RE:RE:RE:RE:RE:CCIll try and explain myself in an other way...sometimes i dont explain whats in my head to computer the same way haha
So Q1(jan1-march31),Q2(april1-june30),Q3(july1-sept30) have a 45 day grace period following the final day of the quarter to report finiancials to shareholders
any income "recieved" within each quarter has to be reported..
any income that has not been recieved within this quarter does not have to be reported until the following quarter
so for example if SZ tested for a nursing home on august 1st.....this revenue will not be realized if invoiced until/within 45 days later which falls within Q 4
therefore SZ will not have included this revenue in Q3 even though the revenue was recieved within the 45 days
IMO this is how understand it...
revenue recieved within the quarter is what we are shown...not revenue recieved after the Q's ending date..... even though the testing was done within the quarter
i hope this helps a bit more......im no accountant obviously....so if im wrong im all ears and will learn something new haha