Replies to post #84589 on Ayala Pharmaceuticals Inc (ADXS)

[gajj]

not money not yet received?

[raja48185]

Agree.


Deferred revenue refers to payments received in advance for services which have not yet been performed or goods which have not yet been delivered. These revenues are classified on the company's balance sheet as a liability and not as an asset.

https://investinganswers.com/financial-dictionary/financial-statement-analysis/deferred-revenue-1574