Replies to post #55898 on NorthWest Biotherapeutics Inc (NWBO)

[koman]

"NWBO revenue is booked when received." Doc Logic
"NWBO may report on a cash basis -- when payment is received." Flipper

Doc, Are you just rephrasing Flipper's statement?
You both must not have taken Accounting 101. Revenue is recognized when it earned and NOT when it is received.

[flipper44]

NWBO revenue is booked when received. -- Doc Logic

Yes. That is my position as well, and because reimbursement price from the Germans has not been resolved, whatever treatment costs are owing NWBO have not been received yet.