Blue- "improve its balance sheet" - I enjoy your posts and your information, but I respectfully disagree with justifying excessive stock options to "improve [the] balance sheet".
The ultimate cost to shareholders from DILUTION is much more valuable than any cashflow benefit from exercised incentive stock options. Also, do you think IDCC needs more cash?
Please read my prior posts on this subject and try the math youself. There is a lot of SHAREHOLDER money at stake here. Further, more dilution is NOT needed nor prudent at this time, IMO: