RE:RE:RE:Canaccord… What you say Doug?The cash balance for June 30 shown on the balance sheet is not the same as the actual cash balance they had in the bank at that moment.
The Viziya settlement amount was expensed in Q2. It was therefore taken out of cash FOR ACCOUNTING PURPOSES.
The actual payment was indeed made in Q3. And Quarterhill may have had the discretion to save the accounting of it for Q3. If they had then I'm pretty sure it would have appeared on the Q2 balance sheet as a payable (with the ACCOUNTING PURPOSES cash balance roughly higher by that same amount).
If Quarterhill did have discretion re reporting it in Q2 or Q3 then you'd have to say they were being conservative in their reporting by putting it in the Q2 numbers. And in accounting, at least, you're supposed to be conservative.