Spectra7 Microsystems Inc V.SEV

Alternate Symbol(s): SPVNF

Technology Semiconductors

Spectra7 Microsystems Inc. is an analog semiconductor company. The Company delivers analog semiconductors at a bandwidth, speed and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality (VR), augmented reality (AR), mixed reality, data centers and other connectivity markets. It creates silicon products that enable copper cables to be longer, thinner, lighter and run at higher performance levels. Its family of products features a patented signal processing technology used in the design of active cables and specialty interconnects in data centers, VR, AR, and other connectivity products. It provides chips, such as HT8181 HDMI 2.0 In-Cable Equalizer, VR8200 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8300 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8050 Interconnect Processor, VR8051 Interconnect Processor, GC2502 Data Center Cable Processor, and GC1122 Dual Channel 112Gb/s PAM-4 Linear Equalizer.

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Spectra7 Microsystems Inc

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Comment by Pokerchampon Aug 13, 2016 11:41am

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Post# 25138820

RE:RE:reading sedar

ArmchairAnalyst99 wrote: Hi Slagheap. AR is recorded as revenue. Not sure why you think otherwise. If AR is doubtful to be collected and allowance is setup. So the amount you see in AR on the balance sheet is recorded as revenue this quarter. When we collect it, AR will be credited and cash debited.

AR (accouns receivable) is recorded under current assets, and NOT revenues. It's clearly stated in the MD&A as well as in the following Investopediai explanation below. I tried to companre AR in Q1 but the figure is not stated in the Q1 MD&A.

BREAKING DOWN 'Accounts Receivable - AR'

On a public company's balance sheet, accounts receivable is often recorded as an asset, because there is a legal obligation for the customer to remit cash for the debt. If a company has receivables, this means it has made a sale but has yet to collect the money from the purchaser. Essentially, the company has accepted an IOU from its client.