Re: I think that "the settlement" mentioned as the reason for the delay

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muswei

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Re: I think that "the settlement" mentioned as the reason for the delay

in response to

I think that "the settlement" mentioned as the reason for the delay

ads123

posted on Jan 13, 2011 03:03AM

Why would a settlement that is reached after November 30, 2010 be a material event for that periods quarerly financial statements. Would it not be considered revenue for the following qtr when we actually receive the monies? Or could this be license money that was received before November 30, 2010 but was held up until a settlement with TPL is reached? Still seems like it would be counted towards the next quarter but then I have no idea what I am talking about.

Thanks

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