On4 Communications Inc (ONCI)

[panther6262]

Indeed it does. Im fine spoonfeeding info if I can help just one person understand how business works.

Revenue does not equate to physical money literally in the bank. It is money that is earned by providing goods or services which could be paid for with physical money before or after.


https://en.m.wikipedia.org/wiki/Revenue_recognition


Steve did not report entire contract values or cash for the 1.8m rev number. He reported revenue that has been realized by delivering a portion of the contract to the dealerships.

Imo and the opinion of wkipedia, accountants, ceos of public companies, etc.

Glad to help.