Quest Patent Research Corp

Quest Patent Research Corp. is a U.S.-based intellectual property asset management company focused on acquiring, controlling, licensing, and enforcing patent portfolios. Its business is organized around monetizing patented technologies through license agreements, often in connection with patent infringement litigation and settlement.

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— Quest Patent Research Corp
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Patent licensing70% One-time and settlement-based licenses granting rights to use patented technologies.
Patent enforcement and litigation monetization20% Patent infringement actions and related settlements used to generate license revenue.
Intellectual property portfolio management10% Acquisition, control, and administration of patent portfolios and related rights.

The company’s customers are typically operating companies that are alleged to use patented technologies and choose to...

  • Patent litigation defendantsprimary

    Companies that settle infringement claims by paying for licenses and dismissal of litigation.

  • Technology manufacturersprimary

    Firms that need rights to manufacture or sell products covered by patented technologies.

  • Settlement counterpartiessecondary

    Businesses that resolve disputes through one-time paid-up license fees.

Quest Patent Research Corp. is headquartered in the United States and its monetization activity is centered on U.S...

  • Headquartered in the United States
  • Patent litigation activity centered in U.S. federal courts
  • Revenue depends on U.S.-based settlement and licensing deals
  • No disclosed country revenue split in the provided excerpts
  • Geography matters mainly through U.S. legal venue and enforcement

The company’s strategy is to build and monetize patent portfolios through acquisition, enforcement, and licensing...

01
Monetize patent portfolios through licensing and settlementsshort-term

License fees are the core revenue source and depend on successful enforcement.

02
Pursue infringement actions where neededshort-term

Litigation is used to create settlement leverage and generate revenue.

03
Build additional monetizable IP portfoliosmedium-term

A broader portfolio can create more licensing opportunities and diversify revenue sources.

The business is highly dependent on litigation outcomes, settlement timing, and the willingness of counterparties to...

critical

Financing and going-concern risk

Legal enforcement requires capital and the company disclosed substantial doubt about continuity.

Scope
Operating expenses and litigation funding
Materiality
high
high

Litigation outcome risk

Revenue depends on winning or settling patent infringement cases.

Scope
Patent licensing and enforcement revenue
Materiality
high
high

Revenue concentration and timing risk

Revenue is recognized when settlements or licenses are executed, causing large quarter-to-quarter swings.

Scope
Single-payment license fees
Materiality
high
high

Patent validity and PTAB challenge risk

Inter partes review or other validity challenges can weaken enforcement leverage.

Scope
Patent portfolios under monetization
Materiality
medium
Revenue recognition for patent licenses
Creates lumpy revenue and comparability issues across periods
Capitalized patent costs and amortization
Affects operating expense timing and asset carrying values
Impairment of intangible assets
Can cause non-cash write-downs
Warrant liability fair value
Creates period-to-period gains or losses in other income/expense

: 29.4.2026