Revenue Recognition
PDS recognizes revenue from technology license agreements at the time a contract is entered into, the license method is determined (paid-in-advance or on-going royalty), obligations under the license agreement are satisfied, and the realization of revenue is assured which is generally upon the receipt of the license proceeds.
PDS may at times enter into license agreements whereby contingent revenues are recognized as one or more contractual milestones are met.
The bolded language showed up after the Markman earlier this year. Does this mean we have a new option available for infringers to pay us?