Company: IDCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001405495-25-000051
Chunk: 17

Company: InterDigital, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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Item 1. FINANCIAL STATEMENTS

INTERDIGITAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except per share data)

(unaudited)

June 30,2025December 31,2024Assets  Current assets:  Cash and cash equivalents$517,894 $527,360 Short-term investments419,091 430,848 Accounts receivable388,707 188,302 Prepaid and other current assets60,717 84,312 Total current assets1,386,409 1,230,822 Property and equipment, net26,376 18,544 Patents, net317,963 308,630 Deferred tax assets96,468 128,133 Other non-current assets, net157,493 149,400 Total assets$1,984,709 $1,835,529 Liabilities and Shareholders' equity  Current liabilities:  Current portion of long-term debt$455,750 $456,329 Accounts payable8,046 12,206 Accrued compensation and related expenses28,766 42,575 Deferred revenue178,291 178,009 Dividends payable15,507 11,557 Other accrued expenses22,498 25,134 Total current liabilities708,858 725,810 Long-term debt16,566 15,443 Long-term deferred revenue113,631 182,119 Other long-term liabilities58,870 54,942 Total liabilities897,925 978,314 Commitments and contingenciesShareholders' equity:  Preferred Stock, $0.10 par value, 14,399 shares authorized, 0 shares issued and outstanding— — Common Stock, $0.01 par value, 100,000 shares authorized, 70,911 and 70,577 shares issued and 25,869 and 25,682 shares outstanding709 705 Additional paid-in capital805,073 808,540 Retained earnings2,039,921 1,775,823 Accumulated other comprehensive loss(107)(458)Treasury stock, 45,042 and 44,895 shares of common stock held at cost(1,758,812)(1,727,395)Total shareholders' equity1,086,784 857,215 Total liabilities and