competition has historically increased pricing pressures for our products and decreased our average selling prices . royalty payments under our existing license agreements also could be lower than currently anticipated for a variety of reasons , including decreased royalty rates triggered by larger volume shipments or lower royalty rates negotiated with customers due to competitive pressure . moreover , some of our competitors have reduced their licensing and royalty fees to attract customers and expand their market share . in order to penetrate new markets and maintain our market share with our existing products , we may need to offer our products in the future at lower prices which may result in lower profits . in addition , our future growth is dependent not only on the continued success of our existing products but also the successful introduction of new products , which requires the dedication of resources into research and development which in turn may increase our operating expenses . we anticipate that our operating expenses will be higher for 2012 in comparison to 2011 , mainly due to : ( 1 ) an increase in non-cash equity-based compensation expenses due to anticipated new equity grants to employees ; ( 2 ) increased investments in research and development in next-generation baseband processors for lte-advance as well as our new mm3000 hd imaging and vision platform , and ( 3 ) lower government research and development grants . furthermore , since our products are incorporated into end products of our oem customers , our business is very dependent on our oem customers ' ability to achieve market acceptance of their end products in the handsets and consumer electronic markets , which are similarly very competitive . the ever-changing nature of the market also affects our continued business growth potential . for example , the success of our imaging and audio products is highly dependent on the market adoption of new services and products , such as smartphones , tablets , smart tvs and set-top boxes . in addition , our business is affected by market conditions in emerging markets , such as india , latin america and africa , where the penetration of handsets , especially low-cost phones , could generate future growth potential for our business . the maintenance of our competitive position and our future growth also are dependent on our ability to adapt to ever-changing technologies , short product life cycles , evolving industry standards , changing customer needs and the trend towards cellular connectivity , and voice , audio and video convergence in the markets that we operate . moreover , due to the uncertainty about the sustainability of the market recovery , it is extremely difficult for our customers , our vendors and us to accurately forecast and plan future business activities . therefore , current economic conditions , and specifically the volatility in the semiconductor and consumer electronics industries , and consolidation in the semiconductor industry , could seriously impact our revenue and harm our business , financial condition and operating results . as a result , our past operating results should not be relied upon as an indication of future performance . we currently anticipate that the first quarter of 2012 to be a sequentially down quarter as third quarter 2011 shipments of ceva-powered chipsets , as reflected in our fourth quarter 2011 royalty revenues , were an all-time record high . also , we currently anticipate that the second quarter of 2012 to be a down quarter due to the typical seasonality trend we experience annually . 28 critical accounting policies , estimates and assumptions our consolidated financial statements are prepared in accordance with generally accepted accounting principles in the united states ( u.s. gaap ) . these accounting principles require us to make certain estimates , judgments and assumptions . we believe that the estimates , judgments and assumptions upon which we rely are reasonable based upon information available to us at the time that these estimates , judgments and assumptions are made . these estimates , judgments and assumptions can affect the reported amounts of assets and liabilities as of the date of the financial statements , as well as the reported amounts of revenues and expenses during the periods presented . to the extent there are material differences between these estimates , judgments or assumptions and actual results , our financial statements will be affected . the significant accounting policies that we believe are the most critical to aid in fully understanding and evaluating our reported financial results include the following : revenue recognition ; allowances for doubtful accounts ; income taxes ; equity-based compensation ; and impairment of marketable securities . in many cases , the accounting treatment of a particular transaction is specifically dictated by u.s. gaap and does not require management 's judgment in its application . there are also areas in which management 's judgment in selecting among available alternatives would not produce a materially different result . revenue recognition significant management judgments and estimates must be made and used in connection with the recognition of revenue in any accounting period . material differences in the amount of revenue in any given period may result if these judgments or estimates prove to be incorrect or if management 's estimates change on the