NorthWest Biotherapeutics Inc (NWBO)

[learningcurve2020]

I know if it’s stolen/lost it can be written off. 🤷‍♀️

Common Scenarios for Removal
Sale: Remove the asset and record proceeds, gain, or loss.
Trade-in: Remove the old asset and add the new one, adjusting values.
Stolen/Lost: Remove the asset and record a loss.
Scrapped/Abandoned: Remove the asset, often resulting in a loss if it has remaining book value.
Fully Depreciated: If still in use, it stays on the books at zero book value; if disposed, its cost and depreciation are zeroed out.