INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues:
Licensing and related revenue	$ 8,650	$ 7,839
Royalties	7,858	5,995
Total revenues	16,508	13,834
Cost of revenues	1,628	1,185
Gross profit	14,880	12,649
Operating expenses:
Research and development, net	7,914	7,363
Sales and marketing	2,845	2,426
General and administrative	1,990	1,972
Amortization of intangible assets	309	325
Total operating expenses	13,058	12,086
Operating income	1,822	563
Financial income (loss), net	441	(27)
Income before taxes on income	2,263	536
Income taxes	463	50
Net income	$ 1,800	$ 486
Basic and diluted net income per share	$ 0.09	$ 0.02
Weighted-average shares used to compute net income per share:
Basic	20,520	20,418
Diluted	20,926	20,958