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Thursday, May 12, 2016 3:02:41 PM
I have seen on here about a one time lump sum payment, but that is just referring to the cash imo. But I don't know where that came from or where it was posted.
Copy and pasted
ITEM 3. LEGAL PROCEEDINGS
On March 28, 2013 we initiated patent litigation against an outside party. As of March 31, 2015, the case was in full discovery, the pre-trial hearing was held, and the deliberations were continuing. Mediation took place in May 2015 to discuss a potential settlement, and on January 15, 2016, the parties reached a settlement in the matter. As part of the settlement, we will receive a payment of $4.9 million, net of legal fees, which will be recorded as other income in the first quarter of 2016.
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