Slide 1: Q1 2026 Earnings
Q1 2026 Earnings May 4, 2026 1
Slide 2: Safe Harbor
Safe Harbor This presentation contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on in
Slide 3: Q1 2026 Business Highlights
Q1 2026 Revenue of $104.8 million, cash from operations $58.5 million and an adjusted EBITDA margin of 60% Business Highlights Signed 3 new license agreements with AMD, Microsoft and a semiconductor customer Signed 8 license agreements across diverse verticals including S semiconductors, consumer el
Slide 4: Recent Deal Momentum
Recent Deal Signed 8 license agreements, including 3 with new customers and 5 Momentum renewals Signed a new multi-year license agreement with AMD, a leading semiconductor company, for access to our semiconductor portfolio, including our hybrid bonding technology Signed a new multi-year license agre
Slide 5: Measures of Success
Measures Increase Long-Term Revenue Continue to execute renewals and new customer agreements that will of Success increase our annual revenue over the long-term IP Portfolio Growth Continue to grow patent portfolio through focused organic R&D and strategic inorganic investments Balanced Capital Allo
Slide 6: Q1 2026 Results
Q1 2026 Results Q1’26 Q1’26 Category (in millions) GAAP NON-GAAP Revenue $104.8 $104.8 Operating expenses $69.9 $42.9 Interest expense $8.5 $8.5 Other income, net $1.6 $1.6 Income tax expense $5.2 $11.5 Net income $22.8 $43.5 Adjusted EBITDA N/A $62.3 Diluted shares outstanding 114.2 114.2 • See tab
Slide 7: FY 2026 Outlook
FY 2026 Outlook Category (in millions, except tax rate) FY’26 GAAP FY’26 Non-GAAP Revenue $395.0 – 435.0 $395.0 – 435.0 Operating expenses $295.0 – 305.0 $184.0 – 192.0 Interest expense $34.0 – 36.0 $34.0 – 36.0 Other income $5.5 – 6.5 $5.5 – 6.5 Tax rate 20% 21% Net income $57.2 – 80.4 $144.2 – 168
Slide 8: Value Proposition
Value Proposition Foundation Driven by Ongoing Innovation and Focused Capital Strong Portfolios and Capitalization of Market Allocation to Maximize Technology Offerings Trends Drive Growth Shareholder Value 13,750+ patent assets provide both Ongoing innovations drive growth Focused investments in in
Slide 9: Questions & Answers
Questions & Answers 9
Slide 10: Thank you!
Thank you! 10