ParkerVision Reports Year End 2025 Results

About this update from Qualcomm Incorporated

JACKSONVILLE, FL / ACCESS Newswire / March 23, 2026 / ParkerVision, Inc. (OTCQB:PRKR) ("ParkerVision" or the "Company"), a developer and marketer of technologies and products for wireless applications, today announced results for the year ended December 31, 2025. 2025 Summary and Recent Developments Jeffrey Parker, CEO of ParkerVision, commented, "We began 2025 on the heels of a favorable appellate court ruling in our Qualcomm case that we anticipated would lead to a much-awaited jury trial in 2025. Unfortunately, following the remand from the federal circuit, the district court decided to allow Qualcomm a third chance at claim construction in an over ten-year old, trial-ready case, and furthermore ruled that a ‘generating limitation,' which imposes a requirement that does not appear anywhere in the alleged infringing patent specifications or claims, should be added to each of the receiver patent claims currently under appeal. This resulted in a stipulation of noninfringement of our receiver claims and ultimately, a return to the appellate court. We are pleased that the appellate court granted our motion for an expedited appeal, and we remain optimistic that we will once again receive a favorable decision." Mr. Parker continued, "Meanwhile, we, along with our litigation team, were in Waco, Texas a week ago anticipating the start of our first of three jury trials against MediaTek. In a pre-trial hearing held just days before scheduled jury selection, the judge requested that our damages expert provide additional support in certain areas of his damages calculations, resulting in a postponement of the trial. The court indicated it would reset a pretrial and trial schedule once the parties have updated the expert reports and related briefings. We have been looking forward to sharing the merits of our case with a jury and are, of course, disappointed that the trial was postponed. However, we feel that the guidance from the court provides us with an opportunity to further strengthen the expert reports for this and all future cases in this district. Despite the delay in the MediaTek case, we still believe that 2026 will be a pivotal year for ParkerVision's patent enforcement activities." Financial Results About ParkerVision ParkerVision, Inc. invents, develops and licenses cutting-edge, proprietary radio-frequency (RF) technologies that enable wireless solution providers to make and sell advanced wireless communication products. ParkerVision is engaged in a number of patent enforcement actions in the U.S. to protect patented rights that it believes are broadly infringed by others. For more information, please visit www.parkervision.com. (PRKR-I) Safe Harbor Statement This press release contains " forward-looking statements " within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements regarding the timing, scheduling, and expected outcomes of current and future legal proceedings; the potential impact and significance of such proceedings; and expectations concerning court and PTAB rulings, trial dates, and pre-trial motions. Forward-looking statements also include estimates and assumptions underlying financial information, including the fair value of contingent payment obligations and the Company ' s ability to support ongoing operations and litigation. These statements are based on current expectations, estimates, projections, and assumptions as of the date of this release, and involve known and unknown risks and uncertainties that could cause actual results to differ materially. Words such as " believe, "" optimistic, " " expect, " " will," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements include these words. Risks and uncertainties that may cause actual results to differ include, among others: adverse developments or delays in legal proceedings; unfavorable court or PTAB decisions or rulings; the loss or unavailability of key expert witnesses; the availability of funding for continued operations and litigation; changes in the legal or regulatory environment; inaccuracies in financial estimates or assumptions; and risks disclosed in the Company ' s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025, and subsequent filings. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances. Cindy French Chief Financial Officer ParkerVision, Inc. [email protected] ParkerVision, Inc. Balance Sheet Highlights (unaudited) ParkerVision, Inc. Summary Results of Operations(unaudited) ParkerVision, Inc. Summary of Cash Flows (unaudited) SOURCE: ParkerVision, Inc. View the original press release on ACCESS Newswire

View stock analysis, news, and events for Qualcomm Incorporated