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Cadus Reports Third Quarter 2009 Results
Date:11/16/2009

----------- Total stockholders' equity 24,797,606 24,955,257 ----------- ----------- Total liabilities and stockholders' equity $24,817,815 $24,970,312 =========== =========== CADUS CORPORATION Condensed Consolidated Statements of Income (Unaudited) Three Months Ended September 30, ------------- 2009 2008 ---- ---- License and maintenance fees $-- $-- ---------- ---------- Total revenues -- -- ---------- ---------- Costs and expenses: General and administrative expenses 110,646 118,421 Amortization of patent costs 21,608 21,608 (Income) from equity in other ventures (144) (1,753) ---------- ---------- Total costs and expenses 132,110 138,276 ---------- ---------- Operating loss (132,110) (138,276) Other income: Interest income 14,177 161,180 Gain (loss) on redemption of securities 136,184 (36,687) Investment reduction to net asset value
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