Galaxy Next Generation Inc (fka GAXYQ)

[Magnum7419]

"Total revenues recognized were $876,529 and $649,211 for the three months ended December 31, 2019 and 2018, respectively, an increase of 35%. Total revenues recognized were $1,501,426 and $1,368,630 for the six months ended December 31, 2019 and 2018, respectively, an increase of 10%. Additionally, deferred revenue amounted to $585,572 and $247,007 as of December 31, 2019 and June 30, 2019, respectively."


Deferred revenue is deposit $$$ on products yet delivered :)