Let us end this conjecture right now, we will have the answer on Monday or Tuesday. The Q3 Report will cover the company's operation events from July 1 to Sept 30.
In the "Management Discussion and Analysis", there are 2 possibilities:
#1:
"QMC has received $??? which is part of $1 million promised fee from Frechfield for collaborating in its Smart Skinz" plus description of the proceeding, in such case, Q3 financial statement will show that amount in the company's Revenue.
#2:
"QMC and Freschfield decided to end the collaboration without any payment from Freschfield"