Network-1 Technologies, Inc. (NTIP)

Network-1 Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2.6	0	36.03	4.4	3.04
Revenue Growth (YoY)	-	-	718.28%	44.98%	-86.26%
Cost of Revenue	0.87	0	12.15	1.65	0.88
Gross Profit	1.73	0	23.88	2.75	2.16
Selling, General & Admin	3.7	3.59	4	4.57	3.66
Other Operating Expenses	0.27	0.32	0.3	0.59	0.85
Operating Expenses	3.96	3.9	4.3	5.16	4.51
Operating Income	-2.24	-3.9	19.59	-2.41	-2.35
Other Expense / Income	-0.39	-2.18	0.85	0.25	-0.58
Pretax Income	-1.85	-1.72	18.74	-2.66	-1.77
Income Tax	-0.39	0.61	4.46	-0.95	0.02
Net Income	-1.46	-2.33	14.28	-1.71	-1.79
Shares Outstanding (Basic)	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	25	24	24
Shares Change	-0.15%	-2.87%	2.16%	0.14%	-5.43%
EPS (Basic)	-0.06	-0.10	0.59	-0.07	-0.07
EPS (Diluted)	-0.06	-0.10	0.58	-0.07	-0.07
Free Cash Flow	0.33	-5.44	19.5	-0.5	-0.61
Free Cash Flow Per Share	0.01	-0.23	0.81	-0.02	-0.03
Dividend Per Share	0.100	0.100	0.100	0.100	0.100
Gross Margin	66.40%	-	66.29%	62.46%	70.96%
Operating Margin	-85.93%	-	54.36%	-54.80%	-77.51%
Profit Margin	-56.02%	-	39.64%	-38.81%	-59.01%
Free Cash Flow Margin	12.73%	-	54.12%	-11.42%	-19.92%
Effective Tax Rate	-	-	23.80%	-	-
EBITDA	-1.78	-1.68	18.74	-2.62	-1.64
EBITDA Margin	-68.44%	-	52.02%	-59.55%	-54.13%
Depreciation & Amortization	0.07	0.04	0	0.04	0.13
EBIT	-1.85	-1.72	18.74	-2.66	-1.77
EBIT Margin	-70.93%	-	52.02%	-60.48%	-58.31%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).