Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements Of Operations

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Condensed Statements Of Operations (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Condensed Statements Of Operations [Abstract]        
Royalty Revenue $ 1,222,000 $ 32,560,000 $ 6,611,000 $ 32,850,000
Cost of Revenue 341,000 9,507,000 1,883,000 9,522,000
Gross Profit 881,000 23,053,000 4,728,000 23,328,000
Operating Expenses:        
General and Administrative 411,000 1,176,000 1,693,000 2,949,000
Additional Patent Expense     1,000,000  
Non-Cash compensation 59,000 43,000 268,000 359,000
Total Operating Expenses 470,000 1,219,000 2,961,000 3,308,000
Operating Income (Loss) 411,000 21,834,000 1,767,000 20,020,000
Other Income (Expenses):        
Interest income, net 10,000 19,000 42,000 19,000
Income (Loss) before income taxes 421,000 21,853,000 1,809,000 20,039,000
Income Taxes (Benefit)        
Current 33,000 48,000 89,000 48,000
Deferred 140,000   (6,860,000)  
Total Income Taxes (Benefit) 173,000 48,000 (6,771,000) 48,000
Net Income (Loss) $ 248,000 $ 21,805,000 $ 8,580,000 $ 19,991,000
Net Income (loss) per share - Basic $ 0.01 $ 0.89 $ 0.33 $ 0.82
Net Income (loss) per share - Diluted $ 0.01 $ 0.76 $ 0.28 $ 0.70
Weighted average number of common shares outstanding:        
Basic 26,014,578 24,409,660 25,979,596 24,266,390
Diluted 30,991,041 28,848,659 30,956,059 28,705,389