mschere, why do you refuse to believe what the company has stated about the Panasonic license? The license and royalties will be triggered upon issuance of the necessary patents in Japan. It has nothing to do with the shipment of any specific phone. Panasonic has been selling phones that utilize our licensed technology for a while now and we still have not booked any revenue related to 3g BECAUSE the patents have not been issued yet. Please stop posting that when they ship this phone or that phone that it will trigger the royalties, it won't.
They are building up some royalties that will be recorded in a lump sum when the patents are approved, how much is anyone's guess, and when they will be reported is also anyone's guess. The royalties began accruing on 1/1/03 I believe. When the patents are approved there will be a lump sum recognition of the royalties from the 1/1/03 forward. I hope they have already utilized their entire prepayment of nearly $20 million.
News 
Market Data 
Discover 
AI