basis of development of business or market conditions . management 's judgments and estimates have been applied consistently and have been reliable historically . we generate our revenues from ( 1 ) licensing intellectual property , which in certain circumstances is modified for customer-specific requirements , ( 2 ) royalty revenues and ( 3 ) other revenues , which include revenues from support , training and sale of development systems . we license our ip to semiconductor companies throughout the world . these semiconductor companies then manufacture , market and sell custom-designed chipsets to oems of a variety of consumer electronics products . story_separator_special_tag licensing revenues replace_table_token_11_th the increase in licensing revenues from 2010 to 2011 principally reflected higher revenues from our ceva-x dsp core family of products , our ceva-teak dsp core family of products , our bluetooth ip and our sata ip , partially offset by lower revenues from our ceva-teaklite dsp core family of products . the decrease in licensing revenues from 2009 to 2010 principally reflected lower revenues from our ceva-x dsp core family of products and our sas ip , partially offset by higher revenues from our ceva-teaklite dsp core family of products . licensing revenues accounted for 33.6 % of our total revenues in 2011 , compared with 41.0 % and 48.8 % of our total revenues in 2010 and 2009 , respectively . the percentage decreases in licensing revenues principally reflect the percentage increase in royalty revenues . in 2011 , we signed 30 new license agreements , compared to 25 and 34 in 2010 and 2009 , respectively . royalty revenues replace_table_token_12_th 34 based on strategic analytics and internal data , ceva 's worldwide market share of baseband chips that incorporate our technologies represented approximately 42 % , 36 % and 18 % of the worldwide baseband volume based on third quarter shipments in 2011 , 2010 and 2009 , respectively , and accounted for approximately 78 % , 72 % and 61 % of our total royalty revenues for 2011 , 2010 and 2009 , respectively . generally , the average royalty per unit from baseband chips incorporating our technologies is lower than the average royalty per unit from other consumer electronics products incorporating our technologies . the increase in royalty revenues from 2010 to 2011 principally reflected the continued expansion of our dsps across both handset and non-handset cellular-enabled products , which were driven by large volume 2g , 3g and td-scdma phones , partially offset by a decrease in the average per unit royalty rate . royalty revenues for 2010 included $ 0.4 million of catch-up royalties on past shipments from two existing customers in the consumer space . royalty revenues for 2009 included $ 0.9 million of catch up royalties on past shipments from another existing customer . excluding the catch up royalties , the increase in royalty revenues from 2009 to 2010 is due to : ( i ) significantly higher shipments of 2g and 3g feature phones , ( ii ) worldwide market expansion for handsets , and ( iii ) our market share gains within our customer base . the five largest customers paying per unit royalty accounted for 74.0 % of our total royalty revenues in 2011 , compared to 81.1 % and 73.4 % in 2010 and 2009 , respectively . our per unit and prepaid royalty customers reported sales of 1,027 million chipsets incorporating our technologies in 2011 , compared to 613 million in 2010 and 334 million in 2009. the increase in units shipped in both 2011 compared to 2010 and 2010 compared to 2009 primarily results from the strong momentum in the shipments of cellular processors enabled by our dsps that are now widely deployed across all market segments . other revenues other revenues include support and training for licensees and sale of development systems . replace_table_token_13_th the slight decrease in other revenues in 2011 compared to 2010 principally reflects a decrease in support revenues , offset by an increase in revenues from sales of development systems . the increase in other revenues in 2010 compared to 2009 principally reflects an increase in revenues from sales of development systems . geographic revenue analysis replace_table_token_14_th * ) less than 10 % 35 due to the nature of our license agreements and the associated potential large individual contract amounts , the geographic spilt of revenues both in absolute and percentage terms generally varies from period to period . the increase in revenues in absolute and percentage terms in the united states from 2010 to 2011 and from 2009 to 2010 reflects more design activities in the united states by large semiconductor companies and oems , mainly for our dsp core products , and royalty ramp-up mainly from cellular products . the increase in revenues in absolute term in the eme region from 2010 to 2011 and from 2009 to 2010 primarily reflects significantly higher royalty revenues and unit shipment ramp-up from cellular products , offset by a continued decrease in licensing activities in the eme region due to the consolidation of semiconductor companies and overall economic slowdown ( most significantly in 2011 ) . the increase in revenues in absolute terms in the apac region from 2010 to 2011 and from 2009 to 2010 primarily reflects significantly higher royalty revenues and unit shipment ramp-up from cellular products . in 2011 , we also generated significantly higher licensing revenues