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legolas233

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legolas233

Re: Threeflight post# 24737

Monday, 11/15/2010 5:25:01 PM

Monday, November 15, 2010 5:25:01 PM

Post# of 77519
Sales for the third quarter were $350,038, of which $79,652 was deferred and will be recognized in future periods. Revenues for the third quarter of 2010 were $270,386, an increase of $107,115 or 65.6% compared to $163,271 in 2009. Non-license related revenue increased 171,148 or 172.5% which was mainly driven by the sale of our MMRPro systems. We will also recognize the $144,058 in total deferred revenue mainly attributed to the sale of these MMRPro systems on a monthly basis over the life of the agreements.
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