Mara Holdings, Inc. · NASDAQ:MARA
Mara — Marathon Patent Group — Investor Presentation (December 2014)
16 slides from Mara's investor presentation, Dec 1, 2014
Slide 1: Marathon Patent Group Investor Presentation
Marathon Patent Group Specializing in Return on Invention Investor Presentation December 2014 Copyright Marathon Patent Group
Slide 2: Safe Harbor
yp Safe Harbor ‘This presentation and other written or oral statements made from time to time by representatives of Marathon Patent Group (MPG or “Marathon’) contain “forward-looking statements’ within the meaning of Section 27. of the Securities ct of 1983, as amended, and Section 21E of the Securi
Slide 3: Overview
wp Marathon Patent Grou Overview = Patent acquisition and monetization company that generates revenues through diverse patent licensing programs across Exchange! NASDAQ: multiple industries Ticker: MARA As of 11/17/14, Marathon subsidiaries collectively own 378 patents and contract rights for 10 pat
Slide 4: Marathon's Business Model
yp Marathon’s Business Model Proprietary process for valuing patent assets Highly scalable hybrid model allows for concurrent multiple revenue streams without significant increases in overhead + Sixteen (16) subsidiaries with active enforcement campaigns - through 11/17/14, nine (9) subsidiaries hav
Slide 5: Diversification within the Asset Class
yp Diversification within the Asset Class Revenue Diversification Percentage of Patents by Technology Sector Medical Tech— 47% Muttiple potential licensees — currently 94 Mobile Handset Technology - 10% defendants Data Transaction Processing - 10% Automotive related technology ~ 5% Marathon currentl
Slide 6: Financial Performance: Strong Quarterly Growth
Financial Performance: Strong Quarterly Growth Revenues $13.5M. $3.8M $2.8M GAAP Net Income (Loss) $3.5M. ($16)M ($0.3)M GAAP EPS. $0.61 ($0.21) ($0.05) pone a Ne ae $6.9M $12M $0.9M (Loss) * Non-GAAP EPS * $1.20 $0.21 $0.16 Marathon recoded it first GAAP profitable quarter in Q3 2014 to compliment
Slide 7: Strong Earnings Leverage
yp Strong Earnings Levera $14,000,000 $12,000,000 +—| "Revenues ™Opex (Cash) ™ Non-GAAP Net Income (Loss) $10,000,000 ~|_ = GAAP Net Income (Loss) 8,000,000 $6,000,000 $4,000,000 $52,000,000 % i204 uz qu2014 (2,000,000) Delivering revenue growth with minimal increase in cash operating expenses, driv
Slide 8: Court Dates Timeline
W ey Court Dates Timeline IP Liquidity / Andrutis, IP Liquidity / Andrulis ‘TLI Communications Pharmaceutical Selene Markman Pharmaceutical Trial Markman Hearing” Markman Hearing” Hearing* Date" Signal Markman Selene Markman Hearing™ Hearing* E2E Trial Date* ‘Selene Trial Date” e e e e e e e ovens D
Slide 9: Case Study — Dynamic Advances
p Case Study — Dynamic Advances Researchers at Rensselaer Polytechnic Institute (“RPI”) in NY were granted US Patent 7,177,798 (‘798 patent) titled “Natural language interface using constrained intermediate dictionary of results” RPI sold exclusive license to Dynamic Advances (a private LLC) . RPI a
Slide 10: Case Study — MedTech / Stryker
yp Case Study — MedTech / Stryker + OrthoPhoenix files first six patent infringement lawsuits against orthopedic companies in June 2013. As of December 2013, OrthoPhoenix has filed eight patent infringement lawsuits, including one against orthopedic giant Stryker on October 1, 2013. On October 10, 2
Slide 11: Relationship with IPNav
p Relationship with IPNav Acquisition Pipeline Patent Portfolio IPNav helps uncover patent acquisition opportunities for Marathon from a large and diverse group of sources IPNav's platform aids Marathon in due diligence, valuation, enforcement, litigation and licensing services MARATHON IP NAV Opaa
Slide 12: Opus Analytics: New Emerging Revenue Stream
p Opus Analytics: New Emerging Revenue Stream Opus — IP analytics platform developed for IPNav Launched on September 15" 50/50 revenue split between Marathon and IPNav Expected to generate consistent, regular Software as a Service (SaaS) revenue stream Financial professional / investor IP and Legal
Slide 13: Experienced Management Team with Track Record of Success
p Experienced Management Team with Track Record of Success Doug Croxall - CEO & Chairman Previously CEO & owner of LVL Patent Group, a patent enforcement entity /Chairman & CEO of Firepond (NASDAQ FIRE), a configuration software company with a patent portfolio enforced by IPNav for approximately $10
Slide 14: Investment Highlights
yp Investment Highlights Broadly diversified within the asset class Proprietary process to value patent assets with deep pipeline of opportunities Strategic relationship with IPNav provides a source of competitive advantage Highly scalable business model with strong operating leverage Strong recent
Slide 15: Appendix
Appendix
Slide 16: Non-GAAP Reconciliation
yp Non-GAAP Reconciliation bs fost asain pin gn in th ied Ste nancial tecernenta prepaned and lane with GAAP, this presen fee financial meneues, snluding AP Barsioga Per Share CEPS°), that ave conaieredok-GAAP financial measures os defined in Rule 101 of Regulation G the Securities and Bachange Comn
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