Adeia Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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FY2024 · Filed Feb 19, 2025
ADEA$16.28+5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share amounts)
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $376,024 | $388,788 | $438,933 |
| Operating expenses: | |||
| Research and development | 59,598 | 54,264 | 44,579 |
| Selling, general and administrative | 103,443 | 95,226 | 135,630 |
| Amortization expense | 70,721 | 93,735 | 97,077 |
| Litigation expense | 13,653 | 9,333 | 8,587 |
| Total operating expenses | 247,415 | 252,558 | 285,873 |
| Operating income from continuing operations | 128,609 | 136,230 | 153,060 |
| Interest expense | (52,539) | (62,574) | (45,335) |
| Other income and expense, net | 5,570 | 6,320 | 2,047 |
| Loss on debt extinguishment | (453) | — | — |
| Income from continuing operations before income taxes | 81,187 | 79,976 | 109,772 |
| Provision for (benefit from) income taxes | 16,564 | 12,604 | (28,620) |
| Net income from continuing operations | 64,623 | 67,372 | 138,392 |
| Net loss from discontinued operations, net of tax | — | — | (436,978) |
| Net income (loss) | 64,623 | 67,372 | (298,586) |
| Less: Net loss attributable to non-controlling interest in discontinued operations | — | — | (2,706) |
| Net income (loss) attributable to the Company | $64,623 | $67,372 | $(295,880) |
| Income (loss) per share: | |||
| Basic | |||
| Continuing operations | $0.59 | $0.63 | $1.33 |
| Discontinued operations | — | — | (4.16) |
| Net income (loss) | $0.59 | $0.63 | $(2.83) |
| Diluted | |||
| Continuing operations | $0.57 | $0.60 | $1.29 |
| Discontinued operations | — | — | (4.04) |
| Net income (loss) | $0.57 | $0.60 | $(2.75) |
| Weighted average number of shares used in per share calculations-basic | 108,647 | 106,554 | 104,336 |
| Weighted average number of shares used in per share calculations-diluted | 113,061 | 112,849 | 107,580 |
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