From the MD & A

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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royalton

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From the MD & A

posted on Nov 29, 2016 04:30AM

September 30, 2016 -Accounts Receivable

Current $ 280,940-

31 - 60 days $82,830

61 - 90 days $21,106

> 90 days $215,519

Unbilled receivables $ 293,565

The Company has accounts receivable from one governmental agency representing 55% of total accounts receivable, 60% of which is unbilled at September 30, 2016. The billed portion is greater than 90 days old but was collected subsequent to September 30, 2016

My Bold.......IMHO.. according to the above the NRE portion mentioned as billed and the unbilled portion is for "One Governmental Agency"....interesting

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