Company: IDCC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001405495-25-000063
Chunk: 14

Company: InterDigital, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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 thereto contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (our “2024 Form 10-K”) as filed with the Securities and Exchange Commission (“SEC”) on February 6, 2025. Definitions of capitalized terms not defined herein appear within our 2024 Form 10-K. The results of operations for interim periods are not necessarily indicative of the results to be expected for the entire year. We have one reportable segment.The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the financial statements, as well as the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates.Change in Accounting Policies There have been no material changes or updates to our existing accounting policies from the disclosures included in our 2024 Form 10-K, except as indicated below in "New Accounting Guidance".Reclassifications Certain reclassifications have been made to prior year amounts to conform to the current year presentation.Supplemental Cash Flow InformationThe following table presents additional supplemental cash flow information for the nine months ended September 30, 2025 and 2024 (in thousands):Nine Months Ended September 30,Supplemental cash flow information:20252024Interest paid$8,050 $9,311 Income taxes paid, including foreign withholding taxes92,711 37,269 Non-cash investing and financing activities:Non-cash acquisition of patents19,319 — Dividend payable18,041 11,366 Accrued capitalized patent costs and property and equipment purchases5,499 (2,261)Right-of-use assets obtained in exchange of operating lease liabilities880 2,023 Settlement of the 2027 and 2024 Hedge Transactions40 37,120 

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New Accounting Guidance  Accounting Standards Update: Improvements to Income Tax DisclosuresIn December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Updates ("ASU") No. 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. The amendments in the ASU enhance income tax disclosures, primarily through standardization, disaggregation of rate reconciliation categories, and income taxes paid by jurisdiction. ASU 2023-09 is effective for fiscal years beginning after December 15, 202