NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

MI - We don’t have Advent’s balance sheet, so we don’t know all the invested capital. But, NWBO is invested somewhere in the neighbor of $10 million or more. Much of that is on the reporting - but also keep in mind that NWBO is also paying rent on space that Advent is using.

Not sure what the market rate for a startup non-operating company is in the early years. Advent only had a few employees at most prior to the ramp up.