Hello what exactly does this mean in the Indie Limited Commercial License area:

“The annual gross revenue of commercial entities and contracting entities does not exceed $100K USD”

1. Does it mean that my company, in order to be deemed “indie”, must not currently exceed $100k yearly?

…or…

2. Does it mean that I cannot exceed $100k when using Houdini Indie?

Sorry, but it's not clear to me.

http://www.sidefx.com/index.php?option=com_content&task=blogcategory&id=244&Itemid=399 [sidefx.com]

It means 1.

It also means that if you are acting as a contractor to another company, you can supply them images. However if they access your actual houdini files, then they are considered to be using your license, and are also tied to its conditions. So, if their income is greater than 100k, then you are not considered indie.