Company: IDCC
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001405495-25-000022
Chunk: 16

Company: InterDigital, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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 disclosures of contingent assets and liabilities as of the date of the financial statements, as well as the reported amounts of revenues 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 three months ended March 31, 2025 and 2024 (in thousands):Three Months Ended March 31,Supplemental cash flow information:20252024Income taxes paid, including foreign withholding taxes$10,204 $9,335 Non-cash investing and financing activities:Dividend payable15,577 10,155 Right-of-use assets obtained in exchange of operating lease liabilities— 2,189 Non-cash acquisition of patents13,000 — Accrued capitalized patent costs and property and equipment purchases4,470 (1,358)Unsettled repurchase of common stock411 — 

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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, 2024, with early adoption allowed. We adopted this guidance as of January 1, 2025, and we will include the necessary disclosures in our annual Form 10-K. The disclosures are required on an annual basis so there was no impact to this Form 10-Q.Accounting Standards Update: Induced Conversions of Convertible Debt InstrumentsIn November 2024, the FASB issued ASU No. 2024-04, "Debt—Debt with Conversion and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments". The amendments in the ASU require disclosures for determining whether certain settlements of convertible debt instruments should be accounted for as an induced conversion. AS