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player1234

04/16/23 11:34 AM

#48930 RE: TenKay #48928

If RM took delivery (FOB) and paid, as per the contract, but there are contingencies, that still goes under deferred revenue for the company until the contingencies are met. So the delivery by itself, is not the complete qualifier.

If RM, didn't pay, then it shows up under inventory no matter what.

Some answers will show up in the financials with how the UNCC revenue is handled since that closed the last day of the last quarter
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Magnum7419

04/16/23 12:00 PM

#48932 RE: TenKay #48928

You’re exactly right it’s real revenue now :-)