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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
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
CURRENT LIABILITIES:    
Current portion of long-term debt 578,752 0
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 0 0
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)
Stockholders' equity before treasury stock 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 0 5,618
Total equity 581,549 730,513
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,770,814 $ 1,900,105