Network-1 Technologies, Inc. announced its financial results for the first quarter ended March 31, 2025, on May 9, 2025. The company reported revenue of $150,000 for the quarter.
This marks a positive development compared to the prior year's comparable quarter, which had no revenue. The revenue generated indicates initial monetization efforts from Network-1's intellectual property assets.
While the amount is modest, it signals progress in the company's strategy to generate income from its newer patent portfolios. This is a step forward in its transition from reliance on its expired Remote Power Patent.
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