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Fee Income	9 Months Ended
Sep. 30, 2025
Fee Income
Fee Income	Note 6. 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 nine months of 2025, five licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 23%, 22%, 21%, 18% and 11% of fee income recognized during such period. During the first nine months of 2024, four licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 32%, 31%, 10% and 10% of fee income recognized during such period. During the three months ended September 30, 2025, two licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 61% and 27% of fee income recognized during such period. During the three months ended September 30, 2024, two licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 35% and 33% of fee income recognized during such period. During the quarter ended September 30, 2025, the Company was notified that one two of its significant European licensees and an affiliate had filed for bankruptcy. These licensees accounted for approximately 44% and 0% of the Company’s revenue during the nine and three months ended September 30, 2025, respectively. No revenue was recognized from these licensees during the three and nine months ended September 30, 2024. There is no outstanding accounts receivable from these licensees as of September 30, 2025.

Fee Income

9 Months Ended

Sep. 30, 2025

Note 6. 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 nine months of 2025, five licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 23%, 22%, 21%, 18% and 11% of fee income recognized during such period. During the first nine months of 2024, four licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 32%, 31%, 10% and 10% of fee income recognized during such period.

During the three months ended September 30, 2025, two licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 61% and 27% of fee income recognized during such period. During the three months ended September 30, 2024, two licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 35% and 33% of fee income recognized during such period.

During the quarter ended September 30, 2025, the Company was notified that one two of its significant European licensees and an affiliate had filed for bankruptcy. These licensees accounted for approximately 44% and 0% of the Company’s revenue during the nine and three months ended September 30, 2025, respectively. No revenue was recognized from these licensees during the three and nine months ended September 30, 2024. There is no outstanding accounts receivable from these licensees as of September 30, 2025.