Network-1 Reports Second Quarter 2026 Results
Network-1 reported Q2 2026 revenue of $0 and a net loss of $655,000, or $0.03 per share, compared to a net loss of $463,000 in the prior-year period. The increased loss was driven by higher litigation-related professional fees, partially offset by a prior gain on its ILiAD Biotechnologies investment. The company maintained its liquidity position with $33.8 million in cash and marketable securities, declaring and paying its semiannual dividend of $0.05 per share. Network-1 also repurchased approximately 35,000 shares during the quarter for $51,000 under its repurchase program.
Key figures
- Revenue
- 0
- Net loss
- 655000
- Buyback cost
- 51000
- Total liquidity
- 33752000
- Dividend per share
- 0.05
- Operating expenses
- 1013000
- Shares repurchased
- 34980
- Cash and equivalents
- 9435000
- Marketable securities
- 24317000
AI analysis
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