InterDigital Inc (IDCC)

[Desert dweller]

Ron, from what you have posted it does seem pretty clear that the revenue would be recorded in the quarter when the agreement is signed.

The other thing that your information does is dispel the myth that IDCC only announces contracts "when the money hits the bank".

From your post:
...We recognize revenues related to Consideration for Prior Sales when we have obtained a signed agreement, identified a fixed and determinable price and determined that collectibility is reasonably assured."

What this means to those who don't understand it is that the money does not have to be received for IDCC to recognize the revenue and announce an agreement. The contract just needs to be signed.