Revenue (Tables)

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

The following table presents the disaggregation of our revenue for the three months ended March 31, 2025 and 2024 (in thousands):


	Three Months Ended March 31,
	2025		2024		Increase/(Decrease)

Smartphone	$	183,991	$	80,280	$	103,711	129	%
CE, IoT/Auto	26,267		182,543		(156,276)		(86)	%
Other	249		719		(470)		(65)	%
Total Revenues	$	210,507	$	263,542	$	(53,035)	(20)	%

Catch-up revenues (a), included above	$	84,785	$	166,678	$	(81,893)	(49)	%

(a) Catch-up revenues represent revenue associated with reporting periods prior to the execution of the license agreement.

Schedule of contracted revenue

Based on contracts signed and committed as of March 31, 2025, we expect to recognize the following revenue from dynamic fixed-fee royalty payments over the term of such contracts (in thousands):


	Revenue (a)
Remainder of 2025	$	341,744
2026	362,495
2027	350,978
2028	259,821
2029	206,185
Thereafter	179,697
Total Revenue	$	1,700,920

(a) This table includes estimated revenue related to our Samsung and Lenovo arbitrations. In accordance with ASC 606, these estimates are limited to the amount of revenue we expect to recognize only to the extent we believe it is probable that a subsequent change in the estimate would not result in a significant revenue reversal.