NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

The exact number is reported on the 10K on the next to last line of the balance sheet.

Negative $362,948M

It is one of those accounting numbers that does not reflect what you might intuitively think. But it is a formal number on the quantitative listing standards.

BTW, the reason for the large negative number is not the accumulated losses over the years. It is the outstanding warrants. W/o the warrants they would be about -$8M. That takes into account the value of Sawston, any cash and such. But negated by the debt and 12M of accounts payable.

Patents are often not a valued asset. The Flasworks patents are on the books at $1.3M because they purchased them. But their own are not as is normal.

None of this is a comment on what anything is "worth".