(Remember, these are just cash expenses. To date
we don't have any paid labor or rent. See the "goodwill" parts later.)
In the early years I was spending money on patent
attorneys, prototypes, pre-marketing, applications in 16 countries, etc.
From 1997 to 2000 the expenses were about $1,800
a year. That was roughly $600 for each of our 2 patent applications, and then a few hundred for everything else. After 2001
I did not spend any more on "Osteo", the birth defects application. It was officially abandoned Dec 2002. All I am investing
in now is "OptiDose", our dose by weight application. No re-write in 2002, but in 2003 I went double - a re-write and an appeal
on the old one.
From 2001 to 2003 our average expenses were about
$900 a year. The low expenses are a good reflection of my / our subdued interest in these last few years. Don't read too much
into last year's apparent increased activity, but I am getting a little more aggressive about getting approval. If we do get
approved, spending will go up considerably.