I don't think PTSC is worrying about end of year taxes yet

 CARLSBAD, Calif., Oct 11, 2007 -- Patriot Scientific (OTC Bulletin Board: PTSC) reported operating results for the first fiscal quarter ended August 31, 2007. At August 31 Patriot had $22.3 million in current assets inclusive of $20.4 million in cash and liquid investments. Current liabilities of $8.6 million include $7.7 million in income taxes payable that are expected to be remitted over the remainder of the fiscal year.