Coco might be unemployed, but he's not spending his days half-naked in a bean bag chair and hitting a bag of Doritos like he's trying to earn "Nacho Miles."

He's hard at work on a new live show, the big loophole in his contract that precludes him going on television for some time, starting with Phoenix, Arizona.

TMZ confirmed that Conan is holding a stage show at the Dodge Theatre on April 30 and tickets go on sale today. Ticketmaster started selling seats for the soon to be sold out show but took the listing down when TMZ broke the story. A theater representative confirmed the show will still go on as planned.

There isn't any word yet on what the show is exactly, but expect a lot of angry puppets, a heavy dose of death humor and 1,001 cracks at Jay Leno that would have gotten him thrown in FCC's "Naughty Word Jail" until the end of the next century. In other words, the depth of your standard NBC contract.