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hispeedsoul

11/07/14 3:31 PM

#3239 RE: Spetty772002 #3238

The Google settlement papers were handwritten signed Nov 6th. This fell in Q4. There are delays in PACER, but I'm evaluating the signed document dates.
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Investentialist

11/07/14 3:44 PM

#3240 RE: Spetty772002 #3238

Im no accountant, but I do know that for revenue to be recognized all obligations must be substantially performed. In most settlement agreements, one of the primary obligations is to terminate the litigation and have the case against the licensee dismissed. I therefore have trouble seeing how cases that were stipulated for dismissal in Q4 would get recognized in Q3. I could see those q4 settlements potentially affecting q3 cash flows, but not revenues.