Stephen: "We have also begun to generate modest revenues from the sale of our quantum dot samples to our display industry customers .... All indications are that these sales volumes will continue to increase".
So TV makers are "collaborating" with our film partners and trying out their QD LED display films, there is no contract signed for future sales between the parties yet. But based on what Stephen said, the collaboration is going well, so signing of sales contract could be on the horizon.
So was the "collaboration" between QMC and FF. There is no contract for future sales signed between the two parties. The collaboration can end fruitless without obligation on each side.