Friday, August 26, 2022 10:28:31 AM
And yet the notes to the financial statements include:
There is no patent litigation going on now but since the Therium contingent payment is still on the balance sheet maybe that deal stays alive in the event there is future litigation. Generally, courts don't look kindly on contracts that don't have end dates: even if the deal with Therium says "we get a piece of any litigation proceeds for the next 20 years" that would make sense. Maybe there is a deadline in the actual Therium contract but the 10-Q doesn't mention it.
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