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Message: Re: Sorry, Nikon is in this Quarter
1
Feb 11, 2009 03:46AM

The following doesn't specifically indicate the three customers are for patent income. They could very well be IFE customers as referenced in the statements shown below.

From the 10Q:

Revenues from three customers comprised 33%, 27% and 26% of revenue for the nine months ended December 31, 2008. Sales to three customer comprised 37%, 26% and 20% of revenue for the nine months ended December 31, 2007. Accounts receivable from one customer comprised 95% of net accounts receivable at December 31, 2008 and three customers accounted for 61%, 14% and 12% of net accounts receivable at December 31, 2007.

Revenues of $6,058,190 for the first nine months of fiscal 2009 compared to $4,811,262 for the same period of the prior year. The revenue mix was different in the most recent nine month period due to initial patent license revenues. Fiscal 2009 nine-month revenues included eVU products and service revenue of $808,190 and patent license revenue of $5,250,000. We are reliant on a limited number of customers with three customers accounting for 33%, 27% and 26% of our first nine-month revenues.



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Feb 11, 2009 04:10AM
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