Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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Message: epd262 / Re: Is it possible?
8
Jan 18, 2012 05:53PM

Not if signed last quarter. Possible if signed since.

PTSC's revenue recognition policy is as follows:

"Revenue from technology license agreements is recognized at the time a contract is entered into, the license method is determined (paid-in-advance or on-going royalty), and the customer is provided with the licensed technology, if applicable."

So if GE or Motorola signed before the end of 11/2011, the revenue from that contract SHOULD BE contained in the 10q PDS numbers. If done after November, then we should see the revenue in the next 10q.

Corrections welcome.

2
Jan 18, 2012 06:13PM
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