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Re: Am I wrong here?

in response to Am I wrong here? by DISCHINO
posted on Nov 17, 09 09:01AM

From the 10-Q

Revenues: Patent license = $1,250,000

Cost of Revenues: Patent license = $433,000

Cost as a percentage of Revenue = 35.4%

How did we get a break on the 40% cost to DM?

Unless Samsung Settlement was $1,107,500 and the 40% cost would have been equal to the $433,000

And that would mean that we got $142,500 Patent License Revenue that did not come via DM, and it had no cost.

All good questions for those attending the SHM.

btw on a financial statement you never show revenue after costs. DM's portion is the Cost of Revenues: Patent License.

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