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Company

NETWORK-1 TECHNOLOGIES, INC.

Ticker
NTIP
Sector
Industry
Report date
November 6, 2026
Valye AI Score

93

Very high visibility
Recent developments
Recent developments summary

Recent news highlights Network-1 Technologies’ ongoing dividend payments and interest in leveraging its cash position for growth.

Recent developments:
  • Network-1 Technologies declared a $0.05 per share dividend in September 2023, continuing its semi-annual dividend policy [N3].
  • The company has consistently paid semi-annual dividends of $0.05 per share since December 2016, with recent payments reported in March and September [N4][N3].
  • Network-1 Technologies was featured in dividend reports in September 2025 and September 2022, indicating ongoing dividend distributions [N1][N5].
  • An article in March 2024 included Network-1 Technologies among growth stocks of interest, highlighting market attention [N2].
  • In April 2021, there was interest in how Network-1 Technologies uses its cash reserves to pursue growth opportunities [N7].
Overview

Network-1 Technologies, Inc. is a patent monetization company that acquires, licenses, and enforces intellectual property rights primarily through patent litigation and licensing agreements. The company’s patent portfolios include Remote Power, M2M/IoT, HFT, Mirror Worlds, and Cox patents. Historically, the Remote Power Patent generated significant revenue but expired in 2020. Current revenue depends on monetizing other patent portfolios and successful litigation outcomes. The company also holds an investment in ILiAD, a clinical stage biotech firm developing an intranasal vaccine. Network-1 pays semi-annual dividends but the continuation of dividends depends on earnings and financial conditions. The company’s financial position as of September 30, 2026 shows strong liquidity with a current ratio of 22.3. The business model faces risks from patent law changes, litigation uncertainties, competition, and rapid technological changes including AI.

Executive summary

Network-1 Technologies, Inc. operates a patent monetization business model relying on licensing and litigation of multiple patent portfolios. Revenue is highly dependent on uncertain litigation outcomes and licensing agreements. The company has ongoing patent litigations and a significant investment in a biotech company, ILiAD, which carries risk. As of September 30, 2026, the company held $31.3 million in current assets against $1.4 million in current liabilities, with a net loss of $2.33 million for the first nine months of fiscal 2026. The company maintains a semi-annual dividend policy but continuation depends on financial performance. Risks include patent law changes, litigation costs, competition, and technological obsolescence. Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.

Scenarios for NTIP

Bull case model:

The company’s extensive patent portfolio and historical licensing success provide a foundation for generating licensing revenue and settlements from ongoing and future patent litigations. Strong liquidity and a history of dividend payments reflect financial discipline. Strategic acquisitions of high-quality patents and partnerships could enhance revenue streams. The company’s investment in ILiAD offers potential diversification into biotech. Continued enforcement of patents and successful litigation outcomes could sustain or increase licensing income.

Bear case model:

Revenue and net income are highly uncertain due to dependence on litigation outcomes, which are inherently risky and unpredictable. The expiration of the Remote Power Patent removes a significant revenue source. The company faces risks from changes in patent law, increased enforcement costs, and rapid technological advances including AI that may undermine patent validity or enforceability. Competition for patent acquisitions and licensing opportunities is intense, with better-funded competitors. The investment in ILiAD carries substantial risk and uncertain returns. Dividend payments are subject to review and may not continue if financial conditions deteriorate.

Moat:

Network-1 Technologies’ moat is based on its portfolio of patents and its expertise in patent monetization through licensing and litigation. The company’s historical success in generating substantial revenue from the Remote Power Patent and other portfolios demonstrates its ability to enforce and monetize intellectual property. However, the moat is challenged by the inherent uncertainties of patent litigation outcomes, evolving patent laws, and technological changes that may render patents less enforceable or obsolete. The company’s competitive position is also influenced by its ability to acquire high-quality patents and enter strategic relationships, which is subject to competition from better-resourced entities.

Risks overview
Risks summary
The biggest risk is the inherent uncertainty and cost of patent litigation outcomes, which directly affect revenue and profitability.
Risks details:

• Uncertain Revenue from Litigation: Revenue depends on successful outcomes of patent litigations involving multiple patent portfolios, which are inherently uncertain and costly.
• Patent Law and Enforcement Risks: Changes in patent law, USPTO procedures, and increased enforcement costs may reduce the ability to protect and monetize patents.
• Technological Obsolescence and AI Impact: Rapid technological changes and AI advancements may render patents obsolete or enable design-arounds, reducing licensing opportunities.
• Investment Risk in ILiAD: The $7 million investment in ILiAD, a clinical stage biotech company, carries substantial risks and uncertain outcomes.
• Dependence on Key Executive: The company’s success is highly dependent on CEO and Chairman Corey M. Horowitz, with no key-man insurance in place.
• Competitive Market for Patents: Competition from better-resourced companies and entities for acquiring and monetizing patents may limit growth opportunities.
• Dividend Continuation Uncertain: Dividend payments depend on earnings and financial conditions and may be discontinued or changed by the Board.

