Ahhh... I was looking in the post I wrote to l2007S, rather than the one to opty.

Yes, funds or proceeds was more what I meant. I didn't mean "revenue" in the accounting sense as much as I meant it as being a generic source of money to pay the license fee. To clarify, I did not mean revenues on which to base the license fee.

My example was along the lines of if the company were a small one with limited cash on hand that was going (or needed to go) through an IPO or a round of PIPE financing at the time of the license, PDS could, perhaps agree to defer a portion of the fee contingent on the completion of that process so they wouldn't deplete the company's cash on hand.

Hope that helps and sorry if the use of "revenue" was faulty or misleading in the context.