Source document: network-1-technologies_2019

Question: What does the company rely on to record its revenue?
Facts: royalty reports received from third party licensees
Answer: royalty reports received from third party licensees

Question: What is the total revenue for 2019?
Facts: $3,037,000
Answer: $3,037,000

Question: What are the components of total revenue?
Facts: Fully-Paid Licenses; Other Revenue; Royalty Bearing Licenses
Answer: Fully-Paid Licenses; Royalty Bearing Licenses; Other Revenue

Question: What is the percentage change of  Total Revenue from 2018 to 2019?
Facts: 22,106,000; 3,037,000
Derivation:  ($3,037,000 - $22,106,000 )/ $22,106,000 
Answer: -86.26 percent

Question: For 2019, what is the component that contributed the most to total revenue?
Facts: Fully-Paid Licenses
Derivation: For COL4 rows 3-5 find the largest number and the corresponding component in COL2
Answer: Fully-Paid Licenses

Question: What is the  Royalty Bearing Licenses for 2019 expressed as a percentage of  Total Revenue for 2019?
Facts: 2,907,000; 3,037,000
Derivation:  2,907,000/3,037,000
Answer: 95.72 percent

Question: What does Note B[11] detail?
Facts: discussion of valuation assumptions
Answer: discussion of valuation assumptions

Question: Who are the members who served as members of the board of directors (other than Named Executive Officers)?
Facts: Alison Hoffman; Emanuel Pearlman; Niv Harizman
Answer: Emanuel Pearlman; Niv Harizman; Alison Hoffman

Question: How much are the directors’ fees payable in cash to each non-management director, per quarter for 2019?
Facts: $10,000
Answer: $10,000

Question: Which director was compensated the most in 2019?
Facts: Emanuel Pearlman
Derivation: 89,750>88,640>86,000
Answer: Emanuel Pearlman

Question: What was the total amount of money received by one audit committee chairperson and one member?
Facts: 5,000; 7,500
Derivation: 7,500+5,000
Answer: 12500

Question: How many directors received compensation of more than $88,000?
Facts: Alison Hoffman; Emanuel Pearlman
Derivation: Emanuel Pearlman##Alison Hoffman
Answer: 2

Question: Who would have benefited from the equity compensation plans not approved by security holders?
Facts: Chairman and Chief Executive Officer
Answer: Chairman and Chief Executive Officer

Question: Which parties may be granted Awards under the 2013 plan?
Facts: Awards under the 2013 Plan may be granted to our employees, directors and consultants.
Answer: Awards under the 2013 Plan may be granted to our employees, directors and consultants.

Question: What are the types of awards that may be granted under the 2013 Stock Incentive Plan?
Facts: (a) stock options, (b) restricted stock, (c) deferred stock, (d) stock appreciation rights, and (e) other stock-based awards including restricted stock units.
Answer: (a) stock options, (b) restricted stock, (c) deferred stock, (d) stock appreciation rights, and (e) other stock-based awards including restricted stock units.

Question: What is the proportion of equity compensation plans approved by security holders to the total number of securities to be issued upon exercise of outstanding options and rights?
Facts: 445,000; 945,000
Derivation: 445,000/945,000
Answer: 0.47

Question: What % of equity compensation plans that are approved are shares of common stock issuable upon exercise of outstanding stock options?
Facts: 105,000; 445,000
Derivation: 105,000/445,000
Answer: 23.6 percent

Question: What % of equity compensation plans that are approved are shares issuable upon vesting of outstanding restricted stock units?
Facts: 340,000; 445,000
Derivation: 340,000/445,000
Answer: 76.4 percent

Question: Which note does the stockholders equity information belong to?
Facts: NOTE F
Answer: NOTE F

Question: What does each restricted stock unit represent?
Facts: each restricted stock unit represents the contingent right to receive one share of the Company’s common stock
Answer: each restricted stock unit represents the contingent right to receive one share of the Company’s common stock

Question: How many years are the unrecognized restricted stock unit compensation expensed over?
Facts: 1.2
Answer: 1.2

Question: What was the total restricted stock unit compensation expense for the years 2018 and 2019?
Facts: 567,000; 687,000
Derivation: 567,000 + 687,000  
Answer: 1254000

Question: What was the percentage change in balance of restricted stock units outstanding from 2018 to 2019?
Facts: 340,000; 505,000
Derivation: (340,000 - 505,000) / 505,000 
Answer: -32.67 percent

Question: What is the difference in weighted-average grant date fair value for grants of restricted stock units and vested restricted stock units?
Facts: 2.29; 2.45
Derivation: 2.45 - (-2.29) 
Answer: 4.74

Question: How is the percentage ownership of common stock determined?
Facts: by assuming that all stock options and restricted stock units held by such person (but not those held by any other person) and which are exercisable or vested within 60 days from March 1, 2020 have been exercised and vested.
Answer: by assuming that all stock options and restricted stock units held by such person (but not those held by any other person) and which are exercisable or vested within 60 days from March 1, 2020 have been exercised and vested.

Question: What is the total amount and nature of beneficial ownership for all officers and directors as a group?
Facts: 7,458,266
Answer: 7,458,266

Question: Who is the sole member of CMH Capital Management Corp. and who is the sole member of Goose Hill Capital LLC.?
Facts: Corey M. Horowitz; Mr. Heinemann
Answer: Corey M. Horowitz; Mr. Heinemann

Question: How many executive officers and directors own less than 100,000 in nature of beneficial ownership?
Facts: Allison Hoffman; David C. Kahn; Jonathan E. Greene
Derivation: David C. Kahn##Allison Hoffman##Jonathan E. Greene
Answer: 3

Question: What is the percentage of amount and nature of beneficial ownership for John Herzog among the 5% Stockholders?
Facts: 1,200,130; 2,242,582; 2,827,815
Derivation: 1,200,130 / (1,200,130 + 2,242,582 + 2,827,815)  
Answer: 19.14 percent

Question: How much more do all officers and directors as a group have in amount and nature of beneficial ownership as compared to the 5% Stockholders?
Facts: 1,200,130; 2,242,582; 2,827,815; 7,458,266
Derivation: 7,458,266 - (1,200,130 + 2,242,582 + 2,827,815)  
Answer: 1187739

Question: How many shares did the company repurchase during the year ended December 31, 2019?
Facts: 335,372 shares
Answer: 335,372 shares

Question: How many shares did the company repurchase since the inception of the Share Repurchase Program?
Facts: 8,489,770 shares
Answer: 8,489,770 shares

Question: How much did it cost to repurchase shares under the Share Repurchase Program?
Facts: cost of approximately $15,906,846
Answer: cost of approximately $15,906,846

Question: How many shares did the company purchase prior to October 1, 2019 for 2019?
Facts: 164,817; 335,372
Derivation: 335,372 - 164,817
Answer: 170555

Question: What % of total shares purchased during year ended December 31, 2019 were shares purchased during October 1, 2019 to December 31, 2019?
Facts: 164,817; 335,372
Derivation: 164,817/335,372
Answer: 49.14 percent

Question: What % of total shares purchased since the inception of the Share Repurchase Program were shares purchased during year ended December 31, 2019?
Facts: 335,372; 8,489,770
Derivation: 335,372/8,489,770
Answer: 3.95 percent