NETWORK-1 TECHNOLOGIES, INC.
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 8, 2025
NTIP$1.57-1.9%Stored close · as of Nov 9, 2026
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Condensed Consolidated Balance Sheets as of June 30, 2025 (unaudited) and December 31, 2024
CONDENSED CONSOLIDATED BALANCE SHEETS
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS · (Unaudited) | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $13,424,000 | $13,145,000 |
| Marketable securities, at fair value | 25,061,000 | 27,455,000 |
| Other current assets | 180,000 | 232,000 |
| TOTAL CURRENT ASSETS | 38,665,000 | 40,832,000 |
| OTHER ASSETS: | ||
| Patents, net of accumulated amortization | 1,552,000 | 1,205,000 |
| Equity investment | 2,596,000 | 3,337,000 |
| Operating leases right-of-use asset | — | 27,000 |
| Security deposit | 13,000 | 13,000 |
| Total Other Assets | 4,161,000 | 4,582,000 |
| TOTAL ASSETS | $42,826,000 | $45,414,000 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY: | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | 204,000 | $203,000 |
| Accrued payroll | — | 292,000 |
| Other accrued expenses | 173,000 | 247,000 |
| Operating lease obligations | — | 24,000 |
| Total Current Liabilities | 377,000 | 766,000 |
| LONG TERM LIABILITIES: | ||
| Deferred tax liability | 188,000 | 337,000 |
| TOTAL LIABILITIES | 565,000 | 1,103,000 |
| COMMITMENTS AND CONTINGENCIES (Note G) | — | — |
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock, $0.01 par value, authorized 10,000,000 shares; none issued and outstanding at June 30, 2025 and December 31, 2024 | — | — |
| Common stock, $0.01 par value; authorized 50,000,000 shares; 22,844,798 and 22,961,619 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively | 228,000 | 229,000 |
| Additional paid-in capital | 64,445,000 | 65,455,000 |
| Accumulated deficit | (22,412,000) | (21,373,000) |
| TOTAL STOCKHOLDERS’ EQUITY | 42,261,000 | 44,311,000 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $42,826,000 | $45,414,000 |
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