Question-and-Answer Session
Operator
Thank you, sir. The question-and-answers session will begin. (Operator Instructions). Our first question comes from Bennett Notman with Vasco (ph) Research.
Unidentified Analyst
Good afternoon guys and congratulation on another solid quarter. Can you just talked a little bit about the deferred revenue at the time period over which it will be recognized into the any other new options we should understand from what's going on there?
Paul Ryan
Sure, I'll let Clayton handle that.
Clayton Haynes
Sure. The deferred revenue that came in the third quarter of 2009 relates to a license agreement that has certain terms related to a -- we should be amortizing that over a six quarter period.
Unidentified Analyst
And this is -- it's my another question, this is sort of the second year like this that you guys have done, should we start thinking of these as something that we'll see more often or we store this kind of more like one-offs?
Paul Ryan
I think there will be increase in trend to do that, there's a number of media is in the marketplace and buying clubs that are becoming involved in licensing and we're seeing definitely an increasing trend of that. So, I would expect more of that in the future.
Unidentified Analyst
Then could you just talk a little bit how all these and pending Court dates might be impacting the overall licensing negotiation to be adding with some of the bigger targets that you have as you get closer to pending Court dates. Are we likely to see some bigger deals get done or just sort of -- how does that taking part to impact everything that you're doing?
Paul Ryan
Yeah, often times; obviously as you move closer to trial dates, there is opportunity for negotiations between the parties. And as I indicated in my remarks, we are in discussions with the number of defendants in those trials and each of those trials aren't just the lead defended; many of them have multiple defendants in the trials. So, certainly it provides an opportunity for our negotiations and probably an enhanced opportunity for getting more licensing deals done.
Unidentified Analyst
And then last one from me. Clayton, I shouldn't quite map up at top of my head, but if you really look at this quarter's legal expenses, its' kind of a little normal given that you are going to be in such a heavy legal calendar going forward.
- To read the full transcript on Seeking Alpha, click here »



