INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Licensing and related revenue	$ 9,535	$ 8,650
Royalties	11,752	7,858
Total revenues	21,287	16,508
Cost of revenues	1,696	1,628
Gross profit	19,591	14,880
Operating expenses:
Research and development, net	9,873	7,914
Sales and marketing	2,938	2,845
General and administrative	2,125	1,990
Amortization of intangible assets	309	309
Total operating expenses	15,245	13,058
Operating income	4,346	1,822
Financial income, net	571	441
Income before taxes on income	4,917	2,263
Income taxes	810	463
Net income	$ 4,107	$ 1,800
Basic and diluted net income per share	$ 0.19	$ 0.09
Weighted-average shares used to compute net income per share
Basic	21,398	20,520
Diluted	22,187	20,926