Network 1 Technologies, Inc. financial data

Symbol
NTIP on NYSE
Industry
Patent Owners & Lessors
Location
65 Locust Avenue, New Canaan, Connecticut
State of incorporation
Delaware
Fiscal year end
December 31
Former names
NETWORK 1 SECURITY SOLUTIONS INC (to 10/10/2013)
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 7.28K % +66.9%
Debt-to-equity 2.64 % -34.6%
Return On Equity -3.94 % -269%
Return On Assets -3.84 % -274%
Operating Margin 37 % -21.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 23.1M shares -2.6%
Common Stock, Shares, Outstanding 23.2M shares -2.61%
Entity Public Float 38.1M USD -4.6%
Common Stock, Value, Issued 232K USD -2.52%
Weighted Average Number of Shares Outstanding, Basic 23.3M shares -2.13%
Weighted Average Number of Shares Outstanding, Diluted 23.3M shares -2.13%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 100K USD -64.7%
General and Administrative Expense 2.69M USD -10.3%
Operating Income (Loss) -2.45M USD +29.9%
Nonoperating Income (Expense) 2.2M USD -55.4%
Income Tax Expense (Benefit) -425K USD -146%
Net Income (Loss) Attributable to Parent -1.94M USD -233%
Earnings Per Share, Basic -0.08 USD/shares -100%
Earnings Per Share, Diluted -0.08 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 19.9M USD +20%
Marketable Securities, Current 22.7M USD -23.8%
Other Assets, Current 182K USD +107%
Assets, Current 42.8M USD -8.26%
Operating Lease, Right-of-Use Asset 59K USD -54.3%
Goodwill 5M USD 0%
Assets 48.1M USD -11.6%
Accounts Payable, Current 206K USD -45.1%
Employee-related Liabilities, Current 6K USD -60%
Accrued Liabilities, Current 88K USD
Liabilities, Current 412K USD -45.1%
Deferred Income Tax Liabilities, Net 478K USD -47.7%
Operating Lease, Liability, Noncurrent 24K USD -68.8%
Liabilities 890K USD -48.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -14K USD +12.5%
Retained Earnings (Accumulated Deficit) -20.7M USD -40.3%
Stockholders' Equity Attributable to Parent 47.2M USD -10.4%
Liabilities and Equity 48.1M USD -11.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -596K USD -106%
Net Cash Provided by (Used in) Financing Activities -1.46M USD +7.79%
Net Cash Provided by (Used in) Investing Activities 3.26M USD
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 23.2M shares -2.61%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 19.9M USD +20%
Deferred Tax Assets, Valuation Allowance 1.36M USD +30.9%
Deferred Tax Assets, Gross 1.36M USD +30.9%
Operating Lease, Liability 57K USD -59%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.44M USD +38%
Lessee, Operating Lease, Liability, to be Paid 60K USD -58%
Operating Lease, Liability, Current 57K USD -27.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 24K USD -69.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 36K USD -7.69%
Deferred Income Tax Expense (Benefit) -436K USD -148%
Lessee, Operating Lease, Liability, to be Paid, Year Three 26K USD -64.4%
Deferred Tax Assets, Operating Loss Carryforwards 804K USD +68.6%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) -13K USD +95.3%
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 24K USD
Additional Paid in Capital 67.7M USD +0.67%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 224K USD
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%