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Note 1 - Business of Prism Technologies Group, Inc.
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
1.
Business of Prism Technologies Group, Inc.
 
Prism Technologies Group, Inc. (referred to herein as “PTG”, “we”, “our” or “us”) was originally incorporated in California in
February
 
1995
and re-incorporated in Delaware in
October 
1996.The
mailing address of our headquarters is
101
Parkshore Drive, Suite
100,
Folsom, CA
95630,
and the telephone number at that location is (
916
932
-
2860.
Our principal website is
www.przmgroup.com.
 
Since
December 21, 2011,
PTG
’s business has consisted of intellectual property management and licensing and enforcing a portfolio of patents. On
March 26, 2015,
we completed our acquisition of Prism Technologies, LLC (“Prism LLC”), with Prism LLC becoming our wholly-owned subsidiary (the “Merger”). Prism LLC is a Nebraska limited liability company headquartered in Omaha, Nebraska. Prism LLC has
two
primary operating subsidiaries: Secure Axcess, LLC, a Texas limited liability company and Millenium Biologix, LLC, a Nebraska limited liability company. Prism LLC and its subsidiaries own a portfolio of patents with over
50
 issued patents in the areas of computer and network security, semiconductors and medical technology. In
September 2015,
we changed our name to Prism LLC Technologies Group, Inc. to better reflect the operations of the combined companies.