Replies to post #415590 on InterDigital Inc (IDCC)

[FISH21049]

loophole: you said

After all, they could go back and amend previous filings upon receipt of this stream or it should be counted as recurring under the business model.

If you are talking about amending filings for previous year(s), or even previous quarters, that would be too cumbersome and confusing.

Rather, a footnote in the current period describing the 'one-time adjustment(s) showing specific amounts would suffice.

That would require perhaps 3 'INCOME' accounts:
1. For prior fiscal years income received
2. Current fiscal year prior quarters received
3. Current quarter's quarter.

The footnote(s) might state the gross revenue for that 'account', the applicable 'taxes' on that amount, and perhaps the period of time that amount covers.

I believe they already put it into this format for financial purposes, but perhaps need to expany on the pre and post tax effect of the item(s).

The more clarity they provide, the better off it will be for anyone to understand what is going on.

JMO