The software revenue comes in a number of types: Development, Deployment, Support, One-time Licenses, Recurring Licenses. Because most of the new clients are working through developmenet and deployment, that revenue outweighs the recurring at the moment. Some clients have also opted to pay part of the recurring licenses up-front. Net result is a growing recurring revenue base punctuated by large lumps of deployment fee income. As the number of deployed customers increases, the recurring revenue should begin to overtake the lumpy new deployment revenue and show a steady "up-graph" with lumps, but relatively smaller ones.
ATV Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
