RE:RE:RE:Ooodles of CASH for now, but waaay more Beech-bull ; - )Not sure I know the accounting world. But Mr Google is awfully good at pointing you to reading material if you ask him the right question. Which I did when I saw the liability instead of great earnings. Anyway, your summary seems right that it's really a fake liability just waiting to be called revenue when management wants it to be. Which they seem to want to do in small pieces over 9 years. Not sure why because Baxter gave it and can't get any of it back. In fact they have more (would be nice for shareholders to know how much and when) burning a hole in their pockets to give when management passes GO on the next milestone should they ever be inclined to do so.
If someone gave me $5 million US and said it was mine and I never need to give it back I'd certainly consider it mine and not a liability that reduces in small pieces over 9 years.