If Ted is a muppet then @ThePig must be the Piggy helping Kermit to fame ....sorry bad joke.. couldn't help myself.
@djwally Q1, Q2 is a chance for the management to start clearing out any bad debt as revenues increase. You are right, it's impossible see what is mixed in with the receipts without the details. I am hoping for something in the 4C to show Q2's estimates.
With some luck we may see a 2nd announcement shortly after the release of the 4C.