Network 1 Technologies Inc (NTIP) |
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Price: $1.5400
$0.00
-0.006%
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Day's High:
| $1.6199
| Week Perf:
| -1.28 %
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Day's Low: |
$ 1.54 |
30 Day Perf: |
-0.65 % |
Volume (M): |
6 |
52 Wk High: |
$ 2.55 |
Volume (M$): |
$ 9 |
52 Wk Avg: |
$1.97 |
Open: |
$1.57 |
52 Wk Low: |
$1.50 |
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Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
- |
Employees |
3 |
Revenues (TTM) (Millions $) |
- |
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: NYSEAMER NTIP
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Customers Net Income grew by |
NTIP's Customers Net Profit Margin grew to |
14.22 % |
12.62 %
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Stock Performances by Major Competitors |
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Network 1 Technologies Inc
April was a challenging month for Network 1 Technologies Inc (NTIP) as the company saw a decrease in its share price of -9.22%. This decline adds to the overall downward trend the company has experienced over the past 90 days, with a total drop of -13.02%. Furthermore, the share price has reached its 52-week low, indicating a concerning situation for the company. The financial performance for the fiscal year ending March 31, 2024, was also disappointing for NTIP. The company reported an increased shortfall per share of $-0.04 compared to $-0.03 in the previous year. This signifies a decline in profitability for the company. Additionally, the income per share fell from $0.02 in the preceding quarter, further adding to the financial concerns.
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Network 1 Technologies Inc
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.
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Network 1 Technologies Inc
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.
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Network 1 Technologies Inc
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.
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Network 1 Technologies Inc
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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Per Share |
Current |
Earnings (TTM) |
-0.05 $ |
Revenues (TTM) |
-
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Cash Flow (TTM) |
- |
Cash |
-
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Book Value |
-
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Dividend (TTM) |
0.1 $ |
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Per Share |
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Earnings (TTM) |
-0.05 $
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Revenues (TTM) |
- |
Cash Flow (TTM) |
- |
Cash |
-
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Book Value |
- |
Dividend (TTM) |
0.1 $ |
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