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PTHS PTHS Amended Sato license — Convertible fees allocated to royalty

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IRDLicense Transfer Fee — Contract Asset, Reclassification to Accounts Receivable Related to Costs Billed under License Agreement
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RIOTAmortization Of License Fee Revenue
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SSNCLicense And Maintenance — Allocated Share Based Compensation Expense
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INVARoyalty — Capitalized Contract Cost Amortization
$3.46M0.0%
IMM
IMMRFixed Fee Licenseand Per Unit Royalties — Revenue
$3.4M-59.7%

Other financials

Income statement

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Revenue$10.9M
Gross profit$9.2M
Operating income-$13.1M-614%
Net income-$10.2M-420%
EPS (diluted)-$3.09+3.7%

Balance sheet

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Cash & equivalents$32.0M+24,250%
Total debt$29.6M
Total equity$35.1M+937%
Total assets$145.4M+15,855%

Cash flow

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Operating cash flow-$13.1M-1,977%
CapEx$194.0K
Free cash flow-$13.3M-2,008%

Valuation

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Market cap$98.22M+75.4%
Enterprise value$95.89M
P/S3.6×

Profitability

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Gross margin79.6%
Operating margin-157.7%
Net margin-186.2%
FCF margin-60.8%

Returns & leverage

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Return on equity-333.8%
Debt / equity0.8×
Current ratio2.8×+2.6×

Where this comes from

Reported directly by PTHS in its filing.

Tagged under the XBRL concept pths:ContractualObligationLiabilityConvertibleFeesAllocatedToRoyalty.

The official record: PTHS’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PTHS's amended sato license — convertible fees allocated to royalty?
PTHS (PTHS) reported amended sato license — convertible fees allocated to royalty of $33K in Q1 2026.
What does amended sato license — convertible fees allocated to royalty mean?
This represents the portion of licensing or upfront fees that have been reclassified or allocated specifically toward future royalty obligations under the amended Sato agreement. It helps clarify how initial capital outlays are being amortized or applied against ongoing revenue-sharing requirements. This is important for understanding the effective cost structure of the licensed technology.