The intellectual property firm reported a GAAP loss per share of $0.02 after revenue fell to zero in the quarter ended March 31, 2026.
Network-1 Technologies reported a first-quarter GAAP loss per share of $0.02, missing expectations as revenue plunged to zero. The company generated no revenue for the three months ended March 31, 2026, compared to $150,000 in the same period a year earlier.
Operating expenses for the quarter totaled $1,415,000, reflecting ongoing costs without corresponding revenue. The prior-year period had included modest licensing or settlement income, which was absent in the latest quarter.
Shares of NTIP showed limited movement in after-hours trading following the release.