NETWORK 1 TECHNOLOGIES INC NTIP Income Statement

Network 1 technologies inc (NTIP)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
REVENUE
-	-	-	-	-	-	-	-	-	-	-	4,862	6,221	5,125	34,326	20,447	5,190	6,183	3,008	1,747	5,627	-	1,367	5,166	4,491	819	1,227	1,907	4,064	889	1,418	1,966	4,425	786	1,222	1,814	3,576	32,560	174
REVENUE
161	1,312	520	599	606	374	1,798	471	19,463	-	3,237	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GROSS PROFIT
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,030	3,660	3,177	577	882	1,360	2,839	628	1,025	1,404	3,039	563	881	1,300	2,548	23,053	165
OPERATING EXPENSES:
Costs of revenue
32	423	138	175	146	84	596	133	7,259	631	964	1,583	1,792	1,611	16,943	5,754	1,486	2,412	927	478	1,689	353	337	1,506	1,314	242	345	547	1,225	261	393	562	1,386	223	341	514	1,028	9,507	9
Professional fees and related costs
399	678	267	238	307	179	352	586	518	903	534	215	405	1,133	633	372	452	1,083	475	327	446	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
486	725	466	488	488	795	491	462	507	897	434	440	484	1,525	428	426	403	983	440	792	659	152	668	615	598	802	738	533	662	780	622	446	590	762	411	537	746	1,176	1,053
Amortization of patents
72	73	71	87	54	81	70	69	70	56	50	50	50	53	49	297	414	416	413	413	413	424	408	409	409	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional patent expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,000	-	-	-
Stock-based compensation
72	142	154	127	144	116	120	225	226	238	237	237	237	276	189	32	12	29	69	74	100	126	45	135	27	-	-	-	-	-	-	-	-	-	-	-	-	43	269
Contingent patent cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	500	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and Amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	418	234	16	-	2	-	-	-	-	-	-	-	-
Non-cash compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70	144	112	93	58	74	91	-	-	-	96	-	-
Non-cash compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59	113	-	-	-
TOTAL OPERATING EXPENSES
1,061	2,041	1,096	1,115	1,139	1,255	1,629	1,475	8,580	2,725	2,219	2,525	2,968	4,598	18,242	7,381	2,767	4,923	2,324	2,084	3,307	6,272	1,121	1,159	1,034	1,206	1,226	911	790	880	682	520	681	797	470	1,650	842	1,219	1,322
OPERATING LOSS
-900	-729	-576	-516	-533	-881	169	-1,004	10,883	-594	1,018	2,337	3,253	527	16,084	13,066	2,423	1,260	684	-337	2,320	-1,830	-91	2,501	2,143	-629	-344	449	2,049	-252	343	884	2,358	-234	411	-350	1,706	21,834	-1,157
OTHER INCOME (LOSS):
Interest and dividend income, net
178	278	270	301	301	286	244	203	143	126	55	25	9	11	24	16	10	14	11	12	21	8	8	12	9	9	9	12	6	17	3	10	9	6	10	16	16	19	-
Net realized and unrealized gain (loss) on marketable securities
-322	31	-39	22	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income (loss), net
-144	309	231	323	324	257	244	203	143	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LOSS BEFORE INCOME TAXES AND EQUITY IN NET LOSSES OF EQUITY METHOD INVESTEE
-1,044	-420	-345	-193	-209	-624	413	-801	11,026	-468	1,073	2,362	3,262	538	16,108	13,082	2,433	1,274	695	-325	2,341	-1,873	-83	2,513	2,152	-620	-335	461	2,055	-235	346	894	2,367	-228	421	-334	1,722	21,853	-1,157
INCOME TAXES PROVISION (BENEFIT):
Current
-	-	-197	-	-	-47	167	-237	2,425	-141	425	818	955	-11	3,817	330	51	27	26	-15	55	-63	-12	57	45	-13	-3	-22	48	-7	11	9	24	-98	33	0	56	48	-
Deferred taxes, net
