Replies to post #101010 on Wave Systems Corp. (fka WAVXQ)

[hnstabe]

thanks for the explanation of A/R and A/P. I keep forgetging what little I know about accounting. Would you be kind enough to explain for me Wave's (Finneys)numbers. Revenue=$335,000 and A/R=$416,000. How can Revenue be less than A/R? Then, he also said there was $512,000 deferred. How does that come about? thanks, I hope this is not too painful to either of us.
hnstabe