from our dsp core products for audio applications and lte designs , as well as from our bluetooth ip . cost of revenues replace_table_token_15_th cost of revenues accounted for 5.9 % of our total revenues in 2011 , compared with 8.3 % of our total revenues in 2010 and 10.7 % of our total revenues in 2009. the absolute and percentage decrease in cost of revenues in 2011 compared to 2010 principally reflected lower customization work for our licensees , partially offset by higher labor-related and commission costs and higher non-cash equity compensation expenses . the absolute and percentage decrease in cost of revenues in 2010 compared to 2009 principally reflected lower royalty expense payments to the office of the chief scientist of israel of the israeli ministry of industry and trade . royalty expenses relate to royalties payable to the office of the chief scientist of israel that amount to 3 % -3.5 % of the actual sales of certain of our products , the development of which previously included grants from the office of the chief scientist of israel . the obligation to pay these royalties is contingent on actual sales of these products . cost

liquidity and capital resources as of december 31 , 2011 , we had approximately $ 15.0 million in cash and cash equivalents , $ 55.4 million in short term bank deposits , $ 69.0 million in marketable securities , and $ 25.1 million in long term bank deposits , totaling $ 164.5 million , compared to $ 131.0 million at december 31 , 2010. during 2011 , we invested $ 107.0 million of cash in bank deposits and available-for-sale marketable securities with maturities up to 36 months . in addition , bank deposits and available-for-sale marketable securities were sold or redeemed for cash amounting to $ 69.0 million in 2011. during 2010 , we invested $ 98.8 million of cash in bank deposits and available-for-sale marketable securities with maturities up to 34 months . in addition , bank deposits and available-for-sale marketable securities were sold or redeemed for cash amounting to $ 72.9 million in 2010. during 2009 , we invested $ 94.6 million of cash in bank deposits and available-for-sale marketable securities with maturities up to 29 months . in addition , bank deposits and available-for-sale marketable securities were sold or redeemed for cash amounting to $ 78.2 million in 2009. all of our marketable securities are classified as available-for-sale . the purchase and sale or redemption of available-for-sale marketable securities are considered part of investing cash flow . available-for-sale marketable securities are stated at fair value , with unrealized gains and losses reported in accumulated other comprehensive income ( loss ) , a separate component of stockholders ' equity , net of taxes . realized gains and losses on sales of investments , as determined on a specific identification basis , are included in the consolidated statements of income . we did not recognize any other-than-temporarily-impaired charges on marketable securities in 2011 , 2010 and 2009. for more information about our marketable securities , see notes 1 and 2 to the attached notes to consolidated financial statement for the year ended december 31 , 2011. bank deposits are classified as short-term bank deposits and long-term bank deposits .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources as of december 31 , 2011 , we had approximately $ 15.0 million in cash and cash equivalents , $ 55.4 million in short term bank deposits , $ 69.0 million in marketable securities , and $ 25.1 million in long term bank deposits , totaling $ 164.5 million , compared to $ 131.0 million at december 31 , 2010. during 2011 , we invested $ 107.0 million of cash in bank deposits and available-for-sale marketable securities with maturities up to 36 months . in addition , bank deposits and available-for-sale marketable securities were sold or redeemed for cash amounting to $ 69.0 million in 2011. during 2010 , we invested $ 98.8 million of cash in bank deposits and available-for-sale marketable securities with maturities up to 34 months . in addition , bank deposits and available-for-sale marketable securities were sold or redeemed for cash amounting to $ 72.9 million in 2010. during 2009 , we invested $ 94.6 million of cash in bank deposits and available-for-sale marketable securities with maturities up to 29 months . in addition , bank deposits and available-for-sale marketable securities were sold or redeemed for cash amounting to $ 78.2 million in 2009. all of our marketable securities are classified as available-for-sale . the purchase and sale or redemption of available-for-sale marketable securities are considered part of investing cash flow . available-for-sale marketable securities are stated at fair value , with unrealized gains and losses reported in accumulated other comprehensive income ( loss ) , a separate component of stockholders ' equity , net of taxes . realized gains and losses on sales of investments , as determined on a specific identification basis , are included in the consolidated statements of income . we did not recognize any other-than-temporarily-impaired charges on marketable securities in 2011 , 2010 and 2009. for more information about our marketable securities , see notes 1 and 2 to the attached notes to consolidated financial statement for the year ended december 31 , 2011. bank deposits are classified as short-term bank deposits and long-term bank deposits .
