InterDigital Inc (IDCC)

[Corp_Buyer]

.."in order to meet goals, they may more easily give up on conditions that would have benefitted IDCC" - yes, and the deferred revenues account demonstrates the degree to which this management has sucked in cash, in advance of revenues, at an obviously compelling discount to the licensee i.e. who knows what cost to shareholders, to make cash flow targets for bonus purposes.

And, to add insult to injury to shareholders, much of this greatly discounted accelerated cash flow is used to buy back stock i.e. fund repurchase of excessive ISO grants, rather than pay dividends.

MO,
Corp_Buyer