Just saying, Nitto Denko neither hurt nor helped the share price.
They recorded it as future revenue, but didn't get it until the following quarter.
You and I can debate this until the cows come home. Neither of us know the future, this stock has gone up when for no apparent reason and down when we thick it should go up. It's a crap shoot as to the direction the SP will go upon reading the 10K or 10Q.
Again, it all depends on how much revenue is realized from display sector sales. If it's sufficient, people won't care about FF product development agreement revenue. They'll see growing display sector sales (the near term success path for QMC) and evaluate QMC potential on that, not on some product development agreement that may or may not lead to an additional commercial sales revenue stream 1-3 years from now.