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Revenue (Tables) | 12 Months Ended
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Dec. 31, 2024
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, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Recognized over time |  | $ | 362,713 |  |  | $ | 410,865 |  |  | $ | 401,668 |
Recognized at a point in time |  |  | 130,975 |  |  |  | 110,469 |  |  |  | 100,592 |
Total revenue |  | $ | 493,688 |  |  | $ | 521,334 |  |  | $ | 502,260 |
The following table summarizes revenue by product category (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Pay-TV |  | $ | 259,712 |  |  | $ | 244,708 |  |  | $ | 249,457 |
Consumer Electronics |  |  | 81,993 |  |  |  | 132,355 |  |  |  | 128,395 |
Connected Car |  |  | 111,144 |  |  |  | 94,864 |  |  |  | 84,201 |
Media Platform |  |  | 40,839 |  |  |  | 49,407 |  |  |  | 40,207 |
Total revenue |  | $ | 493,688 |  |  | $ | 521,334 |  |  | $ | 502,260 |
Schedule of Geographic Revenue Information | The following table summarizes revenue by geographic location (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
U.S. |  | $ | 237,829 |  |  |  | 48 | % |  | $ | 267,998 |  |  |  | 51 | % |  | $ | 278,920 |  |  |  | 56 | %
Japan |  |  | 80,773 |  |  |  | 16 |  |  |  | 83,138 |  |  |  | 16 |  |  |  | 65,551 |  |  |  | 13 |
Europe and Middle East |  |  | 46,442 |  |  |  | 9 |  |  |  | 41,113 |  |  |  | 8 |  |  |  | 42,846 |  |  |  | 9 |
Latin America |  |  | 38,772 |  |  |  | 8 |  |  |  | 31,863 |  |  |  | 6 |  |  |  | 27,212 |  |  |  | 5 |
South Korea |  |  | 36,926 |  |  |  | 8 |  |  |  | 27,099 |  |  |  | 5 |  |  |  | 27,870 |  |  |  | 5 |
China |  |  | 24,824 |  |  |  | 5 |  |  |  | 35,809 |  |  |  | 7 |  |  |  | 30,932 |  |  |  | 6 |
Other |  |  | 28,122 |  |  |  | 6 |  |  |  | 34,314 |  |  |  | 7 |  |  |  | 28,929 |  |  |  | 6 |
Total revenue |  | $ | 493,688 |  |  |  | 100 | % |  | $ | 521,334 |  |  |  | 100 | % |  | $ | 502,260 |  |  |  | 100 | %
Schedule of Revenue Recognized in Period | The following table presents additional revenue disclosures (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Revenue recognized in the period from: |  |  |  |  |  |  |  |  |
Amounts included in deferred revenue at the beginning of the period |  | $ | 25,202 |  |  | $ | 20,620 |  |  | $ | 24,307 |
Performance obligations satisfied in previous periods (true ups, recoveries, and settlements) (1)(2) |  | $ | 9,999 |  |  | $ | 11,863 |  |  | $ | 30,561 |
(1) 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 that are generally received in the following period, and may include other changes in estimates. 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 disputes or litigation during the period for past royalties owed. (2) 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 remaining performance obligations and the period over which they are expected to be recognized were as follows (in thousands):
Year Ending December 31: |  | Amounts |
2025 |  | $ | 57,544 |
2026 |  |  | 30,564 |
2027 |  |  | 16,308 |
2028 |  |  | 7,139 |
2029 |  |  | 2,077 |
Thereafter |  |  | 144 |
Total |  | $ | 113,776 |
Schedule of Allowance for Credit Losses | The following table presents the activity in the allowance for credit losses for the years ended December 31, 2024, 2023 and 2022 (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | Accounts Receivable |  |  | Unbilled Contracts Receivable |  |  | Accounts Receivable |  |  | Unbilled Contracts Receivable |  |  | Accounts Receivable |  |  | Unbilled Contracts Receivable |
Beginning balance |  | $ | 1,906 |  |  | $ | 190 |  |  | $ | 1,950 |  |  | $ | 369 |  |  | $ | 2,255 |  |  | $ | 468 |
Provision for credit losses |  |  | (172 | ) |  |  | 308 |  |  |  | 497 |  |  |  | 52 |  |  |  | 799 |  |  |  | (99 | )
Recoveries/charge-off |  |  | (788 | ) |  |  | 1 |  |  |  | (541 | ) |  |  | (231 | ) |  |  | (1,104 | ) |  |  | — |
Balance at end of period |  | $ | 946 |  |  | $ | 499 |  |  | $ | 1,906 |  |  | $ | 190 |  |  | $ | 1,950 |  |  | $ | 369 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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