Every posting cites its governing paragraph. A position and a citation, not accounting advice.
TokenCapEx
Cost of revenueIllustrative scenario

Production inference routed to cost of revenue

The posting

Production inference feeding a paid product is cost of revenue, not operating expense. Routing it correctly sizes AI gross margin and unit economics. Figures below are an illustrative example, not client data, to show the gross-margin consequence of the line choice ASC 350-40-35.

The posting

Cost of revenueIllustrative example, not client data
CapEx / Balance sheet
OpEx / P&L

No entry

DrCost of revenue$300,000
CrCash$300,000
A quarter of production inference for a paid product. Illustrative example, not client data.

The gross-margin consequence

On $1,000,000 of related revenue, routing $300,000 of inference to COGS reports 70% gross margin. Mislabeling the same $300,000 as operating expense would report 100% gross margin and understate the true cost of serving, an unit-economics distortion investors will unwind in diligence.

Posts to

Primary sources

Ledger current as of 2026-07-24. A position and a citation, not accounting advice. See how we cite.