Company: IDCC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001405495-25-000063
Chunk: 32

Company: InterDigital, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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 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 September 30,Nine Months Ended September 30, 2025202420252024Revenue$164,682 $128,679 $675,785 $615,714 Less:Departmental expenses (a)46,839 42,811 137,531 131,762 Depreciation and amortization19,804 17,549 57,482 52,165 Intellectual property enforcement10,487 12,867 29,428 47,956 Share-based compensation9,301 9,081 30,635 28,122 Revenue share costs2,443 7,029 7,642 78,723 Other non-operating (income) expense, net (b)(169)(1,873)(6,163)603 Income tax provision8,474 7,025 55,557 50,877 Net income$67,503 $34,190 $363,673 $225,506                             (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 nine months ended September 30, 2025 and 2024 were as follows (in thousands):Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Interest and investment income$9,484 $9,175 $27,576 $31,078 Other704 3,379 8,014 2,405 Other income, net$10,188 $12,554 $35,590 $33,483 The change in Other was primarily due to foreign currency translation which resulted in a loss of $0.6 million and a gain of $5.9 million in the three and nine months ending September 30, 2025, respectively, compared to a gain of