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Re: JohnSamuel post# 414045

Sunday, 12/18/2016 5:49:35 PM

Sunday, December 18, 2016 5:49:35 PM

Post# of 432690
JohnSamuel: We don't know the answer to your questions. Based on the following comments from the 3rd qtr 10 Q, it appears that future reported quarterly revenue for some unknown period may be approximately $16.6 million.( subject to an increase when the value of certain patents received under the license are decided.


"We recognized $138.1 million of revenue under this patent license agreement during third quarter 2016, including $121.5 million of past sales. We will recognize future revenue under the agreement on a straight-line basis over its term."

"In second quarter 2016, Huawei made its first payments under the 2015 arbitration awards and related patent license agreement. In third quarter 2016, we recognized past sales of $121.5 million and current patent royalties of $16.6 million under the 2016 Huawei PLA."
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