The calculations are made using the total gross revenue.
So, each quarter you’ll have to pay: 5% x (TOTAL_QUARTER_GROSS_REVENUE - 3k).
For example, if you made 100k in a single quarter, then you own EPIC: 5% x (100k - 3k) -> $4850
The calculations are made using the total gross revenue.
So, each quarter you’ll have to pay: 5% x (TOTAL_QUARTER_GROSS_REVENUE - 3k).
For example, if you made 100k in a single quarter, then you own EPIC: 5% x (100k - 3k) -> $4850