InterDigital Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 15, 2024
IDCC$292.52-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
| DECEMBER 31,2023 | DECEMBER 31,2022 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $437,076 | $693,479 |
| Short-term investments | 569,280 | 508,298 |
| Accounts receivable | 117,292 | 53,182 |
| Prepaid and other current assets | 43,976 | 89,716 |
| Total current assets | 1,167,624 | 1,344,675 |
| PROPERTY AND EQUIPMENT, NET | 11,566 | 11,338 |
| PATENTS, NET | 313,001 | 353,999 |
| DEFERRED TAX ASSETS | 128,967 | 94,373 |
| OTHER NON-CURRENT ASSETS, NET | 149,656 | 95,720 |
| Total non-current assets | 603,190 | 555,430 |
| TOTAL ASSETS | $1,770,814 | $1,900,105 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Current portion of long-term debt | $578,752 | $— |
| Accounts payable | 7,846 | 9,997 |
| Accrued compensation and related expenses | 32,665 | 38,400 |
| Deferred revenue | 153,597 | 189,059 |
| Dividend payable | 10,226 | 10,384 |
| Other accrued expenses | 98,042 | 23,506 |
| Total current liabilities | 881,128 | 271,346 |
| LONG-TERM DEBT | 29,019 | 607,066 |
| LONG-TERM DEFERRED REVENUE | 223,866 | 237,580 |
| OTHER LONG-TERM LIABILITIES | 55,252 | 53,600 |
| TOTAL LIABILITIES | 1,189,265 | 1,169,592 |
| COMMITMENTS AND CONTINGENCIES | ||
| SHAREHOLDERS’ EQUITY: | ||
| Preferred stock, $0.10 par value, 14,399 shares authorized, 0 shares issued and outstanding | — | — |
| Common stock, $0.01 par value, 100,000 shares authorized, 69,507 and 71,923 shares issued and 25,580 and 29,668 shares outstanding | 694 | 719 |
| Additional paid-in capital | 742,981 | 717,102 |
| Retained earnings | 1,462,070 | 1,492,046 |
| Accumulated other comprehensive loss | (647) | (916) |
| 2,205,098 | 2,208,951 | |
| Treasury stock, 43,927 and 42,255 shares of common held at cost | 1,623,549 | 1,484,056 |
| Total InterDigital, Inc. shareholders’ equity | 581,549 | 724,895 |
| Noncontrolling interest | — | 5,618 |
| Total equity | 581,549 | 730,513 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $1,770,814 | $1,900,105 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.