ParkerVision Inc., a developer and marketer of technologies for wireless applications, reported a net loss of $1.6 million for the second quarter of 2025, or $0.01 per common share, compared to a net loss of $0.3 million for the same period in 2024. For the first six months of 2025, the company reported a net loss of $5.4 million, compared to a net loss of $1.0 million for the same period in the previous year. The increase in net loss for the quarter ended June 30, 2025, is primarily attributed to a $3.2 million increase in operating expenses, which was partially offset by a $1.8 million increase in the gain from decreases in the estimated fair value of the company's contingent payment obligations. In terms of recent business developments, ParkerVision is engaged in legal proceedings, including a case against Qualcomm, where the federal district court in Orlando issued a third claim construction order. The company disagrees with the new language added to its patent claims and intends to appeal the ruling. Additionally, ParkerVision is involved in other legal actions, such as the Realtek case, which is scheduled for trial in five months. The company emphasizes the importance of a solid U.S. patent protection system to continue investing in innovation, particularly in advanced wireless applications like 5G.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ParkerVision Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-026190), on August 12, 2025, and is solely responsible for the information contained therein.
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