InterDigital Announces Second Quarter 2008 Financial Results

CONDENSED BALANCE SHEET
(Dollars in thousands)

(unaudited)

June 30,

2008

December 31,

2007

Assets

Cash & short-term investments $ 238,195 $ 177,467
Accounts receivable 35,715 130,880
Current deferred tax assets 43,734 43,734
Other current assets 12,416 19,332
Property & equipment and Patents (net) 118,279 111,686
Long-term deferred tax assets and non-current assets

50,668

51,786
TOTAL ASSETS $ 499,007 $ 534,885

Liabilities and Shareholders Equity

Current portion of long-term debt $ 274 $ 1,311
Accounts payable & accrued liabilities 46,728 76,974
Current deferred revenue 81,585 78,899
Long-term deferred revenue 245,698 224,545
Long-term debt & long-term liabilities 9,038 6,089
TOTAL LIABILITIES 383,323 397,818
SHAREHOLDERS' EQUITY 115,684 137,067
TOTAL LIABILITIES & SHAREHOLDERS EQUITY $ 499,007 $ 534,885

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