Loop, what "day to day" royalty or commission would IDCC pay that is worth 10 plus %? I cannot think of anything.
"The reduction in expenses is attributable to day to day royalty. Apparently, IDCC owes contingent fees or commissions for royalty recorded in the income revenue account. Since they are not recording any present day royalty for Q3, it logically follows that the commission costs associated with same have not been incurred."
Thanks,
Bob