Not afraid to show my ignorance regarding accounting procedures We already know from Toxic's post that PDS records revenue at the time the license is signed. When does Patriot record revenue? Is it at the time the license is signed or the distribution is received? If it is the later then perhaps the subsequent events is for the Barco dollars received by Patriot from PDS. If Patriot records revenue (like PDS) at the time the license is signed, then might subsequent events be for Sierra Wireless?