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Revenue (Tables)

6 Months Ended

Jun. 30, 2025

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):

		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
Recognized over time		$	80,971			$	87,173			$	160,037			$	183,855
Recognized at a point in time			24,962				32,418				59,929				54,580
Total revenue		$	105,933			$	119,591			$	219,966			$	238,435

The following table summarizes revenue by product category (in thousands):

		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
Pay-TV		$	49,937			$	60,752			$	99,801			$	117,558
Consumer Electronics			18,763				17,164				41,561				43,292
Connected Car			25,105				31,423				58,391				55,771
Media Platform			12,128				10,252				20,213				21,814
Total revenue		$	105,933			$	119,591			$	219,966			$	238,435

Schedule of Geographic Revenue Information

The following table summarizes revenue by geographic location (in thousands):

		Three Months Ended June 30,
		2025								2024
		Amount				Percentage of Revenue				Amount				Percentage of Revenue
U.S. and Canada (1)		$	60,389				57	%		$	60,116				50	%
Asia Pacific			31,660				30				36,663				31
Europe, Middle East and Africa			8,119				8				9,467				8
Other			5,765				5				13,345				11
Total revenue		$	105,933				100	%		$	119,591				100	%

		Six Months Ended June 30,
		2025								2024
		Amount				Percentage of Revenue				Amount				Percentage of Revenue
U.S. and Canada (1)		$	110,100				50	%		$	125,227				52	%
Asia Pacific			78,604				36				69,791				29
Europe, Middle East and Africa			18,198				8				22,942				10
Other			13,064				6				20,475				9
Total revenue		$	219,966				100	%		$	238,435				100	%

(1) For the three months ended June 30, 2025 and 2024, the Company recognized $55.8 million of revenue from the U.S., which represented 53% and 47% of total revenue for the respective periods. For the six months ended June 30, 2025 and 2024, revenue from the U.S. was $101.2 million and $115.6 million, or 46% and 48% of total revenue, for the respective periods.

A significant portion of the Company’s revenue is derived from licensees headquartered outside of the U.S., principally in Asia Pacific and Europe, Middle East and Africa. Included within Asia Pacific, Japan, China, and South Korea each contributed a significant amount of revenue, as shown in the following table (in thousands):

		Three Months Ended June 30,
		2025								2024
		Amount				Percentage of Revenue				Amount				Percentage of Revenue
Japan		$	12,773				12	%		$	13,873				11	%
China		$	11,167				11	%		$	3,545				3	%
South Korea		$	6,454				6	%		$	16,653				14	%

		Six Months Ended June 30,
		2025								2024
		Amount				Percentage of Revenue				Amount				Percentage of Revenue
Japan		$	30,562				14	%		$	25,910				11	%
China		$	26,001				12	%		$	16,332				7	%
South Korea		$	19,211				9	%		$	23,599				10	%

No individual country in Europe, Middle East and Africa and other regions accounted for 10% or more of total revenue in all periods presented.

Schedule of Revenue Recognized in Period

The following table presents additional revenue disclosures (in thousands):

		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
Revenue recognized in the period from:
Amounts included in deferred revenue at the beginning of    the period		$	6,575			$	6,336			$	14,614			$	13,602
Performance obligations satisfied in previous periods (true    ups, recoveries, and settlements) (1)		$	2,080			$	353			$	1,295			$	3,362

(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 in reports 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.

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 (remaining 6 months)		$	31,281
2026			36,144
2027			20,002
2028			9,632
2029			4,051
Thereafter			1,181
Total		$	102,291

Schedule of Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses for the three and six months ended June 30, 2025 and 2024 (in thousands):

		Three Months Ended June 30,
		2025								2024
		Accounts Receivable				Unbilled Contracts Receivable				Accounts Receivable				Unbilled Contracts Receivable
Beginning balance		$	1,072			$	450			$	2,868			$	245
Provision for credit losses			27				22				(856	)			103
Recoveries/charge-off			(145	)			(4	)			(858	)			—
Ending balance		$	954			$	468			$	1,154			$	348
		Six Months Ended June 30,
		2025								2024
		Accounts Receivable				Unbilled Contracts Receivable				Accounts Receivable				Unbilled Contracts Receivable
Beginning balance		$	946			$	499			$	1,906			$	190
Provision for credit losses			229				(22	)			(58	)			161
Recoveries/charge-off			(221	)			(9	)			(694	)			(3	)
Ending balance		$	954			$	468			$	1,154			$	348

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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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

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

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-Topic 280
-SubTopic 10
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-Section 50
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Tabular disclosure of expected timing for satisfying remaining performance obligation.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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