INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
Mar. 31, 2014	Mar. 31, 2013
Revenues:
Licensing and related revenue	$ 7,906	$ 5,034
Royalties	5,768	7,082
Total revenues	13,674	12,116
Cost of revenues	1,112	1,575
Gross profit	12,562	10,541
Operating expenses:
Research and development, net	5,996	5,039
Sales and marketing	2,393	2,355
General and administrative	2,040	1,838
Total operating expenses	10,429	9,232
Operating income	2,133	1,309
Financial income, net	460	729
Income before taxes on income	2,593	2,038
Income taxes	608	333
Net income	$ 1,985	$ 1,705
Basic and diluted net income per share	$ 0.09	$ 0.08
Weighted-average shares used to compute net income per share
Basic	21,159	22,197
Diluted	21,590	22,670

The aggregate cost of goods produced and sold and services rendered during the reporting period.

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