Annual report pursuant to Section 13 and 15(d)

LEGAL PROCEEDINGS (Details Narrative)

v3.20.1
LEGAL PROCEEDINGS (Details Narrative) - USD ($)
1 Months Ended 51 Months Ended
Nov. 13, 2018
Jan. 09, 2018
Nov. 01, 2017
Nov. 30, 2018
Jan. 16, 2018
Oct. 31, 2016
Mar. 31, 2020
Dec. 15, 2017
Jan. 19, 2017
Maximum Cisco royalty payment per year for remaining term of the remote power patent             $ 9,000,000    
General unsecured claim allowed sold to third party   $ 6,320,000              
Dell [Member]                  
litigation settlement, description On November 13, 2018, the Company filed a lawsuit against Dell, Inc. in the District Court, 241st Judicial District, Smith County, Texas, for breach of a settlement and license agreement, dated August 15, 2016, with the Company as a result of Dell’s failure to make royalty payments, and provide corresponding royalty reports, to the Company based on sales of Dell’s PoE products. The Company believes Dell is obligated to pay the Company all prior unpaid royalties that accrued prior to and after the date of the HP Jury Verdict (November 2017) as well as future royalties through the expiration of the Remote Power Patent in March 2020. On December 7, 2018, Dell filed its Answer and Counterclaim. Dell denied the claim asserted by the Company and asserted a counterclaim in excess of $1,000,000. On January 28, 2019, Dell brought a motion to stay the case as a result of the Company’s pending appeal of the District Court order overturning the HP Jury Verdict on non-infringement to the U.S. Court of Appeals for the Federal Circuit and HP’s appeal of the District Court’s order that the Remote Power Patent is valid as a matter of law. Dell’s motion to stay was denied by the Court on May 7, 2019.                
Juniper [Member]                  
Payments received from license defendants upon settlement         $ 12,700,000        
Litigation settlement, original settlement amount     $ 13,250,000            
Avaya [Member]                  
Total federal unsecured claims allowed               $ 305,000,000  
Network-1 unsecured claim allowed, amount                 $ 37,500,000
General unsecured claims, percentage               18.90%  
Polycom [Member]                  
Litigation settlement, licence initiation fee receivable           $ 5,000,000      
Payments received from license defendants upon settlement       $ 1,000,000   $ 2,000,000      
Licence initiation fee payable, description           The balance is payable in three annual installments of $1,000,000 beginning in October 2017      
litigation settlement, description           The District Court in August 2018 granted the Company’s motion for judgment as a matter of law that the Remote Power Patent is valid thereby overturning the HP jury verdict of invalidity, Polycom became obligated to make the aforementioned remaining aggregate payments of $2,000,000 to the Company (of which $1,000,000 was paid in November 2018 and $1,000,000 of which was paid in November 2019.)