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Re: JimLur post# 249650

Thursday, 02/12/2009 7:36:59 PM

Thursday, February 12, 2009 7:36:59 PM

Post# of 432703
Jim, only per unit royalties lag a quarter.

Fixed fee revenues, contract work, expenses and everything else is reported in the quarter income is earned or revenues are earned. Only the revenues based on sales of licensed products are reported on a one quarter lag because it is not practical to get the current quarter results in time for it to be properly reported in that quarter.
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