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Fee Income
3 Months Ended
Mar. 31, 2023
Fee Income  
Fee Income

Note 5. Fee Income

 

Fee income represents amounts earned by the Company under various license and other agreements relating to technology developed by the Company.

 

During the first three months of 2023, three licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 39%, 24% and 24% of fee income recognized during such period. During the first three months of 2022, three licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 34%, 30% and 10% of fee income recognized during such period.