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blueskywaves

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blueskywaves

Re: TFWG post# 25348

Wednesday, 05/14/2003 12:31:28 PM

Wednesday, May 14, 2003 12:31:28 PM

Post# of 433020
Rip just indicated that one of the primary focus of their licensing negotiations is RECURRING ROYALTY REVENUE.

1Q03 Recurring royalties were $17M. $11M, or 65%, came from the DEFERRED REVENUE account. This account increased from $91M in 4Q02 to $112M in 1Q03 or by 23%. This is very high quality stuff!


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