NTIP

EX-99.1

2 exh99-1.htm

PRESS RELEASE DATED MAY 8, 2026

Exhibit 99.1

FOR

IMMEDIATE RELEASE

Contacts:

Network-1

Technologies, Inc.

Corey M. Horowitz, Chairman and CEO

(917) 692-0000

NETWORK-1 REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS

New Canaan, Connecticut - May 8, 2026 - Network-1 Technologies, Inc. (NYSE American: NTIP) (“Network-1”), a company specializing in the acquisition, development, licensing and monetization of its intellectual property assets, today announced financial results for the quarter ended March 31, 2026.

Network-1

reported no revenue for the three months ended March 31, 2026, compared to $150,000 of revenue for the three months ended March 31, 2025.

Operating expenses for the first quarter of 2026 were $1,415,000, an increase of $620,000 from $795,000 in the first quarter of 2025, primarily due to increased litigation-related professional fees of $625,000.

Interest and dividend income for the first quarter of 2026 was $384,000, a decrease of $100,000 compared to $484,000 for the same period in 2025. During the first quarter of 2026, Network-1 also recorded realized and unrealized losses on marketable securities of $287,000, compared to gains of $149,000 in 2025, a decrease of $436,000 reflecting declines in the market value of U.S. government securities and fixed-income mutual funds as a result of higher short-term Treasury yields as of March 31, 2026.

During the first quarter, Network-1 recorded a gain of $1,052,000 related to the remeasurement of the carrying value of its investment in ILiAD Biotechnologies, Inc. (“ILiAD”) following ILiAD’s $115,000,000 financing in February 2026. As a result of the financing, Network-1 transitioned from the equity method of accounting to the cost method for its investment in ILiAD resulting in the gain for accounting purposes.

Network-1

reported a net loss of $511,000, or $0.02 per share (basic and diluted), for the three months ended March 31, 2026, compared to a net loss of $363,000, or $0.02 per share, for the three months ended March 31, 2025. The increased net loss was primarily due to higher litigation-related expenses, increased realized and unrealized losses on marketable securities, and higher net deferred income tax expense, offset by the gain recognized on the ILiAD investment and the absence of recognized equity-method losses in ILiAD in 2026.

Network-1

continues to pursue five pending patent litigations involving its M2M/IoT, HFT, and Cox Patent portfolios. In connection with Network-1’s litigation against Google and YouTube involving the Cox Patent Portfolio, on April 23, 2026, the U.S. Court of Appeals for the Federal Circuit issued a decision overturning the judgment of non-infringement entered by the U.S. District Court for the Southern District of New York relating to the Network-1’s Patent No. 8,205,237 for certain implementations of Google’s Content ID system. The Federal Circuit remanded the case to the District Court for further proceedings on the infringement case consistent with its decision.

In April and May 2026, the U.S. Patent Trial and Appeal Board (“PTAB”) of the U.S. Patent & Trademark Office denied the institution, on the merits, of six Inter Partes Review proceedings requested by Samsung, relating to all six patents being asserted by Network-1 in its patent litigation against Samsung pending in the United States District Court for the Eastern District of Texas, Marshall Division, for infringement of patents within Network-1’s M2M/ IoT Patent Portfolio.

On March 31, 2026, Network-1’s principal sources of liquidity consisted of cash and cash equivalents and marketable securities of $34,589,000 and working capital of $33,674,000. Management believes that based on Network-1’s current cash position, it has sufficient liquidity to fund operations for the foreseeable future.

Network-1’s

dividend policy consists of semi-annual cash dividends of $0.05 per share ($0.10 per share annually), historically paid in March and September. During the first quarter of 2026, Network-1 continued to declare and pay dividends consistent with this policy. The dividend policy remains subject to periodic review by the Board of Directors and is subject to change at any time depending upon Network-1’s earnings, financial requirements and other factors existing at the time.

During the quarter ended March 31, 2026, Network-1 repurchased 60,996 shares of its common stock at an aggregate cost of $82,681 (exclusive of commissions), or an average price of $1.36 per share, under its Share Repurchase Program. Since inception of the program in 2011 through March 31, 2026, Network-1 has repurchased 10,647,490 shares at an aggregate cost of $20,352,652 (exclusive of commissions) or an average per share price of $1.91. Combined with the approximately $25,400,000 in dividends paid beginning in 2010 through March 31, 2026, Network-1 has returned, through such dividends and share repurchases, in excess of $45,800,000 to its shareholders.

ABO

EX-99.1

2 exh99-1.htm

PRESS RELEASE DATED MARCH 13, 2026

Exhibit 99.1

FOR

IMMEDIATE RELEASE

Contacts:

Network-1

Technologies, Inc.

Corey M. Horowitz, Chairman and CEO

(917) 692-0000

NETWORK-1

REPORTS 2025 YEAR-END FINANCIAL RESULTS

New Canaan, Connecticut – March 13, 2026 – Network-1 Technologies, Inc. (NYSE American: NTIP) (“Network-1”), a company specializing in the acquisition, development, licensing and monetization of its intellectual property assets, today announced financial results for the year ended December 31, 2025.

