Revenue recognition rules would have required the reporting of revenue and off setting expense if services provided by Synopsis or BAE were exchanged for licensing. Haven't had to learn IFRS accounting as I don't deal with public companies but those were the rules I "grew up" with. Can one of our other accountants more familiar with this confirm/correct?
I too have long believed there is another 3rd party foundry is involved. We had announced our involvement with BAE previously so if they were the 3rd party foundry refered to in the various NR's, why could they not be named? Time will tell I guess.
