XpresSpa Group Inc (XSPA)

[copperslash]

'Back of the napkin' answer to "how much did the 'NDA Disclosure' hurt VRNG" question...

It weakened VRNG's negotiating position some % in all companies that are not already licensing this IP from Nokia such as ZTE*, Huawei, LG.

Ballpark of 50 million handset sales per quarter

Let's say VRNG claims $.50 per handset was lost to disclosure. This is $25 million per quarter through life of IP.

Note that handset sales are increasing and the companies not currently licensing are also increasing market share.

$300-350 million

* obviously ZTE already had the terms since they were the party that disclosed them