Company: IDCC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001405495-25-000063
Chunk: 12

Company: InterDigital, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 — (10,646)— — — — (10,646)Share-based compensation— — 9,301 — — — — 9,301 Repurchase of common stock— — — — — 138 (35,252)(35,252)Settlement of the 2027 Hedge— — 40 — — — (40)— Balance, September 30, 202570,963 $709 $804,328 $2,088,823 $220 45,180 $(1,794,104)$1,099,976 

The accompanying notes are an integral part of these statements.

7

INTERDIGITAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands) 

(unaudited)

Nine Months Ended September 30, 20252024Cash flows from operating activities:  Net income$363,673 $225,506 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization57,482 52,165 Non-cash interest income, net(3,362)(8,290)Change in deferred revenue48,785 (3,913)Deferred income taxes(26,776)18,020 Share-based compensation30,635 28,122 Other914 329 Decrease (Increase) in assets:Receivables27,661 (95,128)Deferred charges and other assets(20,686)(81,333)Increase (Decrease) in liabilities:Accounts payable2,408 (2,092)Customer deposit— (76,100)Accrued compensation and other expenses325 22,208 Net cash provided by operating activities481,059 79,494 Cash flows from investing activities:  Purchases of short-term investments(317,357)(445,434)Proceeds from maturities and sales of short-term investments335,682 618,642 Purchases of property and equipment(15,671)(1,928)Capitalized patent costs(39,591)(33,506)Long-term investments— 1,576 Net cash (used in) provided by investing activities(36,937)139,350 Cash flows from financing activities:  Payments on long-term debt(1,