Network-1

had revenue of $150,000 for the year ended December 31, 2025 as compared to revenue of $100,000 for the year ended December 31, 2024. Revenue in both 2025 and 2024 was from settlement agreements in litigations involving Network-1’s Remote Power Patent. Network-1’s operating expenses decreased by $265,000 in 2025 compared to 2024, primarily due to decreased professional fees and general and administrative expenses.

Interest and dividend income for 2025 was $1,844,000 as compared to $1,897,000 for 2024. In addition, in 2025 Network-1 recorded realized and unrealized gains on marketable securities of $277,000 as compared to $177,000 in 2024.

Network-1

reported a net loss of $2,420,000 or $0.11 per share, basic and diluted, for the year ended December 31, 2025, compared to a net loss of $3,034,000 or $0.13 per share, basic and diluted, for the year ended December 31, 2024. Included in net loss is Network-1’s share of the net loss of its equity method investee, ILiAD Biotechnologies, of $1,603,000 and $1,912,000 for the years ended 2025 and 2024, respectively.

In June 2025, Network-1 commenced patent litigation against Samsung Electronics Co., LTD and Samsung Electronics America, Inc.(collectively, “Samsung”) in the United States District Court for the Eastern District of Texas for infringement of certain patents in its M2M/IoT Patent Portfolio. The lawsuit alleges that Samsung infringes the asserted patents by supporting certain eSIM (embedded Subscriber Identification Module) and 5G technologies in its mobile devices, including its Galaxy smartphones, watches and tablets. A trial date has been scheduled for June 2027.

In September 2025, Network-1 commenced patent litigation on behalf of HFT Solutions, LLC, a wholly-owned subsidiary of Network-1, against Optiver US LLC and Optiver Trading US LLC in the U.S. District Court for the Western District of Texas, for infringement of certain patents in our HFT Patent Portfolio. A trial date has been scheduled for June 2027. The patents being asserted in this case are the same patents being asserted in our patent infringement cases against Citadel Securities, LLC and Jump Trading, LLC in the U.S. District Court for the Northern District of Illinois brought in December 2024.

On February 5, 2026, ILiAD Biotechnologies, Inc. completed a $115,000,000 preferred stock financing.  The financing was led by RA Capital Management with participation from new investors Janus Henderson Investors and BNP Paribas Asset Management Alts, as well as existing investors including a multi-national pharmaceutical company and AI Life Sciences. Following the closing of the financing, Network-1 owned approximately 3.1% of the outstanding shares on a non-fully diluted basis and approximately 2.5% of the outstanding shares on a fully diluted basis.  As a result of the closing of the financing and the conversion to a corporation, Network-1 will no longer account for its investment in ILiAD using the equity method of accounting and will use the fair value method of accounting.

At December 31, 2025, Network-1’s principal sources of liquidity consisted of cash, cash equivalents and marketable securities of $36,869,000 and working capital of $36,336,000. Management believes that based on Network-1’s current cash, cash equivalents and marketable securities positions, Network-1 will have sufficient liquidity to fund its operations for the foreseeable future.

Network-1’s

dividend policy consists of semi-annual cash dividends of $0.05 per share ($0.10 per share annually) which have been paid in March and September of each year. In 2025, Network-1 continued to declare and pay dividends consistent with its dividend policy. Network-1’s dividend policy undergoes a periodic review by its Board of Directors and is subject to change at any time depending upon Network-1’s earnings, financial requirements and other factors existing at the time.

In June 2025, the Board of Directors of Network-1 authorized an extension and increase of its share repurchase program (“Share Repurchase Program”) to repurchase up to $5,000,000 of shares of its common stock over the subsequent 24 month period. During the year ended December 31, 2025, Network-1 repurchased an aggregate of 212,262 shares of its common stock at a cost of approximately $286,617 (exclusive of commissions) or an average price per share of $1.35. Since inception of its Share Repurchase Program (August 2011) to De

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):          November 6, 2025

NETWORK-1

TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Delaware 001-15288 11-3027591

(State or Other Jurisdiction (Commission (I.R.S. Employer

of Incorporation) File Number) Identification No.)

65 Locust Avenue, Third Floor, New Canaan, Connecticut 06840

(Address of Principal Executive Offices) (Zip Code)

(203) 920-1055

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock, par value $0.01 per share

NTIP

NYSE

American

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17

CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02Results of Operations and Financial Condition.

On November 6, 2025, Network-1 Technologies, Inc. issued a press release announcing its financial results for the quarter ended September 30, 2025. A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01Financial Statements and Exhibits.

(d)      Exhibits

Exhibit No.

Description

99.1 Press Release dated November 6, 2025

104 Cover Page Interactive Data File (embedded within the inline XBRL document)

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NETWORK-1 TECHNOLOGIES, INC.

Dated: November 12, 2025 By: /s/ Corey M. Horowitz

Name:   Corey M. Horowitz

Title:     Chairman and Chief Executive Officer

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