RE:Why are they always trying to cook the bookshttps://www.bdo.ca/en/Library/Services/assurance-and-accounting/IFRSGAAP/IFRS-Canadian-GAAP-Differences-Series-Issue-01.pdf
Dude, before accusing Wi-lan of cooking the books, which is pretty serious accusation, you really ought to do some more homework on how accounting works!
The income statement, balance sheet, and statement of cash flows are related, but their unique entities that all provide color, and if you take a look at each one, you'll "recognize" that no information is being misrepresented. The cost of the patent portfolio did not show up on the Q2 income statement because it capex, and again, that's elementary accounting. We'll see ammortization of the patents as time wears on, if that makes you feel any better. The balance sheet shows an increase in accounts receivable and payable, which is a product of the acquisition and subsequent licencing, and we'll see the effect of the transactions on cash flow in the Q3 numbers.