InterDigital Inc (IDCC)

[olddog967]

orientbull: That statement does not say IDCC "has around 2billion cash at end of 2016".

The statement was that IDCC had "952.8 million of cash and short-term investment" and up to an additional $1.1 billion of payments due under signed agreements""

The up to $1.1 billion referred to is not cash. As further stated $228.5 million of that amount is recorded in accounts receivable that is due within twelve months. The remaining balance of $871.5 million should be recorded in Deferred Revenue, but I could not account for it there. Apparently the "up to" refers to the various terms and conditions of the licenses that may or may not happen in the fure and therefore affect the amount of cash that will be received.