Earnings Releases·Nov 10, 2026, 4:03 PM ET

ParkerVision — Nine Months Ended September 30, 2026 Earnings Summary

Reported a net loss of $0.5 million ($0.00 per share) for the nine months ended September 30, 2026, a significant improvement from the $7.4 million loss ($0.06 per share) in the prior year period, driven by a $3.0 million (46%) reduction in operating expenses and a $3.4 million gain from decreased fair value of contingent payment obligations.
Total assets declined to $2.8 million as of September 30, 2026, from $5.4 million at year-end 2025, while cash and cash equivalents fell to $1.6 million from $4.4 million, with net cash used in operating activities decreasing to $2.5 million from $4.1 million in the prior year.
No licensing revenue was generated during the nine-month period, and the company faces ongoing risks related to legal proceedings, including potential delays, funding constraints, and uncertainties surrounding the fair value of contingent payment obligations.
Strategic litigation updates include the appellate court's remand of the Qualcomm transmitter claims to the middle district of Florida, the filing of a FOIA complaint against NARA regarding the 2014 Qualcomm verdict, and management's intent to pursue expeditious jury trials for transmitter claims and appellate review for receiver claims.
Management is awaiting reassignment of the MediaTek case following Judge Albright's retirement and anticipates trial schedules will be set soon for the MediaTek and Realtek cases, which are described as "primed and ready for trial."