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Message: Re: Yes - 10Q IS OUT ! 02/15/2015
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Feb 12, 2015 04:04PM
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Feb 12, 2015 04:18PM
For the three months ended December 31, For the nine months ended December 31,
2014 2013 2014 2013
Revenues: $ $ $ $
Products and services 42,995 58,867 147,711 183,329
Patent license 1,078,500 1,227,500 2,051,034 1,654,225


1,121,495 1,286,367 2,198,745 1,837,554

Flash-R Technology Enforcement and Licensing Progress - In November 2014, our appeal to the Federal Circuit Court of Appeals regarding application of the doctrine of collateral estoppel as to our U.S. Patent No. 5,839,108 (“the ‘108 patent”) was successful . The Court upheld the lower court’s application of collateral estoppel to U.S. Patent No. 5,491,774 (“the ‘774) , which has now expired. In December 2014 the United States District Court for the Southern District of California ruled favorably regarding our claim construction of the ‘108 patent. As a result, in December 2014 and January 2015, we entered into license and settlement agreements with additional defendants. In January 2015 we filed additional enforcement actions against multiple defendants.

Those issues are not booked yet , however, they are coming.

doni

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Feb 12, 2015 06:23PM
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