You have a good point the following chart shows the operating expenses of PDS(assuming the lawyers fee are in these numbers) climbing dramatically with last years expenses being a percent of revenue of...31.4% in '08 ...from 11% in '07 and 7.5% in '06 ......from the K.
Condensed Statements of Income
|
|
|
2008
|
|
|
2007
|
|
|
2006
|
|
|
License revenues
|
|
$
|
59,282,971
|
|
|
$
|
110,878,985
|
|
|
$
|
60,000,000
|
|
|
Operating expenses
|
|
|
18,627,032
|
|
|
|
12,189,575
|
|
|
|
4,486,955
|
|
|
Operating income
|
|
|
40,655,939
|
|
|
|
98,689,410
|
|
|
|
55,513,045
|
|
|
Interest income
|
|
|
216,902
|
|
|
|
421,407
|
|
|
|
183,682
|
|
|
Income before income taxes
|
|
|
40,872,841
|
|
|
|
99,110,817
|
|
|
|
55,696,727
|
|
|
Provision for income taxes
|
|
|
11,790
|
|
|
|
11,790
|
|
|
|
-
|
|
|
Net income
|
|
$
|
40,861,051
|
|
|
$
|
99,099,027
|
|
|
$
|
55,696,727
|
|
