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

- (97,161) ---------- ---------- Income (loss) before provision for income taxes 18,251 (110,944) Provision for income taxes -- -- ---------- ---------- Net income (loss) $18,251 ($110,944) ========== ========== Basic and diluted income (loss) per weighted average share of common stock outstanding $0.00 ($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) Nine Months Ended September 30, ------------- 2009 2008 ---- ---- License and maintenance fees $100,000 $100,000 ---------- ---------- Total revenues 100,000 100,000 ---------- ---------- Costs and expenses: General and administrative expenses 416,266 464,574 Amortization of patent costs 64,825 64,825 (Income) from equity in other ventures
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