Elite Pharmaceuticals Inc (ELTP): Tax benefits in balance sheet: So now w...

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Elite Pharmaceuticals Inc (ELTP)

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Friday, 02/16/2024 2:00:16 PM

Friday, February 16, 2024 2:00:16 PM

Tax benefits in balance sheet: So now we're showing that we have a future tax benefit, that we will be able to use going forward. So when that happens, you have to book an asset, which we have, we have a deferred tax asset on our balance sheet of $20.2 million
THIS IS MONEY WE WILL NOT PAY TO THE IRS.

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