Note 16. Related-Party Transactions

6 Months Ended

Jun. 30, 2012

Related Party Transactions Disclosure [Text Block]

16.       Related-Party Transactions

During the three and six months ended June 30, 2012, two members of the Company’s board of directors also served on the boards of directors of RPX clients. The Company recognized subscription fee revenue of $0.9 million and $1.6 million related to these clients for the three and six months ended June 30, 2012, respectively. During the three and six months ended June 30, 2011, one member of the Company’s board of directors also served on the board of directors of a RPX client. For the three and six months ended June 30, 2011, the Company recognized subscription fee revenue of $0.7 million and $1.3 million, respectively, related to this client. As of June 30, 2012 and December 31, 2011, there were no receivables due from these clients.

In April 2011, the Company sold an aggregate of 105,708 shares of its common stock at a price of $14.19 per share to two members of its board of directors.