From the Q&A video (minutes 29:36-30:21), Dr D stated that Neah has accounted for the DRDO shipments, but does not say how other than that is how they chose to. I have looked at the past couple of 10-Q's on the SEC's website (link below), but I can't see any mention of it on the financials. So how did they choose to account for the sale(s)?
Please see my other comment regarding accounting. Since the PO has an onsite validation, the Company plans to recognize this revenue in the Oct timeframe
Dr D'Couto... I am not sure of any other comments on accounting, but I would be happy to read them. I also don't understand why the PO is not being recognized until Oct. Previous reports stated they shipped in May, had an 8-12 week eval; I believe, so I assumed it would have been on the previous reporting. What made it curious beyond that, is how it was; or lack thereof, answered on the Q&A. I look forward to the next quarterly. Thank you
