Inventergy’s loss widens by factor of almost five on higher than expected expenses

Inventergy Global Inc. (INVT), the patent assertion company run by CEO Joe Beyers, said its net loss for 2014 widened by a factor of almost five as higher than expected expenses offset negligible gains in revenue. The Campbell, Calif.-based company said its net loss for 2014 was $20.1 million, or $1.15 a share, compared with [...]

By | March 31st, 2015|Patent Investing|Comments Off on Inventergy’s loss widens by factor of almost five on higher than expected expenses

Andrea Electronics posts wider loss in 2014 on higher patent assertion expenses, lower revenue

Andrea Electronics Corp. (ANDR), the patent assertion company run by CEO Douglas Andrea, on Monday posted a wider net loss on higher patent monetization expenses and lower licensing revenue. The net loss widened to $2.89 million, or 5 cents a share in 2014, from $1.12 million or 2 cents a share, a year ago. The [...]

By | March 31st, 2015|Patent Investing|Comments Off on Andrea Electronics posts wider loss in 2014 on higher patent assertion expenses, lower revenue

Jury in Delaware gives Intellectual Ventures second win in two weeks against Motorola Mobility

A jury in U.S. District Court in Delaware handed Intellectual Ventures another win in its second trial against Motorola Mobility in as many days. Two separate juries in two consecutive weeks in the U.S. District Court for the District of Delaware have now found Intellectual Venture patents to be valid and infringed by Motorola products.  The [...]

By | March 31st, 2015|Patent Investing|Comments Off on Jury in Delaware gives Intellectual Ventures second win in two weeks against Motorola Mobility

DSS swings to $41.2M loss in 2014 on impairment charge after unfavorable ruling

Document Security Systems Inc. (DSS), the patent assertion company run by CEO Jeff Ronaldi, said it posted a net loss of $41.2 million because of impairment charges of $37 million related to a write down of patents associated with an adverse ruling in an infringement case brought by the company’s Bascom Research LLC unit. The [...]

By | March 31st, 2015|Patent Investing|Comments Off on DSS swings to $41.2M loss in 2014 on impairment charge after unfavorable ruling

Spherix posts a wider loss in 2014 on higher operating costs, negligible revenue

Spherix Inc. (SPEX), the patent monetization company run by Anthony Hayes, said its net loss in 2014 widened by 70% to $30.6 million on higher operating expense and lower revenue. The $1.55 cent a share loss compared with a net loss of $17.97 million, or $13.64 a share a year ago. Operating expenses doubled to [...]

By | March 31st, 2015|Patent Investing|Comments Off on Spherix posts a wider loss in 2014 on higher operating costs, negligible revenue

ArrivalStar’s Jones rejects troll label as ‘derogatory’ and ‘preposterous’

Somebody forgot to tell inventor Martin Kelly Jones, who runs ArrivalStar SA and Melvino Technologies, that it doesn’t pay to be a so-called patent troll anymore. Patent troll is the derogatory term used for companies that make money from bringing patent infringement lawsuits rather than making something with the patent. The more neutral term for [...]

By | March 27th, 2015|Patent Investing, Patent Trolling|Comments Off on ArrivalStar’s Jones rejects troll label as ‘derogatory’ and ‘preposterous’

Marathon Patent posts narrower loss in 2014 as licensing revenue quintuples

Marathon Patent Group (MARA), the patent monetization company run by CEO Doug Croxall, posted a net loss of $3.15 million in 2014 as higher operating expenses offset a quintupling of licensing revenue. Los Angeles-based Marathon said the 16 cents a share net loss compared with a net loss of $3.45 million or 37 cents a [...]

By | March 26th, 2015|Patent Investing|Comments Off on Marathon Patent posts narrower loss in 2014 as licensing revenue quintuples

Shares of Netlist have fallen more than 50% since underwritten offering last month

Shares of Netlist Inc. (NLST) are down 50% from February 23 when the provider of memory solutions for the cloud computing and storage markets, raised $10.4 million in an underwritten public offering for general corporate purposes. The Irvine, Calif.-based company closed an underwritten public offering of 8,846,154 common shares on February 23 for $1.30 each. [...]

By | March 26th, 2015|Patent Investing|Comments Off on Shares of Netlist have fallen more than 50% since underwritten offering last month

Jury hands down split verdict in patent dispute between Intellectual Ventures and Motorola Mobility

A jury in a U.S. District Court in Delaware yesterday handed down a split verdict in Intellectual Ventures patent infringement lawsuit against Motorola Mobility, finding that the mobile phone company infringed one patent and not another. The case Intellectual Ventures I LLC et al v. Motorola Mobility LLC was filed October 6, 2011 and originally [...]

By | March 26th, 2015|Patent Investing|Comments Off on Jury hands down split verdict in patent dispute between Intellectual Ventures and Motorola Mobility

Judge throws out Acacia affiliate’s infringement case against Alcatel-Lucent on clerical error

A U.S. District Court in Santa Ana California has dismissed a patent infringement lawsuit brought by an affiliate of Acacia Research Corp. (ACTG) against Alcatel-Lucent USA Inc. for lack of standing due to a clerical error and the testimony of an expert witness called to alleviate the error, which was deemed unsupported by facts. Judge [...]

By | March 25th, 2015|Patent Investing|Comments Off on Judge throws out Acacia affiliate’s infringement case against Alcatel-Lucent on clerical error