That's not correct. According to the CFO "With these larger enterprise transactions since at this time we do not have established vendor specific objective evidence as we explained in our SEC filings we need to amortize the revenue portion of these larger deals over the term of the agreement." (From the Q1 CC during discussion of the $2.3m deal)
Also, maintenance and perpetual license are always treated differently by both the client and the vendor. One is an expense and the other is capital. Maintenance is charged on a yearly schedule and amortized over each quarter. But the licenses for Wave, over a multi-year deal are amortized over the life of that deal. The cash comes in up front.
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