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Aware, Inc. Message Board

  • russellthearabfaker russellthearabfaker Feb 14, 2013 8:44 AM Flag

    so they put the patent money SALE in OPERATING income

    When are they gonna distribute it.. Or is the dividend all you get..

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    • The patent money is clearly broken out

      Form 8-K
      Press release issued by Aware, Inc. on February 12, 2013.

      Additional information regarding full year 2012 results is as follows:

      ● The $1.0 million improvement in operating income before patent related income in 2012 was primarily due to increased profitability in our biometrics business and lower general and administrative expenses, which were partially offset by higher losses in our DSL service assurance software business.

      ● As we previously disclosed, we completed two significant patent sales in the second and third quarters of 2012. We received $91.0 million total proceeds on these patent sales, and recorded a net gain of $86.4 million after transaction costs.

      .........................................................................2012..............2011
      Operating income before patent related income 4,293............. 3,312
      Gain on sale of patent assets ..........................86,394 ..............0
      Income from patent arrangement...................... 1,121 .............0
      Operating income after patent related income...91,808.............3,312

      Sentiment: Strong Buy

 
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