Elite Pharmaceuticals Inc (ELTP): I disagree with your profit split accoun...

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Re: Mophron post# 391772

Thursday, 11/30/2023 11:32:14 AM

Thursday, November 30, 2023 11:32:14 AM

I disagree with your profit split accounting and overall profitability comments. The income statement includes the profit split in the period it’s incurred as an expense. What doesn’t get paid out simply sits on balance sheet as a liability. The current accounting is correct.

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Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2024 09:51:19 PM
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Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:05:53 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
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