Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements Of Cash Flow (Unaudited)

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Condensed Statements Of Cash Flow (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 2,854,000 $ 8,580,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 7,000 7,000
Non Cash Compensation 223,000 268,000
Source (use) of cash from changes in operating assets and liabilities:    
Royalty receivables and other current assets (596,000) 256,000
Accounts payable and accrued expenses (1,052,000) (166,000)
Income Taxes Payable (55,000) (55,000)
Deferred Rent 1,000 7,000
Deferred tax asset 709,000 (6,860,000)
Security deposits    (13,000)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 2,091,000 2,024,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Value of shares delivered to fund withholding taxes (487,000)   
Repurchase of treasury stock (52,000) (314,000)
Proceeds from exercises of options and warrants    14,000
NET CASH PROVIDED (USED IN) FINANCING ACTIVITIES (539,000) (300,000)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,552,000 1,724,000
CASH AND CASH EQUIVALENTS, beginning of period 20,661,000 21,348,000
CASH AND CASH EQUIVALENTS, end of period 22,213,000 23,072,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest      
Taxes $ 137,000 $ 144,000