Re: your comment for Q4, $22 million USD cash receipts for work completed previously in earlier quarters.
The $20 million USD to be recognized as revenue for IC in Q4 will not be received as a disbursement until later, likely Q1, 2020.
Also, as this is design work, it is high margin and not taken into account on the product manufacturing costs outgoings, so likely a $40 million plus USD Q4.
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- Ann: Fluence September 2019 Quarterly Report Business Update
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