INEO Tech Corp. Reviews $206,625 Revenue After Bon Agreement Breach

Reuters
2026.01.21 12:16
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INEO Tech Corp. is reviewing the accounting implications of breaches by Bon Intelligence Inc. under a license agreement, which resulted in $206,625 of recognized revenue for the quarter ending June 30, 2025. This revenue may be subject to write-off or adjustments based on the review's outcome. The continuation of the agreement with Bon is uncertain, as Bon has a contractual cure period to rectify the breaches.