It because no new deals have been signed. Maybe they were planning on announcing something after hours given the lag between earnings release and CC. Hoping for some good news. What they have accomplished since they announced no sale will be critical to Merritt's job. A BS CC with no real updates is unacceptable at this point. Nothing like that joke of a last CC.
A 4g agreement..a small step in right direction. If IDCC can execute on half of what they say this stock will appreciate nicely from here. Looking forward to CC. Will re-evaluate afterwards. I think any selloff will be muted at these levels.
Intellectual property enforcement and non-patent litigation increased $5.2 million primarily due to costs associated with the recently filed ITC action. Personnel-related costs grew $1.9 million primarily due to increased personnel levels within our patents, licensing and advanced research groups. Costs associated with our strategic alternatives evaluation process contributed $1.5 million to the operating expense increase. The increase in long-term compensation was due to a third quarter 2011 charge of $0.9 million to adjust the accrual rate for the incentive period under our LTCP covering January 1, 2009 through December 31, 2011. These increases were partially offset by a decrease of $2.0 million in sublicense fees, due to technology solutions agreements that concluded during 2010. The $0.7 million decrease in commission expense was primarily driven by the decline in revenue in third quarter 2011. Patent Administration and Licensing Expense: The increase in patent administration and licensing expense primarily resulted from the above-noted increases in intellectual property enforcement, personnel-related costs, and long-term compensation. Additionally, patent amortization increased due to higher levels of capitalized patent costs in recent years. These increases were partially offset by a decrease in consulting services associated with patent due diligencem the 10 K filing