NorthWest Biotherapeutics Inc (NWBO)

[brazen22]

I agree you were not predicting the settlement amount. My point was only about the disclosure threshold being discussed.

I also agree current assets have nothing to do with calculating the settlement value itself. But they are not “totally unrelated” to the disclosure discussion. Under the legal-proceedings disclosure framework, current assets can be used as a reference point for whether a damages claim is material enough to require disclosure.

So the settlement amount is not based on current assets, but the disclosure/materiality analysis may still look at current assets. That is why the more current $5.517M current-assets figure matters if people are using the 10% reference point.