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Tinroad

02/14/04 11:10 AM

#60381 RE: friendlyfred #60378

Fred, per the 10Q fine print:
"With most of our consumer electronics retailers, we do not meet the criteria for revenue recognition upon shipment and therefore only recognize the revenue as the product is sold through our customer to the ultimate end-user." Put another way, the revenues from HD1213s might not get recognized until the units are in stores. However, as I stated previously, IMHO this isn't a great deal of revenue being tied up. Even if we earn $50-60 per unit shipped (remember, the target price for the HD1213 was only $400), we're only talking $200K-240K spread over several quarters.

chwdrhed

02/14/04 1:57 PM

#60387 RE: friendlyfred #60378

Fred, maybe you lost the thread.

You asked about the revenue from the DigEplayer. I thought I heard in the webcast that 400 some k was being pushed ahead from the last quarter. Could that have been additional funds from the sale of the first 1000 units?

Did the quarterly make mention of this deferred revenue and it's source? Do you know?