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Re: EHRjunkie post# 57164

Wednesday, 08/03/2022 7:40:37 AM

Wednesday, August 03, 2022 7:40:37 AM

Post# of 67680
They have stated those things have happened with Velocity that are not included in the financials, the PRs say that explicitly.

The reason orders would be converted is to have Velocity be able to be reported in US GAAP accounting which is what the PR is referring, they cannot include them in the financials until they are able to report the financials on an accrual basis US GAAP reporting and not IRS cash basis.