Company: IDCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001405495-25-000051
Chunk: 39

Company: InterDigital, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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, the Company calculates the number of shares issuable under the terms of the convertible notes and the warrants based on the average market price of the stock during the period, and includes that number in the total diluted shares outstanding for the period.

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9.  SEGMENT PERFORMANCE MEASURES AND EXPENSES

Our chief operating decision maker (“CODM”), who is our Chief Executive Officer, assesses company-wide performance and allocates resources based on consolidated financial information. Consequently, we view the entire organization as one reportable segment and the strategic purpose of all operating activities is to support that one segment. Our CODM evaluates company-wide performance based on multiple performance measures, including, but not limited to, net income. Our CODM does not generally evaluate our performance using asset or historical cash flow information.The table below provides the calculation of net income, which is the performance measure that is most consistent with GAAP, and the significant operating expenses included in this performance measure (in thousands): Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Revenue$300,596 $223,493 $511,103 $487,035 Less:Departmental expenses (a)49,355 44,485 90,692 88,951 Depreciation and amortization19,465 17,376 37,678 34,616 Intellectual property enforcement11,963 15,345 18,941 35,089 Share-based compensation11,836 9,655 21,334 19,041 Revenue share costs2,550 2,726 5,199 71,694 Other non-operating (income) expense, net (b)(5,607)(199)(5,994)2,476 Income tax provision30,466 24,441 47,083 43,852 Net income$180,568 $109,664 $296,170 $191,316                             (a) Includes personnel costs, consulting costs, outside services, administrative costs, and other operating expenses.(b) Includes interest income, interest expense, and other non-operating income and expenses

10.  OTHER INCOME, NET

The amounts included in "Other income, net" in the condensed consolidated statements of income for the three and six months ended June 30, 2025 and 2024 were as follows (in thousands):Three Months Ended June 30,Six Months