```    
 Suspicious Activity Report : competition has historically increased pricing pressures for our products and decreased our average selling prices . royalty payments under our existing license agreements also could be lower than currently anticipated for a variety of reasons , including decreased royalty rates triggered by larger volume shipments or lower royalty rates negotiated with customers due to competitive pressure . moreover , some of our competitors have reduced their licensing and royalty fees to attract customers and expand their market share . in order to penetrate new markets and maintain our market share with our existing products , we may need to offer our products in the future at lower prices which may result in lower profits . in addition , our future growth is dependent not only on the continued success of our existing products but also the successful introduction of new products , which requires the dedication of resources into research and development which in turn may increase our operating expenses . we anticipate that our operating expenses will be higher for 2012 in comparison to 2011 , mainly due to : ( 1 ) an increase in non-cash equity-based compensation expenses due to anticipated new equity grants to employees ; ( 2 ) increased investments in research and development in next-generation baseband processors for lte-advance as well as our new mm3000 hd imaging and vision platform , and ( 3 ) lower government research and development grants . furthermore , since our products are incorporated into end products of our oem customers , our business is very dependent on our oem customers ' ability to achieve market acceptance of their end products in the handsets and consumer electronic markets , which are similarly very competitive . the ever-changing nature of the market also affects our continued business growth potential . for example , the success of our imaging and audio products is highly dependent on the market adoption of new services and products , such as smartphones , tablets , smart tvs and set-top boxes . in addition , our business is affected by market conditions in emerging markets , such as india , latin america and africa , where the penetration of handsets , especially low-cost phones , could generate future growth potential for our business . the maintenance of our competitive position and our future growth also are dependent on our ability to adapt to ever-changing technologies , short product life cycles , evolving industry standards , changing customer needs and the trend towards cellular connectivity , and voice , audio and video convergence in the markets that we operate . moreover , due to the uncertainty about the sustainability of the market recovery , it is extremely difficult for our customers , our vendors and us to accurately forecast and plan future business activities . therefore , current economic conditions , and specifically the volatility in the semiconductor and consumer electronics industries , and consolidation in the semiconductor industry , could seriously impact our revenue and harm our business , financial condition and operating results . as a result , our past operating results should not be relied upon as an indication of future performance . we currently anticipate that the first quarter of 2012 to be a sequentially down quarter as third quarter 2011 shipments of ceva-powered chipsets , as reflected in our fourth quarter 2011 royalty revenues , were an all-time record high . also , we currently anticipate that the second quarter of 2012 to be a down quarter due to the typical seasonality trend we experience annually . 28 critical accounting policies , estimates and assumptions our consolidated financial statements are prepared in accordance with generally accepted accounting principles in the united states ( u.s. gaap ) . these accounting principles require us to make certain estimates , judgments and assumptions . we believe that the estimates , judgments and assumptions upon which we rely are reasonable based upon information available to us at the time that these estimates , judgments and assumptions are made . these estimates , judgments and assumptions can affect the reported amounts of assets and liabilities as of the date of the financial statements , as well as the reported amounts of revenues and expenses during the periods presented . to the extent there are material differences between these estimates , judgments or assumptions and actual results , our financial statements will be affected . the significant accounting policies that we believe are the most critical to aid in fully understanding and evaluating our reported financial results include the following : revenue recognition ; allowances for doubtful accounts ; income taxes ; equity-based compensation ; and impairment of marketable securities . in many cases , the accounting treatment of a particular transaction is specifically dictated by u.s. gaap and does not require management 's judgment in its application . there are also areas in which management 's judgment in selecting among available alternatives would not produce a materially different result . revenue recognition significant management judgments and estimates must be made and used in connection with the recognition of revenue in any accounting period . material differences in the amount of revenue in any given period may result if these judgments or estimates prove to be incorrect or if management 's estimates change on the basis of development of business or market conditions . management 's judgments and estimates have been applied consistently and have been reliable historically . we generate our revenues from ( 1 ) licensing intellectual property , which in certain circumstances is modified for customer-specific requirements , ( 2 ) royalty revenues and ( 3 ) other revenues , which include revenues from support , training and sale of development systems . we license our ip to semiconductor companies throughout the world . these semiconductor companies then manufacture , market