News Focus
News Focus
Followers 364
Posts 17907
Boards Moderated 3
Alias Born 04/02/2009

Re: 10bags post# 5837

Wednesday, 07/17/2013 6:45:48 PM

Wednesday, July 17, 2013 6:45:48 PM

Post# of 6072
Kurt A. Gustafson - Chief Financial Officer, Principal Accounting Officer and Executive Vice President

Sure. So specifically for the CVR, there's a number of onetime milestones, and I can run through those with you here just to go through some of the details. The first one is hit -- there's a $5 million milestone. It's hit after net sales hit $30 million. And then there's a $10 million milestone at $60 million in sales, $25 million at $100 million and then $50 million at a $200 million sales point and $100 million milestone when sales hit $400 million in a calendar year. And then there's one additional milestone. That's $5 million upon the approval of Menadione. So I think that outlines the full amount under the CVR.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today