Hi. They write about revenues from entering into licensing agreements in the last three/nine months. And they mentione in a separate row 1.5 Mio. revenues for license agreements previously entered into by TPL. Is this what we knwo as Royalties!?
To be found under "Notes to Financial Statements", Point 3 "Investment in Affiliated Company":
"During the three and nine months ended February 28, 2013, PDS entered into licensing agreements with third parties, pursuant to which PDS recognized revenues of $0 and $4,820,000, respectively.
During the three and nine months ended February 28, 2013, PDS recognized revenues of $1,500,000 for license agreements previously entered into by TPL.
During the three and nine months ended February 29, 2012, TPL entered into licensing agreements with third parties, pursuant to which PDS recognized revenues of $2,452,000 and $3,009,300, respectively."
Another interesting point in my opinion to be found under 6 "Commitments and Contingencies". So some news on May 3, 2013 !?
"The ITC judge conducted a claim construction hearing on March 5, 2013, and is expected to issue a Markman ruling by no later than May 3, 2013. In addition, the 853 Investigation is currently set for a two week trial beginning on June 3, 2013. All of the District Court Actions against the new parties (i.e., all respondents other than Acer and HTC) are currently stayed pending resolution of the 853 Investigation."