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GetSeriousOK

06/04/24 6:11 PM

#15628 RE: Pacjd #15627

you mean "when and if BOOKED as revenue." Deferred Revenue is already collected.

And it only has to be shared with K2 if it came from SMI. $747,780 didn't all come from SMI so $747,780 does NOT have to be split with K2.

And the SMI payments are not split 50/50; the 8-K I shared explains how SMI money is dispersed.

And the penalty money from SMI doesn't have to be shared with K2. That would not be booked as deferred revenue.