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Revenue (Tables) | 12 Months Ended
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Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Revenue by Product Category and Timing of Recognition | The following table summarizes revenue by timing of recognition (in thousands):
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Recognized over time |  | $ | 410,865 |  |  | $ | 401,668 |  |  | $ | 412,334 |
Recognized at a point in time |  |  | 110,469 |  |  |  | 100,592 |  |  |  | 74,149 |
Total revenue |  | $ | 521,334 |  |  | $ | 502,260 |  |  | $ | 486,483 |
The following table summarizes revenue by product category (in thousands):
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Pay-TV |  | $ | 244,708 |  |  | $ | 249,457 |  |  | $ | 262,929 |
Consumer Electronics |  |  | 132,355 |  |  |  | 128,395 |  |  |  | 99,529 |
Connected Car |  |  | 94,864 |  |  |  | 84,201 |  |  |  | 88,306 |
Media Platform |  |  | 49,407 |  |  |  | 40,207 |  |  |  | 35,719 |
Total revenue |  | $ | 521,334 |  |  | $ | 502,260 |  |  | $ | 486,483 |
Schedule of Geographic Revenue Information | The following table presents the Company’s revenue disaggregated by geographic area (in thousands):
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
U.S. |  | $ | 267,998 |  |  |  | 51 | % |  | $ | 278,920 |  |  |  | 56 | % |  | $ | 249,537 |  |  |  | 51 | %
Japan |  |  | 83,138 |  |  |  | 16 |  |  |  | 65,551 |  |  |  | 13 |  |  |  | 70,956 |  |  |  | 15 |
Europe and Middle East |  |  | 41,113 |  |  |  | 8 |  |  |  | 42,846 |  |  |  | 9 |  |  |  | 56,317 |  |  |  | 12 |
China |  |  | 35,809 |  |  |  | 7 |  |  |  | 30,932 |  |  |  | 6 |  |  |  | 18,027 |  |  |  | 4 |
Latin America |  |  | 31,863 |  |  |  | 6 |  |  |  | 27,212 |  |  |  | 5 |  |  |  | 22,894 |  |  |  | 4 |
Other |  |  | 61,413 |  |  |  | 12 |  |  |  | 56,799 |  |  |  | 11 |  |  |  | 68,752 |  |  |  | 14 |
Total revenue |  | $ | 521,334 |  |  |  | 100 | % |  | $ | 502,260 |  |  |  | 100 | % |  | $ | 486,483 |  |  |  | 100 | %
Schedule of Revenue Recognized in Period | The following table presents additional revenue disclosures (in thousands):
|  | Years Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Revenue recognized in the period from: |  |  |  |  |  |  |  |  |
Amounts included in deferred revenue at the beginning of the period (1) |  | $ | 20,620 |  |  | $ | 24,307 |  |  | $ | 23,863 |
Performance obligations satisfied in previous periods (true ups, recoveries, and settlements) (2)(3) |  | $ | 11,863 |  |  | $ | 30,561 |  |  | $ | 8,772 |
(1) The Company has identified an error in the disclosure of the amount of revenue recognized from the beginning balance of deferred revenue for the year ended December 31, 2022 in this Form 10-K filing. The amount for the year ended December 31, 2022 was revised to correct an immaterial error, which resulted in the disclosure of the amount recognized increasing by $4.6 million from the amount previously disclosed. There was no impact on any amounts recorded in the Company’s consolidated financial statements for any period presented. (2) True ups represent the differences between the Company’s quarterly estimates of per-unit royalty revenue and actual production/sales-based royalties reported by licensees in the following period. Recoveries represent corrections or revisions to previously reported per-unit royalties by licensees, generally resulting from the Company’s inquiries or compliance audits. Settlements represent resolutions of litigation or disputes during the period for past royalties owed. (3) For the year ended December 31, 2022, the Company recorded revenue from both the settlement of a contract dispute with a large mobile imaging customer, and the execution of a long-term license agreement with the same large mobile imaging customer. The long-term license agreement was effective as of the expiration of the prior agreement, and the Company expected to record revenue from the license agreement in future periods.
Schedule of Remaining Performance Obligations | Company’s estimated remaining revenue under contracts with performance obligations was as follows (in thousands):
Year Ending December 31: |  | Amounts |
2024 |  | $ | 46,763 |
2025 |  |  | 19,127 |
2026 |  |  | 6,375 |
2027 |  |  | 2,292 |
2028 |  |  | 1,031 |
Thereafter |  |  | 1,203 |
Total |  | $ | 76,791 |
Schedule of Allowance for Credit Losses | The following table presents the activity in the allowance for credit losses for the years ended December 31, 2023, 2022 and 2021 (in thousands):
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | Accounts Receivable |  |  | Unbilled Contracts Receivable |  |  | Accounts Receivable |  |  | Unbilled Contracts Receivable |  |  | Accounts Receivable |  |  | Unbilled Contracts Receivable |
Beginning balance |  | $ | 1,950 |  |  | $ | 369 |  |  | $ | 2,255 |  |  | $ | 468 |  |  | $ | 6,454 |  |  | $ | 1,414 |
Provision for credit losses |  |  | 497 |  |  |  | 52 |  |  |  | 799 |  |  |  | (99 | ) |  |  | 714 |  |  |  | 38 |
Recoveries/charge-off |  |  | (541 | ) |  |  | (231 | ) |  |  | (1,104 | ) |  |  | — |  |  |  | (4,913 | ) |  |  | (984 | )
Balance at end of period |  | $ | 1,906 |  |  | $ | 190 |  |  | $ | 1,950 |  |  | $ | 369 |  |  | $ | 2,255 |  |  | $ | 468 |

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