Company: IDCC
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001405495-25-000022
Chunk: 55

Company: InterDigital, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 8
Chunk 55
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870 U.S. government securities (c)— 230,561 — 230,561 Corporate bonds, asset backed and other securities (d)— 137,219 — 137,219   Total$535,745 $446,650 $— $982,395 ______________________________(a)Primarily included within cash and cash equivalents.(b)As of March 31, 2025 and December 31, 2024, $23.1 million and $4.1 million of commercial paper was included within cash and cash equivalents, respectively.(c)As of March 31, 2025, $5.1 million of U.S. government securities was included within cash and cash equivalents.(d)As of March 31, 2025 and December 31, 2024, $10.4 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-Term DebtConvertible NotesThe principal amount, carrying value and related estimated fair value of the Company's Convertible Notes reported as of March 31, 2025 and December 31, 2024 was as follows (in thousands). The aggregate fair value of the principal amount of the Convertible Notes is a Level 2 fair value measurement.March 31, 2025December 31, 2024Principal AmountCarryingValueFair ValuePrincipal AmountCarryingValueFair Value2027 Senior Convertible Long-Term Debt$460,000 $455,241 $1,236,963 $460,000 $454,739 $1,166,155 

11

Technicolor Patent Acquisition Long-term DebtThe carrying value and related estimated fair value of the Technicolor Patent Acquisition long-term debt reported as of March 31, 2025 and December 31, 2024 was as follows (in thousands). The aggregate fair value of the Technicolor Patent Acquisition long-term debt is a Level 3 fair value measurement.March 31, 2025December 31, 2024CarryingValueFair ValueCarryingValueFair ValueTechnicolor Patent Acquisition Long-Term Debt$16,015 $16,067 $17,033 $17,102 

4.    OTHER ASSETS AND LIABILITIES

The amounts included in "Prepaid and other current assets" in the condensed consolidated balance sheet as of