XML 29 R12.htm IDEA: XBRL DOCUMENT v3.24.0.1
Revenue Recognition
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
Disaggregated Revenue
The following table presents the disaggregation of our revenue for the year ended December 31, 2023, 2022, and 2021 (in thousands):
For the Year Ended December 31,
 202320222021
Recurring revenues:
Smartphone$347,124 $351,064 $315,098 
CE, IoT/Auto59,858 51,717 31,721 
Other1,410 1,107 4,881 
Total recurring revenues408,392 403,888 351,700 
Catch-up revenues a
141,196 53,906 73,709 
Total revenues$549,588 $457,794 $425,409 
a.    Catch-up revenues are comprised of past patent royalties and revenues from static fixed-fee agreements.
During the year ended December 31, 2023, we recognized $188.9 million of revenue that had been included in deferred revenue as of the beginning of the period. As of December 31, 2023, we had contract assets of $94.6 million included within "Accounts receivable, net" in the consolidated balance sheet. As of December 31, 2022, we had contract assets of $32.9 million and $2.5 million included within "Accounts receivable, net" and "Other non-current assets, net" in the consolidated balance sheet, respectively.
Contracted Revenue
Based on Dynamic Fixed-Fee Agreements as of December 31, 2023, we expect to recognize the following amounts of revenue over the term of such contracts (in thousands):
Revenue (a)
2024$310,236 
2025297,270 
2026227,892 
2027225,294 
2028213,257 
Thereafter259,439 
$1,533,388 
(a) This table includes estimated revenue related to our Samsung arbitration. In accordance with ASC 606, these estimates are limited to the amount of revenue we expect to recognize only to the extent it is probable that a subsequent change in the estimate would not result in a significant revenue reversal.