InterDigital Inc (IDCC)

[sonic22]

Olddog,

I am hoping they will disclose the amount of payment. As you mentioned they may not however not sure what they can't once the payment hits. I believe with the Intel arbitration they reported it and I think the Amira arbitration they did as well. If they payment comes in on Friday it will be a debit to cash and credit to deferred revenue. At that point there is no reason they can't issue an 8-k with payment otherwise we will have to wait until August and the 10-K to see what the payment was.

I am also hoping they are working on settling all issues with Huawei as in the past IDCC usually releases guidance around the end of May. They hinted on the last CC that Q2 due to seasonality won't be as good on the per unit royalties so I am optimistically thinking they want to finalize Huawei so they can incorporate the revenue into Q2 guidance. I understand they may not be the case but this will be frustrating to have deferred revenue buildup for another year while Huawei still plays around in the courts.