Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
in response to NopainNogain2's message

I'm afraid you guys are making the same mistake that I once did.

I used to thank that "royalties" had to be ongoing payments over time based on product flow or some other criteria, and that a one-time payment was referred to, exclusively, as a "licensing fee".

I was corrected by a reliable source. Even just a one-time payment is considered a "royalty".

FWIW,

SGE

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SGE1
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