NETWORK 1 TECHNOLOGIES INC NTIP Income Statement

Network 1 technologies inc (NTIP)

Income statement / TTM

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
-	-	-	-	-	-	-	-	-	-	-	50,534	66,119	65,088	66,146	34,828	16,128	16,565	0	0	0	-	11,843	11,703	8,444	8,017	8,087	8,278	8,337	8,698	8,595	8,399	8,247	7,398	39,172	38,124	0	0	0
REVENUE
2,592	3,037	2,099	3,377	3,249	22,106	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GROSS PROFIT
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,444	8,296	5,996	5,658	5,709	5,852	5,896	6,096	6,031	5,887	5,783	5,292	27,782	27,066	0	0	0
OPERATING EXPENSES:
Costs of revenue
768	882	543	1,001	959	8,072	8,619	8,987	10,437	4,970	5,950	21,929	26,100	25,794	26,595	10,579	5,303	5,506	3,447	2,857	3,885	3,510	3,399	3,407	2,448	2,359	2,378	2,426	2,441	2,602	2,564	2,512	2,464	2,106	11,390	11,058	0	0	0
Professional fees and related costs
1,582	1,490	991	1,076	1,424	1,635	2,359	2,541	2,170	2,057	2,287	2,386	2,543	2,590	2,540	2,382	2,337	2,331	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
2,165	2,167	2,237	2,262	2,236	2,255	2,357	2,300	2,278	2,255	2,883	2,877	2,863	2,782	2,240	2,252	2,618	2,874	2,043	2,271	2,094	2,033	2,683	2,753	2,671	2,735	2,713	2,597	2,510	2,438	2,420	2,209	2,300	2,456	2,870	3,512	0	0	0
Amortization of patents
303	285	293	292	274	290	265	245	226	206	203	202	449	813	1,176	1,540	1,656	1,655	1,663	1,658	1,654	1,650	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional patent expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
Stock-based compensation
495	567	541	507	605	687	809	926	938	949	987	939	734	509	262	142	184	272	369	345	406	333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Contingent patent cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and Amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	670	0	0	-	0	-	-	-	-	-	-	-	-
Non-cash compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	419	407	337	316	0	0	0	-	-	-	0	-	-
Non-cash compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
TOTAL OPERATING EXPENSES
5,313	5,391	4,605	5,138	5,498	12,939	14,409	14,999	16,049	10,437	12,310	28,333	33,189	32,988	33,313	17,395	12,098	12,638	13,987	12,784	11,859	9,586	4,520	4,625	4,377	4,133	3,807	3,263	2,872	2,763	2,680	2,468	3,598	3,759	4,181	5,033	0	0	0
OPERATING LOSS
-2,721	-2,354	-2,506	-1,761	-2,249	9,167	9,454	10,303	13,644	6,014	7,135	22,201	32,930	32,100	32,833	17,433	4,030	3,927	837	62	2,900	2,723	3,924	3,671	1,619	1,525	1,902	2,589	3,024	3,333	3,351	3,419	2,185	1,533	23,601	22,033	0	0	0
OTHER INCOME (LOSS):
Interest and dividend income, net
1,027	1,150	1,158	1,132	1,034	876	716	527	349	215	100	69	60	61	64	51	47	58	52	49	49	37	38	39	39	36	44	38	36	39	28	35	41	48	61	0	0	0	-
Net realized and unrealized gain (loss) on marketable securities
-308	37	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income (loss), net
719	1,187	1,135	1,148	1,028	847	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LOSS BEFORE INCOME TAXES AND EQUITY IN NET LOSSES OF EQUITY METHOD INVESTEE
-2,002	-1,167	-1,371	-613	-1,221	10,014	10,170	10,830	13,993	6,229	7,235	22,270	32,990	32,161	32,897	17,484	4,077	3,985	838	60	2,898	2,709	3,962	3,710	1,658	1,561	1,946	2,627	3,060	3,372	3,379	3,454	2,226	1,581	23,662	22,084	0	0	0
INCOME TAXES PROVISION (BENEFIT):
Current
-	-	0	-	-	2,308	2,214	2,472	3,527	2,057	2,187	5,579	5,091	4,187	4,225	434	89	93	3	-35	37	27	77	86	7	10	16	30	61	37	-54	-32	-41	-9	137	0	0	0	-
Deferred taxes, net
-	168	0	0	0	-	-	-	-	39	247	1,706	6,228	4,751	3,400	2,203	-2,409	-215	313	16	961	916	1,874	1,785	631	535	192	457	904	709	849	-6,292	0	-	0	0	-	-	-
Total income taxes provision (benefit)
-	21	-280	17	-182	2,308	2,214	2,472	3,527	2,096	2,434	7,285	11,319	8,938	7,625	2,637	-2,320	-122	316	-19	998	943	1,951	1,871	638	545	208	487	965	746	612	633	-6,524	-6,912	-6,723	-6,896	0	0	0
LOSS BEFORE SHARE OF NET LOSSES OF EQUITY METHOD INVESTEE:
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME (LOSS) BEFORE SHARE OF NET LOSSES OF EQUITY METHOD INVESTEE:
-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SHARE OF NET LOSSES OF EQUITY METHOD INVESTEE
-801	-604	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS
-2,889	-1,792	-1,436	-779	-1,135	7,706	7,956	8,358	10,466	4,133	4,801	14,985	21,671	23,223	25,272	14,847	6,397	4,107	522	79	1,900	1,766	2,011	1,839	1,020	1,016	1,738	2,140	2,095	2,626	2,767	2,821	8,750	8,493	30,385	28,980	0	0	0
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
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS)
-2,889	-1,792	-1,436	-779	-1,135	7,706	7,956	8,358	10,466	4,133	4,801	14,985	21,671	23,223	25,272	14,847	6,397	4,107	522	79	1,900	1,766	2,011	1,839	1,020	1,016	1,738	2,140	2,095	2,626	2,767	2,821	8,750	8,493	30,385	28,980	0	0	0
OTHER COMPREHENSIVE INCOME (LOSS):
Net unrealized holding gain (loss) on corporate bonds and notes during the period, net of tax
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts reclassified from accumulated other comprehensive income (loss)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized holding gain (loss) on corporate bonds and notes arising during the year, net of tax
-	-	183	158	-	-39	-49	-46	-35	-11	-36	-38	-24	4	21	37	-11	-18	-22	-39	-11	-37	-17	-13	-18	-17	-20	-25	-13	-9	-4	2	0	-	0	0	-	-	-
Net other comprehensive income (loss)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
COMPREHENSIVE LOSS
-3,022	-1,632	-1,253	-621	-1,039	7,667	7,907	8,312	10,431	4,122	4,765	14,947	21,647	23,227	25,293	14,884	6,386	4,089	551	91	1,940	1,780	1,994	1,826	1,002	999	1,718	2,115	2,082	2,617	2,758	2,818	8,744	8,488	0	0	0	-	-