-	204	67	-38	-65	-	-	-	-	0	0	0	39	208	1,459	4,522	-1,438	-1,143	262	-90	756	-615	-35	855	711	343	-124	-299	615	0	141	148	420	-	140	-7,000	-	-	-
Total income taxes provision (benefit)
-	254	-130	-38	-65	-47	167	-237	2,425	-141	425	818	994	197	5,276	4,852	-1,387	-1,116	288	-105	811	-678	-47	912	756	330	-127	-321	663	-7	152	157	444	-141	173	-7,000	56	48	0
LOSS BEFORE SHARE OF NET LOSSES OF EQUITY METHOD INVESTEE:
-1,044	-	-	-	-144	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME (LOSS) BEFORE SHARE OF NET LOSSES OF EQUITY METHOD INVESTEE:
-	-	-215	-155	-	-	246	564	8,601	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SHARE OF NET LOSSES OF EQUITY METHOD INVESTEE
-293	-259	-196	-53	-96	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS
-1,337	-933	-411	-208	-240	-577	246	-564	8,601	-327	648	1,544	2,268	341	10,832	8,230	3,820	2,390	407	-220	1,530	-1,195	-36	1,601	1,396	-950	-208	782	1,392	-228	194	737	1,923	-87	248	6,666	1,666	21,805	-1,157
Net Loss Per Share
Basic
-0.06	-0.03	-0.02	-0.01	-0.01	-0.03	0.01	-0.02	0.36	-0.01	0.03	0.06	0.09	0.03	0.46	0.35	0.16	0.10	0.02	-0.01	0.06	-0.04	0.00	0.06	0.05	-0.04	-0.01	0.03	0.06	-0.02	0.01	0.03	0.08	0.00	0.01	0.26	0.06	0.89	-0.05
Diluted
-0.06	-0.03	-0.02	-0.01	-0.01	-0.03	0.01	-0.02	0.34	-0.01	0.02	0.06	0.09	0.01	0.43	0.33	0.16	0.10	0.02	-0.01	0.06	-0.04	0.00	0.06	0.05	-0.03	-0.01	0.03	0.05	-0.01	0.01	0.02	0.07	0.00	0.01	0.21	0.05	0.76	-0.05
Weighted average common shares outstanding:
Basic
24,029	24,113	24,138	23,917	23,745	24,008	23,525	23,713	23,807	24,036	24,150	24,285	24,118	23,406	23,320	23,300	23,252	23,205	23,273	23,439	24,089	24,477	24,942	25,484	25,775	51,357	25,792	25,181	25	25,271	25,963	26,192	25,549	25,314	26,014	25,974	25,948	24,409	24,250
Diluted
24,029	24,113	24,138	23,917	23,745	27,172	24,922	23,713	25,611	26,145	26,412	26,693	26,333	25,439	25,198	24,637	24,266	24,335	24,654	23,439	25,500	27,480	24,942	27,496	27,793	29,086	28,189	27,087	27,455	27,491	28,516	28,819	29,063	30,292	30,991	31,195	31,242	28,848	24,250
Cash dividends declared per share
0.05	0.00	0.05	0.00	0.05	0.00	0.05	0.00	0.05	0.00	0.05	0.00	0.05	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS
-1,337	-	-	-	-240	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS)
-1,337	-933	-411	-208	-240	-577	246	-564	8,601	-327	648	1,544	2,268	341	10,832	8,230	3,820	2,390	407	-220	1,530	-1,195	-36	1,601	1,396	-950	-208	782	1,392	-228	194	737	1,923	-87	248	6,666	1,666	21,805	-1,157
OTHER COMPREHENSIVE INCOME (LOSS):
Net unrealized holding gain (loss) on corporate bonds and notes during the period, net of tax
-163	-	-	-	115	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts reclassified from accumulated other comprehensive income (loss)
-20	-	-	-	-5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized holding gain (loss) on corporate bonds and notes arising during the year, net of tax
-	-	20	53	-	0	-5	-9	-25	-10	-2	2	-1	-35	-4	16	27	-18	12	-32	20	-22	-5	-4	-6	-2	-1	-9	-5	-5	-6	3	-1	-	0	0	-	-	-
Net other comprehensive income (loss)
-183	-	-	-	110	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
COMPREHENSIVE LOSS
-1,520	-956	-391	-155	-130	-577	241	-573	8,576	-337	646	1,546	2,267	306	10,828	8,246	3,847	2,372	419	-252	1,550	-1,166	-41	1,597	1,390	-952	-209	773	1,387	-233	188	740	1,922	-92	248	6,666	1,666	-	-