and sell custom-designed chipsets to oems of a variety of consumer electronics products . story_separator_special_tag licensing revenues replace_table_token_11_th the increase in licensing revenues from 2010 to 2011 principally reflected higher revenues from our ceva-x dsp core family of products , our ceva-teak dsp core family of products , our bluetooth ip and our sata ip , partially offset by lower revenues from our ceva-teaklite dsp core family of products . the decrease in licensing revenues from 2009 to 2010 principally reflected lower revenues from our ceva-x dsp core family of products and our sas ip , partially offset by higher revenues from our ceva-teaklite dsp core family of products . licensing revenues accounted for 33.6 % of our total revenues in 2011 , compared with 41.0 % and 48.8 % of our total revenues in 2010 and 2009 , respectively . the percentage decreases in licensing revenues principally reflect the percentage increase in royalty revenues . in 2011 , we signed 30 new license agreements , compared to 25 and 34 in 2010 and 2009 , respectively . royalty revenues replace_table_token_12_th 34 based on strategic analytics and internal data , ceva 's worldwide market share of baseband chips that incorporate our technologies represented approximately 42 % , 36 % and 18 % of the worldwide baseband volume based on third quarter shipments in 2011 , 2010 and 2009 , respectively , and accounted for approximately 78 % , 72 % and 61 % of our total royalty revenues for 2011 , 2010 and 2009 , respectively . generally , the average royalty per unit from baseband chips incorporating our technologies is lower than the average royalty per unit from other consumer electronics products incorporating our technologies . the increase in royalty revenues from 2010 to 2011 principally reflected the continued expansion of our dsps across both handset and non-handset cellular-enabled products , which were driven by large volume 2g , 3g and td-scdma phones , partially offset by a decrease in the average per unit royalty rate . royalty revenues for 2010 included $ 0.4 million of catch-up royalties on past shipments from two existing customers in the consumer space . royalty revenues for 2009 included $ 0.9 million of catch up royalties on past shipments from another existing customer . excluding the catch up royalties , the increase in royalty revenues from 2009 to 2010 is due to : ( i ) significantly higher shipments of 2g and 3g feature phones , ( ii ) worldwide market expansion for handsets , and ( iii ) our market share gains within our customer base . the five largest customers paying per unit royalty accounted for 74.0 % of our total royalty revenues in 2011 , compared to 81.1 % and 73.4 % in 2010 and 2009 , respectively . our per unit and prepaid royalty customers reported sales of 1,027 million chipsets incorporating our technologies in 2011 , compared to 613 million in 2010 and 334 million in 2009. the increase in units shipped in both 2011 compared to 2010 and 2010 compared to 2009 primarily results from the strong momentum in the shipments of cellular processors enabled by our dsps that are now widely deployed across all market segments . other revenues other revenues include support and training for licensees and sale of development systems . replace_table_token_13_th the slight decrease in other revenues in 2011 compared to 2010 principally reflects a decrease in support revenues , offset by an increase in revenues from sales of development systems . the increase in other revenues in 2010 compared to 2009 principally reflects an increase in revenues from sales of development systems . geographic revenue analysis replace_table_token_14_th * ) less than 10 % 35 due to the nature of our license agreements and the associated potential large individual contract amounts , the geographic spilt of revenues both in absolute and percentage terms generally varies from period to period . the increase in revenues in absolute and percentage terms in the united states from 2010 to 2011 and from 2009 to 2010 reflects more design activities in the united states by large semiconductor companies and oems , mainly for our dsp core products , and royalty ramp-up mainly from cellular products . the increase in revenues in absolute term in the eme region from 2010 to 2011 and from 2009 to 2010 primarily reflects significantly higher royalty revenues and unit shipment ramp-up from cellular products , offset by a continued decrease in licensing activities in the eme region due to the consolidation of semiconductor companies and overall economic slowdown ( most significantly in 2011 ) . the increase in revenues in absolute terms in the apac region from 2010 to 2011 and from 2009 to 2010 primarily reflects significantly higher royalty revenues and unit shipment ramp-up from cellular products . in 2011 , we also generated significantly higher licensing revenues from our dsp core products for audio applications and lte designs , as well as from our bluetooth ip . cost of revenues replace_table_token_15_th cost of revenues accounted for 5.9 % of our total revenues in 2011 , compared with 8.3 % of our total revenues in 2010 and 10.7 % of our total revenues in 2009. the absolute and percentage decrease in cost of revenues in 2011 compared to 2010 principally reflected lower customization work for our licensees , partially offset by higher labor-related and commission costs and higher non-cash equity compensation expenses . the absolute and percentage decrease in cost of revenues in 2010 compared to 2009 principally reflected lower royalty expense payments to the office of the chief scientist of israel of the israeli ministry of industry and trade . royalty expenses relate to royalties payable to the office of the chief scientist of israel that amount to 3 % -3.5 % of the actual sales of certain of our products , the development of which previously included grants from the office of the chief scientist of israel . the obligation to pay these royalties is contingent on actual sales of these products . cost

