Just for clarity, the first reference to recognition of Ohm...

Just for clarity, the first reference to recognition of Ohm revenue was in the July 28 2017 ASX Market Release and said:

"The Company's policy will be to begin recognising revenues only after any evaluation period has expired and the customer has transitioned to a paid contract. At that point, revenue will be recognised ratably over the contracted period. For example, if a client signs a 3-year contract for $54k, we will recognise only $1,500 per month - even if the client pays 100% of the total contract value up front. While this means that revenues will layer on more slowly, we consider this a more prudent and appropriate approach.......".

In view of the above, I don't think that element qualifies for a "fail".