PARKERVISION INC

ParkerVision, Inc. announced its 2026 Annual Meeting of Shareholders will be held virtually on September 25, 2026. Shareholders will vote on the election of directors, including new nominee Anthony B. Bowers, and the ratification of Frazier & Deeter, LLC as the independent registered public accounting firm. The record date for voting eligibility was set as July 29, 2026, with proxy materials available from August 11, 2026.

ParkerVision, Inc. announced the retirement of Mr. Lewis Titterton from its Board of Directors and its Audit and Compensation Committees, effective May 15, 2026. Mr. Titterton's resignation was due to retirement and not any disagreement with the company. The Board unanimously appointed Mr. Anthony Bowers to fill the director vacancy on May 19, 2026, also assigning him to the Audit and Compensation Committees. Mr. Bowers brings over 30 years of experience in corporate and institutional sales, including leadership roles at OTR Global and Goldman Sachs, and holds an MBA from the Wharton School.

ParkerVision reported a net loss of $1.6 million for Q1 2026, an improvement from $3.8 million in Q1 2025, with no licensing revenue. The company's cash and cash equivalents decreased to $3.4 million, and it faces substantial doubt about its ability to continue as a going concern. Ongoing patent enforcement actions continue, with one PTAB decision ruling challenged claims unpatentable, and several trials postponed.

ParkerVision, Inc. reported a net loss of $1.6 million, or $0.01 per common share, for the first quarter of 2026, a significant improvement from the $3.8 million net loss in Q1 2025. This reduction was mainly driven by a decrease in losses from changes in the fair value of contingent payment obligations. Concurrently, the company provided updates on its ongoing patent infringement lawsuits, noting an expedited schedule for its Qualcomm appeal with oral arguments set for June 1, 2026. However, trials against MediaTek and Realtek were postponed, with the Realtek case further impacted by the departure of the assigned district court judge.

ParkerVision, Inc. (PRKR) announced that its Compensation Committee approved the modification of nonqualified stock options for CEO Jeffrey Parker and CFO Cynthia French. The expiration date for these options was extended from August 7, 2026, to August 7, 2029, to preserve their long-term incentive value. The modification affects 2,660,000 options for Mr. Parker and 870,550 for Ms. French, all with an exercise price of $0.171 per share. The company anticipates recording a one-time non-cash share-based compensation charge of approximately $360,000.