FINAL FORECAST FOR NTIP

Final take one line
Network-1 Technologies operates a patent monetization business with high visibility into its litigation-dependent revenue model, strong liquidity, and defined risks related to patent enforcement and technological change.
Final take 12 to 24 month view

Business trends: Continued reliance on patent litigation and licensing for revenue, ongoing dividend payments, and strategic use of cash reserves.
Execution milestones: Resolution of ongoing patent litigations, successful monetization of acquired patents, and management of investment risks in ILiAD.
Key risks: Uncertainty of litigation outcomes, changes in patent law and technology, competition for patent assets, and dependence on key executive leadership.

Valye AI Visibility Research Score

Very high visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

93
LLM visibility overview
LLM Visibility known facts
  • Network-1 Technologies, Inc. is a company focused on monetizing intellectual property through patent licensing and litigation.
  • The company has multiple patent portfolios including Remote Power, M2M/IoT, HFT, Mirror Worlds, and Cox Patent Portfolios.
  • Revenue is primarily dependent on outcomes of patent litigation and licensing agreements, which are inherently uncertain and unpredictable.
  • The Remote Power Patent generated over $188 million in revenue from May 2007 through December 31, 2025, but expired in March 2020 and is no longer enforced.
  • Revenue for fiscal year 2025 was $150,000, entirely from the Remote Power Patent.
  • The company has ongoing patent litigations involving its M2M/IoT and HFT Patent Portfolios and a pending appeal related to the Cox Patent Portfolio.
  • Patent litigation is costly, time-consuming, and outcomes are uncertain, impacting revenue and net income.
  • The company invested $7 million in ILiAD, a clinical stage biotech company focused on an intranasal vaccine for pertussis, which carries substantial risk.
  • Network-1 Technologies pays semi-annual cash dividends of $0.05 per share, a policy in place since December 2016, but dividend continuation depends on earnings and financial conditions.
  • As of September 30, 2026, the company had $5.8 million in cash and equivalents and $25.3 million in short-term investments, totaling $31.3 million in current assets against $1.4 million in current liabilities, resulting in a current ratio of 22.3 and a cash ratio of 22.18.
  • Net income for the nine months ended September 30, 2026 was negative $2.33 million, with basic and diluted EPS of -$0.10 per share.
  • The company’s CEO and Chairman, Corey M. Horowitz, is critical to its operations, with no key-man insurance in place.
  • Changes in patent law, increased patent enforcement costs, and rapid technological changes including AI developments pose risks to the company’s patent monetization business model.
  • The company faces competition from entities with greater financial resources in acquiring and monetizing intellectual property.
  • The company’s stock is traded on the NYSE American exchange under the symbol NTIP and is subject to listing standards.
  • The company’s financial figures are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.
Sources
Sources - Context summary

Generated 2026-11-06

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-03-13 | 10-K
  • S2 | 2026-11-05 | 10-Q
Sources - News headlines
  • N1 | 2025-09-08 | www.nasdaq.com | Daily Dividend Report: BXP,PSKY,NTIP,DEI,EPRT | https://www.nasdaq.com/articles/daily-dividend-report-bxppskyntipdeieprt
  • N2 | 2024-03-26 | www.nasdaq.com | 7 Monster Growth Stocks to Turn $7K into $70k | https://www.nasdaq.com/articles/7-monster-growth-stocks-to-turn-$7k-into-$70k
  • N3 | 2023-09-18 | www.nasdaq.com | Network-1 Technologies (NTIP) Declares $0.05 Dividend | https://www.nasdaq.com/articles/network-1-technologies-ntip-declares-$0.05-dividend-0
  • N4 | 2023-03-10 | www.nasdaq.com | Network-1 Technologies (NTIP) Declares $0.05 Dividend | https://www.nasdaq.com/articles/network-1-technologies-ntip-declares-$0.05-dividend
  • N5 | 2022-09-12 | www.nasdaq.com | Daily Dividend Report: PK,AVD,GE,CL,NTIP | https://www.nasdaq.com/articles/daily-dividend-report:-pkavdgeclntip
  • N6 | 2021-09-17 | www.nasdaq.com | Network-1 Technologies, Inc. (NTIP) Ex-Dividend Date Scheduled for September 20, 2021 | https://www.nasdaq.com/articles/network-1-technologies-inc.-ntip-ex-dividend-date-scheduled-for-september-20-2021-2021-09
  • N7 | 2021-04-28 | www.nasdaq.com | We're Interested To See How Network-1 Technologies (NYSEMKT:NTIP) Uses Its Cash Hoard To Grow | https://www.nasdaq.com/articles/were-interested-to-see-how-network-1-technologies-nysemkt:ntip-uses-its-cash-hoard-to-grow
  • N8 | 2021-03-12 | www.nasdaq.com | Network-1 Technologies, Inc. (NTIP) Ex-Dividend Date Scheduled for March 15, 2021 | https://www.nasdaq.com/articles/network-1-technologies-inc.-ntip-ex-dividend-date-scheduled-for-march-15-2021-2021-03-12
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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