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Fee Income
6 Months Ended
Jun. 30, 2024
Fee Income  
Fee Income

Note 5. Fee Income

 

Fee income represents amounts earned by the Company under various license and other agreements relating to technology developed by the Company.

 

During the first six months of 2024, four licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 31%, 30%, 11% and 11% of fee income recognized during such period. During the first six months of 2023, four licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 24%, 22%, 21% and 21% of fee income recognized during such period.

 

During the three months ended June 30, 2024, two licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 51% and 24% of fee income recognized during such period. During the three months ended June 30, 2023, three licensees accounted for 10% or more of fee income of the Company; these licensees accounted for approximately 51%, 16% and 16% of fee income recognized during such period.