Wave Systems Corp. (fka WAVXQ)

[RootOfTrust]

I see your point tkc, but wouldn't that method for reporting maintenance revenue be standard for software vendors? Multiple year contracts would have to be ratably reported allowing for the customer to back out of the contract?

I edited an addition at the end that post suggesting that as the mass of active licenses increases maintenance revenue becomes more quantifiable on a per q basis. Don't know if that is a valid idea.