network 1 security solutions inc (nssi) is a computer software company located in 445 park ave, new york, new york, united states.
![Network-1 logo](/files/LOGO/1065078-NTIP.png)
Company profile
Ticker
NTIP
Exchange
Website
CEO
Corey Horowitz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NETWORK 1 SECURITY SOLUTIONS INC, NETWORK 1 TECHNOLOGIES INC
SEC CIK
Corporate docs
Subsidiaries
Mirror Worlds Technologies, LLC • HFT Solutions, LLC ...
IRS number
113027591
NTIP stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
24 Jul 24
8-K
Departure of Directors or Certain Officers
24 Jul 24
8-K
Other Events
28 Jun 24
8-K
Other Events
16 May 24
8-K
NETWORK-1 Reports First Quarter 2024 Results
14 May 24
10-Q
2024 Q1
Quarterly report
10 May 24
8-K
Other Events
26 Apr 24
8-K
NETWORK-1 Reports 2023 Year-end Financial Results
13 Mar 24
10-K
2023 FY
Annual report
8 Mar 24
8-K
Network-1 Receives New Patent from U.S. Patent Office Expanding Its M2M/IoT Patent Portfolio to 51 Patents Worldwide
6 Mar 24
Latest ownership filings
4
COREY M HOROWITZ
26 Mar 24
4
NIV HARIZMAN
27 Feb 24
4
Allison C Hoffman
26 Feb 24
4
EMANUEL R PEARLMAN
26 Feb 24
SC 13G/A
Clayton Partners LLC
13 Feb 24
SC 13G/A
Heinemann Steven D.
29 Jan 24
4
Jonathan M Greene
26 Jan 24
4
Jonathan M Greene
19 Jan 24
4
Jonathan M Greene
10 Jan 24
4
Robert Michael Mahan
11 Sep 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 18.11 mm | 18.11 mm | 18.11 mm | 18.11 mm | 18.11 mm | 18.11 mm |
Cash burn (monthly) | (no burn) | (no burn) | 306.00 k | 198.08 k | 198.67 k | (no burn) |
Cash used (since last report) | n/a | n/a | 1.18 mm | 765.86 k | 768.12 k | n/a |
Cash remaining | n/a | n/a | 16.92 mm | 17.34 mm | 17.34 mm | n/a |
Runway (months of cash) | n/a | n/a | 55.3 | 87.5 | 87.3 | n/a |
Institutional ownership, Q1 2024
9.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 30.37 mm |
Total shares | 2.15 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Heinemann Steven D. | 1.47 mm | $0.00 |
Saybrook Capital | 666.39 k | $1.38 mm |
Pinnacle Associates | 14.00 k | $28.99 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Horowitz Corey M | Common Stock, $.01 par value per share | Payment of exercise | Dispose F | No | No | 2.09 | 23,505 | 49.13 k | 3,983,954 |
22 Mar 24 | Horowitz Corey M | Common Stock, $.01 par value per share | Option exercise | Acquire M | No | No | 0 | 75,000 | 0.00 | 4,007,459 |
22 Mar 24 | Horowitz Corey M | RSU Common Stock | Option exercise | Acquire M | No | No | 0 | 75,000 | 0.00 | 425,000 |
23 Feb 24 | Allison C Hoffman | Common Stock, $.01 par value per share | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 105,561 |
23 Feb 24 | Emanuel R Pearlman | Common Stock, $.01 par value per share | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 143,309 |
23 Feb 24 | Niv Harizman | Common Stock, $.01 par value per share | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 317,235 |
24 Jan 24 | Greene Jonathan M | Common Stock, $.01 par value per share | Payment of exercise | Dispose F | No | No | 2.17 | 2,674 | 5.80 k | 103,597 |
24 Jan 24 | Greene Jonathan M | Common Stock, $.01 par value per share | Grant | Acquire A | No | No | 0 | 7,500 | 0.00 | 106,271 |
24 Jan 24 | Greene Jonathan M | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,500 | 0.00 | 22,500 |