Document Security Systems posts narrower first quarter 2017 net loss on higher printed product revenue

Document Security Systems Inc. (DSS), the patent licensing company run by CEO Jeff Ronaldi, posted a narrower first quarter 2017 net loss on higher printed paper product and technology sales, services and licensing revenue. The Rochester New York-based company said its net loss fell to $184,037, or 1 cent a share, from $624,022, or 5 [...]

By | May 15th, 2017|earnings, Patent Investing|0 Comments

ParkerVision posts narrower loss on lower litigation expenses, delays launch of consumer Wi-Fi product until 3rd Qtr

ParkerVision Inc. (PRKR), the patent monetization company run by CEO Jeff Parker, said it posted a slightly narrower net loss in the first quarter driven by lower litigation expenses, partially offset by increases in research and development of a new consumer Wi-Fi product. Jacksonville, Florida-based ParkerVision also said the launch of its consumer Wi-Fi product, [...]

By | May 15th, 2017|earnings, Patent Investing, Product|0 Comments

Marathon Patent Group posts a narrower 1st-Qtr loss, announces new debt replacement plan

Marathon Patent Group Inc. (MARA), the patent monetization company run by CEO Doug Croxall, posted a slightly narrower net loss in the first quarter of 2017 as potential licensees refused to negotiate on what Marathon consider fair market terms. The Los Angeles-based company also said it is pursuing a new debt replacement plan that will [...]

By | May 15th, 2017|earnings, Patent Investing|0 Comments

Finjan posts first ever 1st-Qtr profit on licensing deals with Avast, Veracode and Sophos

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, posted its first ever net profit in the first quarter of 2017 driven by licensing agreements with Avast and Veracode and a settlement of its litigation with Sophos Inc. East Palo Alto, California-based Finjan said it reported first quarter profit [...]

By | May 11th, 2017|earnings, Patent Investing|0 Comments

InterDigital says amounts from Huawei license now expected in third quarter, not second quarter

InterDigital Inc. (IDCC), the mobile technology research and development and licensing company run by CEO Bill Merritt, said amounts related to the transfer of patents from a licensing agreement with Huawei won’t show up in revenue until the third quarter of 2017. The Wilmington, Delaware-based company didn’t explain why the amounts which had been expected [...]

Marathon may need white knight with deeper pockets to reel in fair market licensing deals

Marathon Patent Group Inc. (MARA), the patent monetization company run by CEO Doug Croxall, may have to find a buyer or go private if it wants to force recalcitrant infringers to meet its fair market licensing demands, patent market observers say. Los Angeles-based Marathon, which is expected to report a first quarter loss of 15 [...]

By | May 10th, 2017|earnings, Patent Investing, Uncategorized|0 Comments

VirnetX Holding Corp. posts a narrower first quarter 2017 net loss on lower litigation costs

VirnetX Holding Corp. (VHC), the patent licensing company run by CEO Kendall Larsen, posted a narrower net loss in the first quarter of 2017 driven by lower litigation costs. The Zephyr Cove, Nevada-based company said it net loss in the first quarter was $3.89 million, or 7 cents a share, versus a loss of $8.6 [...]

By | May 10th, 2017|earnings, litigation, Patent Investing|0 Comments

Acacia swings to first quarter 2017 loss as licensing revenue comes in lighter than expected

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio III, posted a wider net loss in first quarter 2017 driven by lower than expected licensing revenue. The Newport Beach, California-based company said its first quarter loss was $11.83 million,  or 24 cents a share, versus a loss of $9.97 million, [...]

By | May 4th, 2017|earnings, Patent Investing|0 Comments

(Update2) WiLAN acquires software firm VIZIYA for $29.51M, swings to loss in first quarter as licensing revenue plunges

Wi-LAN Inc. (WILN), the patent licensing company run by Executive Chairman Jim Skippen, said it is acquiring VIZIYA Corp. and its related entities, a Canadian software and services company, for $29.51 million (C$40.5 million), its second acquisition since embarking on a new strategy to become a diversified holding company to be called Quarterhill Inc. Separately, [...]

By | May 4th, 2017|earnings, Patent Investing|0 Comments

Xperi swings to $11M 1st Qtr net loss, names President Kirchner to replace retiring CEO Lacey

Xperi Corp. (XPER), the technology licensing company, swung to a first quarter net loss of $11 million, or 22 cents a share, and announced President Jon Kirchner has been named CEO to replace Tom Lacey who is retiring effective June 1. San Jose, California-based Xperi said its first quarter 2017 loss compared with net income [...]

By | May 3rd, 2017|earnings, exec changes, Patent Investing|0 Comments