Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.

over 16 years ago

"Considering that since January 2006 through February 2008, gross license payments from 44 licensees, resulted in revenue of $219.7 million to Phoenix Digital Solutions, resulting in $92.8 million in earnings to Patriot Scientific, we are now assuming that comparable payments could continue in the foreseeable future.

...therefore, we suggest that the resultant possible cash flow from future net
payments be viewed as an annuity for Patriot Scientific. "