at 25:49 why is share recognised now if revenue is recognised later. revenue is recognised after completion of condition required to fulfil the contract, then even share can be recognised later
Shares you have to recognize the day you entered into contract whether you receive the shares that day or later doesn't matter. Revenue only after receiving. We have to take the change in fair value of shares from the date of inception until we received, hence we taking 315000 at inception and 455000 at year end