Hey Gus. I believe there is a combination of revenue that was booked before and after payment in previous quarters. Generally speaking, product is paid for in advance, once on board the ship (final payment - after initial deposit), or on delivery (final payment - after initial deposit).
The RBCGO deal is different. As far as I'm aware, product is paid for once sold, with Zoono covering delivery costs and RBCGO covering all costs within China. The $470k in the q report is Zoono's share of revenue once all product is sold.
As far as the other (non RBCGO) nearly $400k in cash to be received is concerned, I believe there was a delay in (customs) approvals from one customer, so shipment was delayed. I don't know about the accounting treatment but I suspect revenue was booked when the deposit was paid.
Hey Gus. I believe there is a combination of revenue that was...
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