Applied DNA Sciences Inc (APDN)

[jag213]

Usually deferred revenue is for services that are spread out over a period of time. So if you own a landscaping company and someone buys a year's worth of yard keeping, for example, you would defer that large lump sum out over the 12 months. Essentially each month you actually perform the yard keeping you convert some of that deferred revenue into that month's revenue.

Its easy to understand with services, but APDN shipping taggant is a little more confusing to me. If a gin buys a large amount of taggant which they plan to use over several months, that would seem to be on them unless they are returning unused taggant at the end of the year. IDK if APDN uses this "pay as you use" model