersion




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