NorthWest Biotherapeutics Inc (NWBO)

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flipper44,

NWBO revenue is booked when received. This was previously stated by them. When negotiations are complete then revenue will begin to be booked. There are certain ways that Cognate gets paid from making vaccines that is different from how they are paid for manufacturing expansion. These agreements for payment must be analyzed carefully in order to understand how NWBO expenses and payments to Cognate might be breaking down with regard to actual vaccine production. At one point there was a potential cost for payments to Cognate for about 100 non trial patients included in their quarterly payments based on my rough estimates. This cost could have been for something else but I don't know what that would be for based on the then current agreements.