Network-1 Reports Third-Quarter 2026 Net Loss of $2.333 Million
Network-1 Technologies reported no revenue for the quarter ended September 30, 2026, unchanged from a year earlier. Its net loss was $2.333 million, or $0.10 per share, versus $560,000 a year earlier, primarily due to unrealized losses on fixed-income securities.
Network-1 Technologies, Inc. reported no revenue for the third quarter ended September 30, 2026, consistent with the same period in 2025. The company recorded a net loss of $2.333 million, or $0.10 per share, for the quarter, compared to a net loss of $560,000 in the prior-year period. These losses were primarily attributed to unrealized losses on fixed-income securities resulting from higher short-term Treasury yields.
The company also provided updates on its patent litigation, noting the dismissal of its case against Jump Trading, LLC and the continuation of its legal actions against other entities. As of September 30, 2026, Network-1 held $31.1 million in cash, cash equivalents, and marketable securities, which management believes is sufficient to fund operations for the foreseeable future.