Ann: Half Yearly Report and Accounts, page-16

Can anyone interpret the following for me? Try as I might I can't make heads or tails of it. Seems deliberately cryptic to me. I can't see it being related to Establishment Labs. Is something going on that we are unaaware of or have I missed something?

• Licence revenue.The Group entered into a fixed term licence arrangement with a customer to provide use of to specific intellectual property owned by the group to permit certain research and development activity to be performed by the customer with the objective to develop new commercial products. The arrangement’s performance condition is satisfied on delivery of the licence, with no further requirements to enhance the intellectual property. The revenue recognised reflects the consideration to which the Group expects to be entitled to for transfer of the licence, and is recognised on a point in time basis, based on control of the licence being transferred and there being no further ongoing obligations required over the licence term.The Group is entitled to further revenue from the delivery of the licence upon the customers achievement of certain milestones. However, given there is uncertainty as to whether these milestones will be achieved, revenue is currently constrained and will be recognised when uncertainty is resolved