I posted this a week or so ago;-
I'm no accountant but if the Revenues from January to End of June was $4,831,081 and the Receipts from Customers for the same period was $1,435,000 then wouldn't the balance of $3,396,000 show as receipts from customers in the September 4C. (That's if the money has been received)
**Revenues are earned when goods are sold or services are provided; at this point, an invoice is issued to the customer for payment, after which the seller receives payment from the customer (the “receipt”). Thus, an additional difference is really just a matter of timing, where the revenue is recorded first, and the receipt is recorded later, when the customer pays.**
So if the reported receipts from customers in this 4C was $118,000 and IF that was part of the 1/2 yearly revenue then there is still 3.278M revenue which has not yet been paid by customers. So if this amount had been received in the last 3 months and this 4C showed receipts as 3.278M then there would not be nearly as much fuss as is happening. So we assume that this outstanding 3.278M will show up in the next 4c.
But the shorters and the impatient will put a negative spin on this and most likely the share price will get hammered. If you still believe then hold tight because things can turn quickly.
My opinion only and not worried.