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Cadus Reports Second Quarter 2009 Results
Date:8/13/2009

,330) 54,453 Provision for income taxes -- 1,658 ---------- ---------- Net (loss) income ($103,330) $52,795 ========== ========== Basic and diluted (loss) income per weighted average share of common stock outstanding ($0.01) $-- ========== ========== Weighted average shares of common stock outstanding - basic and diluted 13,144,040 13,144,040 ========== ========== CADUS CORPORATION Condensed Consolidated Statements of Operations (Unaudited) Six Months Ended June 30, 2009 2008 ---- ---- License and maintenance fees $100,000 $100,000 -------- -------- Total revenues 100,000 100,000 -------- -------- Costs and expenses: General and administrative expenses 305,620 346,153 Amortization of patent costs 43,217 43,217 (Income) from equity in other ventures (328) (4,078) -------- -------- Total costs and expenses 348,509 385,292 -------- -------- Operat
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