InterDigital, Inc. Form 8-K/A Summary
Business Context and Reporting Period
This filing is Amendment No. 2 to a Current Report on Form 8-K, dated August 7, 2008, reporting on events as of August 6, 2008. The amendment was filed solely to correct typographical errors in the Pro Forma Summary Consolidated Statement of Operations and Summary Cash Flow table contained in Exhibit 99.1 of the original filing. The underlying financial results relate to the fiscal quarter ended June 30, 2008.
Key Financial Metrics and Corrections
The filing does not provide new financial data for the current period but corrects historical comparative figures for the periods ended June 30, 2007. The corrected values are as follows:
- Three Months Ended June 30, 2007: Actual Revenues and Pro Forma Revenues corrected to $55,006 (in thousands).
- Three Months Ended June 30, 2007: Actual Arbitration Award corrected to $16,612 (in thousands).
- Six Months Ended June 30, 2007: Actual Revenues corrected to $122,824 (in thousands).
- Six Months Ended June 30, 2007: Actual Net (Loss) Income Applicable to Common Shareholders corrected to $13,263 (in thousands).
- Summary Cash Flow Table: Line item description corrected from "shared based compensation" to "share-based compensation."
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the fiscal quarter ended June 30, 2008, other than referencing the attached press release (Exhibit 99.1).
Material Changes and Outlook
This document contains no material changes to the company's financial condition or operations compared to the prior period, as it is strictly an amendment to correct typographical errors in previously reported historical data. No guidance, outlook, management commentary, risks, or contingencies are disclosed within the text of this amendment.
Investor Verification Checklist
- Verify the corrected historical figures for the three and six months ended June 30, 2007, against the original Form 8-K filed on August 7, 2008.
- Review Exhibit 99.1 (the press release dated August 6, 2008) for the actual financial results of the quarter ended June 30, 2008, as this summary does not contain those specific numbers.
- Confirm that the corrected "share-based compensation" line item in the cash flow table aligns with the company's standard accounting disclosures.