IDCC’s Licensing Revenues by years and licensees
Detail re IDCC’s licensing revenues by year and by licensee from 1991 through the second quarter of 2005 as follows:
The following licensing/royalty revenues is based on info from the 10Q's and 10k's. The earliest I could get back to was 1991.
1991 = 0
1992 = $3m (possibly GM Hughes)
1993 = 0
1994:
Matsushita = $20m
Qualcomm = $5.5m
AT&T = $2.4m
Others = $0.6m
Total 1994 = $28.5m
1995:
NEC = $27m
Mitsubishi = $20m
Siemens = $13.6m in 1995 from a total $20m contract
Hitachi/Kokysai = $3.5m
Sanyo = $2.8m
PCSI = $0.8m
Total 1995 = $67.7m
1996:
Samsung = $23m in 1996 from a total contract of $35m
Siemens = $ 4.8m
One unspecified licensee = $0.9m
Total 1996 = $28.7m
1997:
Samsung = $3m
Siemens = $1.5m
Others Recurring Royalty = $1.5m
Total 1997 = $6m
1998:
Kyocera = $27m
Denso = $20m
Toshiba = $15m
Sharp = $6m
Alcatel = $5m
Siemens = $3m
Sanyo and Hitachi/Kokysai = $15m (can not break out this total between the licensees)
Others Recurring Royalty = $1m
Total 1998 = $92m
1999:
Nokia Paid-up P1 royalty = $31.5m
Nokia engineering services =$14m
Robert Bosch = $7.9m
Japan Radio and Shintom = $3.4m
Others Recurring Royalty = $9.5m (mostly Sharp)
Total 1999 = $66.3m
2000:
Nokia engineering services = $17.2m
Sharp Recurring Royalty = $18m
Others Recurring Royalty = $16.2m (Note: accounting change in 2000 that converted previous nonrefundable upfront advances into recurring royalty streams based upon earned amounts each accounting period)
Total 2000 = $51.4m
2001:
Nokia engineering services = $21.8m
Sharp Recurring Royalty = $16m
Others Recurring Royalty = $14.8m
Total 2001 = $52.6m
2002:
Total Revenues $87.9m
Denso discontinued standards $9.7m
Kyocera discontinued standards $6.9m
NEC pre-2002 infrastructure $7.8m
Nokia engineering services $4.5m
Recurring Royalty Revenues = $59.0m
NEC 2002 recurring $22.5m ($12.4m 2G settlement and $10.1m 3G recurring)
Sharp recurring $26.2m ($23.5m PDC and $2.7m GSM/3G)
Samsung arbitration $0.5m
Others Recurring Royalty $9.8m
Total 2002 = $87.9m
2003:
Total Revenues and Other Income $125.2m
Sony Ericy past years’ settlement $20.3m
Ericy past years’ settlement $10.6m ($14m - $3.4m expected insurance reimbursement )
Other past year true-ups $0.3m
Nokia engineering services $1.0m
Recurring Royalty Revenues = $93.0m
NEC recurring $33.4m ($13m 2G settlement and $20.4m 3G)
Sharp recurring $28.5m ($19.5m PDC and $9.0m GSM/3G)
Sony Ericy recurring $13.0m
Ericy fixed recurring $6.0m
Others Recurring Royalty $12.1m (includes HTC, RIM, Sanyo, Sierra, etc)
Total 2003 = $125.2m
2004:
Total Revenues $103.7m (Note only includes 3 Quarters of recurring per unit royalties)
Past years true-up on new licensees $1.4m
Licensee discontinued standards $0.4m
General Dynamics $0.1m
Recurring Royalty Revenues = $101.8m
NEC recurring $44.3m ($13m 2G settlement and $31.3m 3G)
Sharp recurring $25.1m ($12.1m PDC and $13.0m GSM/3G)
Sony Ericy recurring $12.7m
Ericy fixed recurring $6.0m
Sanyo fixed PDC/CDMA2000 $3.3m ($1.1m per quarter x 3 quarters in 2004)
Others Recurring Royalty $10.4m (includes HTC, RIM, Sierra, Sanyo for GSM/WCDMA, Toshiba, Option, Danger, etc)
Total 2004 = $103.7m
2005 First Quarter:
Total Quarterly Revenues = $35.5m
General Dynamics $4.7m
Recurring Royalty = $30.8m
NEC (32%) $11.4m ($3.3m fixed 2G per quarter and $8.1m 3G)
Sharp (27%) $9.6m
Sony Ericy (12%) $4.3m
Ericy fixed recurring $1.5m per quarter
Sanyo fixed PDC/CDMA2000 $1.1m per quarter
Others Recurring Royalty $2.9m
Total 2005 first quarter = $35.5m
2005 Second Quarter:
Total Quarterly Revenues = $38.6m
General Dynamics $5.5m
Recurring Royalty = $33.1m
NEC (36%) $13.9m ($3.3m fixed 2G per quarter and $10.6m 3G)
Sharp (20%) $7.7m
Sony Ericy (estimated) $3.1m (10% of total revenues for first six months less first quarter)
Ericy fixed recurring $1.5m per quarter
Sanyo fixed PDC/CDMA2000 $1.1m per quarter
Late royalty report from 1st qtr $1.1m
Others Recurring Royalty $4.7m
Total 2005 second quarter = $38.6m