TiVo 2012 Annual Report Download - page 18
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Please find page 18 of the 2012 TiVo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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If we fail to properly estimate, manage, and perform the development and engineering services for our television service
provider customers, we could incur additional unexpected expenses and losses which could reduce or even eliminate any profit
from these deployment arrangements, in which case our business would be harmed.
Many of our current deployment arrangements with television service providers require us to incur significant upfront
development and engineering expenses for which we are in total or in part compensated through future service fees received
after a solution is launched.
In the event of an early termination of these arrangements with our television service provider customers prior to
deployment, we would be forced to recognize any deferred development costs which we have incurred but not recognized
without corresponding revenues from development or subscription fees, and in such an event we would be forced to incur
unexpected losses.
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