Let us end this conjecture right now, we will have the answer on Monday or Tuesday. The Q3 Report will cover the company's operation events from July 1 to Sept 30.
In the "Management Discussion and Analysis", there are 2 possibilities:
"QMC has received $??? which is part of $1 million promised fee from Frechfield for collaborating in its Smart Skinz" plus description of the proceeding, in such case, Q3 financial statement will show that amount in the company's Revenue.
"QMC and Freschfield decided to end the collaboration without any payment from Freschfield"