IDCC's quarterly fixed-fee royalties 2009 - 6/30/2010 by Quarter and Licensee
The First Quarter 2009 Total fixed-fee of $42.1m is composed of the following licensees:
Samsung ..$21.4m partial quarter
LG .........$14.3m per quarter
Kyocera...$2.5m per quarter
Apple......$2.1m per quarter
Lucent...$700,000 per quarter
Unidentified licensee $1.1m
Total Fixed Fee 1st $42.1m
The unidentified licensee is due to an unidentified per-unit licensee who switched to combination fixed–fee and per-unit license during the third quarter 2008. The unidentified amount was $1.1m in the first quarter, but $1.4m for the remaining quarters in 2009.
The Second Quarter 2009 Total fixed-fee of $46.7m is composed of the following licensees:
Samsung ..$25.7m per quarter
LG .........$14.3m per quarter
Kyocera...$2.5m per quarter
Apple......$2.1m per quarter
Lucent...$700,000 per quarter
Unidentified Licensee $1.4m
Total Fixed Fee 2nd $46.7m
The Third Quarter 2009 total fixed-fee of $44.8m is composed of the following licensees:
Samsung ..$25.7m per quarter
LG .........$14.3m per quarter
Kyocera......$0
Apple......$2.1m per quarter
Lucent...$700,000 per quarter
Pantech...$600,000 partial quarter
Unidentified Licensee $1.4m
Total Fixed Fee 3rd $44.8m
IDCC's total fixed-fee royalties from the third quarter 10Q decreased to $44.8m from second quarter's $46.7m. Kyocera's fixed-fee license expired on June 30, 2009 at the end of the second quarter. Therefore, the almost $2m decrease in fixed-fee is due to the drop-off of Kyocera's $2.5m per quarter, and the addition of an estimated 9 days of Pantech's new fixed-fee license signed on Sept. 21. Pantech's fixed royalty revenue for a full quarter will be almost $4m as Scott stated in the CC, or probably $3.86m to be a little more precise. (The total fixed amount assigned to the contract was $112m divided by 29 full Quarters = $3.86m per full quarter).
The Fourth Quarter 2009 total fixed-fee of $48.1m is composed of the following licensees:
Samsung ...$25.7m per quarter
LG .........$14.3m per quarter
Kyocera......0
Apple......$2.1m per quarter
Pantech....$3.9m for a full quarter
Lucent...$700,000 per quarter
Unidentified Licensee $1.4m
Total Fixed Fee 4th $48.1m
Grand Total Fixed Fees for 2009 = $181.7m
The First Quarter 2010 total fixed-fee of $48.1m is composed of the following licensees:
Samsung ...$25.7m per quarter
LG .........$14.3m per quarter
Kyocera......0
Apple......$2.1m per quarter
Pantech....$3.9m for a full quarter
Lucent...$700,000 per quarter
Unidentified Licensee $1.4m
Total Fixed Fee 1st 2010 $48.1m
The Second Quarter 2010 total fixed-fee of $48.6m is composed of the following licensees:
Samsung ...$25.7m per quarter
LG .........$14.3m per quarter
Kyocera......0 (renewed in second quarter, but as a per-unit license)
Apple......$2.1m per quarter
Pantech....$3.9m for a full quarter
Lucent...$700,000 per quarter
Unidentified Licensee $1.4m
Unidentified Increase over previous two quarters $ .5m
Total Fixed Fee 2nd 2010 $48.6m
