Network-1 (NTIP)

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)	12.29 mm	12.29 mm	12.29 mm	12.29 mm	12.29 mm	12.29 mm
Cash burn (monthly)	285.67 k	484.75 k	215.00 k	279.00 k	(no burn)	26.75 k
Cash used (since last report)	439.34 k	745.53 k	330.66 k	429.09 k	n/a	41.14 k
Cash remaining	11.85 mm	11.54 mm	11.96 mm	11.86 mm	n/a	12.25 mm
Runway (months of cash)	41.5	23.8	55.6	42.5	n/a	457.8

Beta Read what these cash burn values mean

Financial data from Network-1 earnings reports.

Institutional ownership, Q4 2024

NTIP institutional ownership history Ownership history

23.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	25	16	+56.3%
Opened positions	11	1	+1000.0%
Closed positions	2	9	-77.8%
Increased positions	1	4	-75.0%
Reduced positions	8	5	+60.0%

13F shares	Current	Prev Q	Change
Total value	5.76 bn	6.20 bn	-7.0%
Total shares	5.48 mm	5.78 mm	-5.0%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Clayton Partners	1.21 mm	$1.61 bn	-21.3%
Heinemann Steven D.	1.15 mm	$1.58 mm	-15.0%
Renaissance Technologies	513.11 k	$682.44 mm	-3.9%
Vanguard	433.39 k	$576.40 mm	-28.5%
Saybrook Capital	412.65 k	$548.83 mm	-13.9%
PNC The PNC Financial Services Group, Inc.	369.10 k	$490.90 mm	0.0%
Dimensional Fund Advisors	357.63 k	$475.65 mm	-3.3%
Cannell Capital	347.29 k	$461.90 mm	NEW
Bridgeway Capital Management	158.90 k	$211.33 mm	-21.4%
Round Rock Advisors	122.24 k	$162.58 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Cannell Capital	347.29 k	+347.29 k	NEW
Clayton Partners	1.21 mm	-327.38 k	-21.3%
Heinemann Steven D.	1.15 mm	-203.80 k	-15.0%
Vanguard	433.39 k	-172.93 k	-28.5%
Round Rock Advisors	122.24 k	+122.24 k	NEW
Saybrook Capital	412.65 k	-66.70 k	-13.9%
STT State Street	46.30 k	+46.30 k	NEW
Bridgeway Capital Management	158.90 k	-43.30 k	-21.4%
Citadel Advisors	31.41 k	+31.41 k	NEW
Renaissance Technologies	513.11 k	-20.75 k	-3.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NTIP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Feb 25	Allison C Hoffman	Common Stock, $.01 par value per share	Grant	Acquire A	No	No	0	15,000	0.00	120,561
19 Feb 25	Niv Harizman	Common Stock, $.01 par value per share	Grant	Acquire A	No	No	0	15,000	0.00	332,235
24 Jan 25	Greene Jonathan M	Common Stock, $.01 par value per share	Payment of exercise	Dispose F	No	No	1.37	2,674	3.66 k	113,249
24 Jan 25	Greene Jonathan M	Common Stock, $.01 par value per share	Grant	Acquire A	No	No	0	7,500	0.00	115,923
24 Jan 25	Greene Jonathan M	RSU Common Stock	Option exercise	Dispose M	No	No	0	7,500	0.00	32,500
8 Jan 25	Greene Jonathan M	Common Stock, $.01 par value per share	Payment of exercise	Dispose F	No	No	1.43	2,674	3.82 k	108,423
8 Jan 25	Greene Jonathan M	Common Stock, $.01 par value per share	Grant	Acquire A	No	No	0	7,500	0.00	111,097
8 Jan 25	Greene Jonathan M	RSU Common Stock	Option exercise	Dispose M	No	No	0	7,500	0.00	40,000
2 Jan 25	Greene Jonathan M	RSU Common Stock	Grant	Acquire A	No	No	0	25,000	0.00	47,500