ubhayaṁ smarataḥ puṁsaḥ
prasvāpa-pratibodhayoḥ
anveti vyatiricyeta
taj jñānaṁ brahma tat param
ubhayam - both types of consciousness (sleep and wakefulness); smarataḥ - remembering; puṁsaḥ - of the person; prasvāpa - of consciousness during sleep; pratibodhayoḥ - and of consciousness while awake; anveti - extends through; vyatiricyeta - may reach beyond; tat - that; jñānam - knowledge; brahma - the Supreme Brahman; tat - that; param - transcendental.
In knowledge the living entity is qualitatively one with the Supreme Brahman, but the quantity of the Supreme Brahman is not the same as that of the living entity, who is part of Brahman. Because the living entity is Brahman in quality, he can remember the past activities of dreams and also know the present activities of wakefulness.