Spherix posts narrower 3rd-Qtr net loss on higher revenue, lower expenses

Spherix Inc. (SPEX), the licensing company that farmed out the enforcement of most of its patents to Dean Becker's Equitable IP Holding Corp., posted a narrower third quarter net loss driven by higher revenue and lower expenses. The Bethesda, Maryland-based company said its net loss narrowed to $446,000, or 11 cents a share, from $2.73 [...]

By | November 14th, 2016|earnings, Patent Investing|0 Comments

ParkerVision posts narrower 3rd-Qtr 2016 net loss on higher revenue

ParkerVision Inc. (PRKR), the licensing company run by CEO Jeffrey Parker, said its third quarter net loss narrowed as higher revenue made up for higher expenses. The Jacksonville, Florida-based company said its third quarter net loss was $2.33 million, or 18 cents a share, compared with $3.14 million, or 32 cents a share, a year [...]

By | November 14th, 2016|earnings|0 Comments

(Update 3) Marathon Patent Group says 3rd Qtr net loss widens on very light revenue

Marathon Patent Group Inc. (MARA), the patent licensing company run by CEO Doug Croxall, said it posted a wider net loss in the third quarter because revenue were "unsurprisingly light" during an otherwise strong year for revenue. The Los Angeles-based company said third quarter net loss was $6.27, or $42 cents a share, compared with [...]

By | November 14th, 2016|earnings, Patent Investing|0 Comments

Network-1 posts record profit in third quarter on licensing settlements with Apple and Dell

Network-1 Technologies Inc. (NTIP), the patent licensing company run by CEO Corey Horowitz, posted a 25-fold increase in third quarter 2016 net income on record revenue in the quarter from a $25 million settlement with Apple Inc. and a $5 million settlement with Dell Inc. The New York-based company said its third quarter profit increased [...]

By | November 11th, 2016|earnings, Patent Investing|0 Comments

(Update1) Finjan posts narrower 3rd-Qtr loss on revenue of $1.14M versus none last year and lower expense

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, posted a narrower net loss in the third quarter of 2016 as it posted revenue of $1.14 million versus no revenue a year ago and had lower expenses. The East Palo Alto, California-based company said in a filing with the [...]

By | November 10th, 2016|earnings, Patent Investing|0 Comments

Acacia delays filing of 3rd Qtr 10Q because of valuation of its investment in Veritone

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio Jr., said in a securities filing that it  has determined that it is unable to file its quarterly report on Form 10-Q for the quarter ended September 30, 2016 within the prescribed time period without unreasonable effort or expense. The Newport [...]

By | November 10th, 2016|earnings, Patent Investing, Uncategorized|0 Comments

Patent owners see Trump administration as friendlier to their interests than to Silicon Valley

Patent owners, who have decried the weakening of patent owner rights and harm to innovation under the administration of President Barack Obama, are optimistic that the administration of President-elect Donald Trump will lead to a strengthening of patent owner rights. Under Obama and his two appointments as Undersecretary of Commerce, Intellectual Property and Director of [...]

By | November 10th, 2016|Patent Investing|0 Comments

VirnetX Holding posts wider third quarter 2016 net loss on higher litigation expenses

VirnetX Holding Corp. (VHC), the patent licensing company that is fighting to affirm a $302 million infringement award against Apple Inc. (AAPL), said it posted a wider net loss in the third quarter of 2016 on higher litigation and other expenses. The Zephyr Cove, Nevada-based company said its third quarter net loss widened to $7.39 [...]

By | November 9th, 2016|earnings, Patent Investing|0 Comments

Form Holdings posts narrower loss in third quarter driven by Group Mobile and licensing revenue

Form Holdings Corp. (FH), the holding company formerly known a Vringo Inc., posted a narrower third quarter net operating loss on higher revenue at its Group Mobile, Fli Charge and intellectual property units. The New York-based company said its net operating loss in the latest quarter was $3.1 million, compared with a loss of $7.8 [...]

By | November 9th, 2016|earnings, Patent Investing|0 Comments

Apple succeeds in persuading PTAB to invalidate four Smartflash patents underscoring big companies’advantages

Apple Inc. (APPL), which is fighting a patent infringement campaign filed by Smartflash LLC, succeeded in convincing the Patent Trial and Appeal Board to invalidate four patents of the privately-held non-practicing entity at issue in four covered business method review petitions on Monday, Nov. 7. In CBM2015-00124, CBM2015-00121, CBM2015-00127, CBM2015-00123, the PTAB ruled that Smartflash’s [...]

By | November 8th, 2016|Patent Investing, PTAB|0 Comments