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Darth,

Thanks for the explanation and maybe it does need a different thread, but I’m wondering what the difference between the two is (i.e. between Saas & “taking possession”).

I believe the difference would be how revenues are recognized on the balance sheet with licensing having more revenue recognized upfront (new 606 accounting regs) versus taking the contract amount and dividing by the number of periods (monthly is typical).

Any thoughts on that? Is the above correct and are there other differences?

Thanks,
A.J.
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