Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements Of Cash Flow

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Condensed Statements Of Cash Flow (USD $)
 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net Income (Loss) $ 8,332,000 $ (1,815,000)
Adjustments to reconcile net income (loss) to net cash provided by used in operating activities:    
Depreciation and amortization 5,000 4,000
Non cash compensation 209,000 316,000
Changes in:    
Royalty Receivable and other current assets (1,513,000) 17,000
Accounts payable and accrued expenses 491,000 201,000
Income taxes payable (52,000)  
Deferred tax assets (7,000,000)  
Security deposits (13,000)  
Cash flows provided by (used in) Operating Activities 459,000 (1,277,000)
Cash flow provided by financial activities    
Proceeds from exercise of options 15,000 205,000
Net Increase (Decrease) in Cash and Cash Equivalents 474,000 (1,072,000)
Cash and cash equivalents, beginning of period 21,348,000 3,022,000
Cash and cash equivalents, end of period 21,822,000 1,950,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest 0  
Taxes $ 108,000