network 1 security solutions inc (nssi) is a computer software company located in 445 park ave, new york, new york, united states.
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)
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
8-K
NETWORK-1 Declares Semi-annual Dividend
26 Feb 24
8-K
Other Events
3 Jan 24
8-K
NETWORK-1 Reports Third Quarter Results
7 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
20 Sep 23
8-K
NETWORK-1 Declares Semi-annual Dividend
12 Sep 23
8-K
Other Events
6 Sep 23
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) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
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) | 20.89 mm | 20.89 mm | 20.89 mm | 20.89 mm | 20.89 mm | 20.89 mm |
Cash burn (monthly) | (no burn) | 23.17 k | 286.33 k | 293.17 k | 66.67 k | 84.08 k |
Cash used (since last report) | n/a | 154.67 k | 1.91 mm | 1.96 mm | 445.10 k | 561.38 k |
Cash remaining | n/a | 20.73 mm | 18.97 mm | 18.93 mm | 20.44 mm | 20.32 mm |
Runway (months of cash) | n/a | 894.9 | 66.3 | 64.6 | 306.6 | 241.7 |
Institutional ownership, Q3 2023
26.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 0 |
Closed positions | 3 |
Increased positions | 5 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 8.75 bn |
Total shares | 6.28 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 |
Clayton Partners | 1.40 mm | $3.29 bn |
Greenwich Investment Management | 727.35 k | $1.70 bn |
Vanguard | 593.76 k | $1.39 bn |
Renaissance Technologies | 542.14 k | $1.27 mm |
Cannell Capital | 534.91 k | $1.25 mm |
Dimensional Fund Advisors | 459.32 k | $1.07 bn |
Bridgeway Capital Management | 164.45 k | $384.81 mm |
Geode Capital Management | 102.67 k | $240.32 mm |
PNC PNC Financial Services | 99.80 k | $233.53 mm |
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 |