AudioEye, Inc. (AEYE)

[236tydeaw9542h]

AudioEye and Virtual World Computing Enter Into Licensing Agreements Valued Over $1 Million to Develop and Distribute Collaborative Technologies"

In other words, we exchanged a license with them for no cash consideration, it's all more non monetary revenues, just like 97% of all last quarters revenues, but we're going to account for it as $1M in revenues?

Correct me if I'm wrong, but based on my interpretation of this and the other 97% of Q2 revenues, they don't even generate enough cash to cover the cost of the press release announcing them?