Counting Backlog as Revenue???????????????????..LOL...
Backlog is just that "Backlog". It is an Order that may translate into a future Sale, which can then be booked as Revenue at a future time. Amount & Date usually change monthly. We don't know how "Firm", the Backlog is for that matter. Hopefully, no IDIQ contracts..
Wish AGORACOM had Emoticons to employ....
Be Well
Virt