Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Already have NRE?

Quan Gork pulled this tidbit and posted it yesterday evening. Sounds like an NRE has already been received. If it will be recognized in first 1/4 2017 and this is 2nd 1/4 now, it would stand to reason it is already in the books for 1st 1/4. Right?

MD&A page 12

The reduction in Q4 sales was a result of backlog pushed into Q1 2017 due to production challenges with one large customer. Expected Q4 NRE was also delayed and will not be recognized until Q1 2017.

 

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