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ACCESS Newswire·

ParkerVision Reports Third Quarter 2026 Results

  • ParkerVision reported a net loss of $0.5 million for the nine months ended September 30, 2026, compared to a $7.4 million loss in the same period of 2025.
  • The reduction in net loss resulted from a $3.0 million decrease in operating expenses \& a $3.4 million gain from the decreased fair value of contingent payment obligations.
  • Operating expenses fell due to a $0.9 million drop in outside professional fees \& a $2.1 million decrease in share-based compensation.
  • An appellate court ruled on September 30, 2026, that it lacked jurisdiction over an expedited appeal in the ParkerVision v. Qualcomm case, sending the matter back to the middle district of Florida for proceedings on transmitter patent claims only.
  • The Company plans to re-appeal the district court's 2025 claim construction ruling regarding receiver patent claims after final judgment on the transmitter-only proceedings.
  • On August 31, 2026, ParkerVision filed a FOIA complaint against the National Archives to obtain documents related to its prior Qualcomm case, with a response deadline of November 13, 2026.
  • Judge Albright retired on August 31, 2026, \& the Company is awaiting reassignment of its MediaTek case and trial schedules for both MediaTek and Realtek cases.
  • Cash used for operations totaled approximately $2.5 million during the nine-month period, leaving the Company with $1.6 million in cash and cash equivalents at quarter-end.
  • Total assets decreased to $2.767 million as of September 30, 2026, from $5.359 million as of December 31, 2025.
  • Contingent payment obligations decreased to $42.708 million from $46.089 million, driven by changes in projected cash flows \& risk-free rate adjustments.
Company
ParkerVision, Inc.
Keywords
Telecommunications, Earnings