Replies to post #36243 on XpresSpa Group Inc (XSPA)

[postyle]

You are talking about something unrelated to the original question when the person specifically asked about licensing revenue.

Please stay on topic as I can not continue off-topic discussions.

[nsomniyak]

The receipt of the patents will NOT be recognized on the income statement.

The patent is an intangible asset - it would be assigned a value (the amount paid for it) on the balance sheet.

If and when those patents are licensed and result in monies coming in (or if someone is found in infringement of them and made to pay), THEN the dollars coming in would go on an income statement.