Interesting. I believe it's considered an asset but from a revenue recognition perspective I don't think they can realize the revenue from future payments due, in part, to that fact that they can't estimate what those payments will be. They also can't recognize revenue from services that haven't been accrued yet. So, the most valuable method to judge their future expansion is to look at the number of customers they're signing. I think I'm going to buy in a little and see what happens.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.