Company: IDCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001405495-25-000051
Chunk: 27

Company: InterDigital, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 as contractual terms, maturity and, in certain instances, timing and amount of future cash flows, as well as assumptions related to liquidity and credit valuation adjustments of marketplace participants.Our assessment of the significance of a particular input to the fair value measurement requires judgment and may affect the valuation of financial assets and financial liabilities and their placement within the fair value hierarchy. We use quoted market prices for similar assets to estimate the fair value of our Level 2 investments.  

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Recurring Fair Value MeasurementsOur financial assets are generally included within short-term investments on our condensed consolidated balance sheets, unless otherwise indicated. Our financial assets and liabilities that are accounted for at fair value on a recurring basis are presented in the tables below as of June 30, 2025 and December 31, 2024 (in thousands): Fair Value as of June 30, 2025 Level 1Level 2Level 3TotalAssets:    Money market and demand accounts (a)$527,341 $— $— $527,341 Commercial paper (b)— 73,055 — 73,055 U.S. government securities— 217,899 — 217,899 Corporate bonds, asset backed and other securities (c)— 129,164 — 129,164   Total$527,341 $420,118 $— $947,459  Fair Value as of December 31, 2024 Level 1Level 2Level 3TotalAssets:    Money market and demand accounts (a)$535,745 $— $— $535,745 Commercial paper (b)— 78,870 — 78,870 U.S. government securities— 230,561 — 230,561 Corporate bonds, asset backed and other securities (c)— 137,219 — 137,219   Total$535,745 $446,650 $— $982,395 ______________________________(a)Primarily included within cash and cash equivalents.(b)As of December 31, 2024, $4.1 million of commercial paper was included within cash and cash equivalents, respectively.(c)As of June 30, 2025 and December 31, 2024, $1.0 million and $11.7 million of corporate bonds, asset backed and other securities was included within cash and cash equivalents, respectively.Fair Value of Long