"All our offers appear to be preliminary. We can collaborate with other companies, but after two years of collaborating on a product, they still cannot sign a contract to license Akida. Quarterly results are cash receipts only after fees have been paid, long after a contract is signed."
Signing a contract might also be done under NDA.
I am holding to my view that likely the first we know about the existence of contracts will be increasing revenue in the Quarterly reports.
The accompanying text in the 4C may simply say "License fee income of $X was received during the quarter from IP license contracts."
Just my opinion.
May not be correct.
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