Replies to post #42574 on Sphere 3D Corp (ANY)

[Hugodrax]

Indeed, ANY has $51.6M of intangible assets PLUS $44.3M of Goodwill on its books. That is $95.9M out of total assets of $131M.

If they write that off they will fail the asset and shareholder equity tests for the NASDAQ listing even if the price is over $1.

But that doesn't matter. What matters is knowing how they expect to meet payroll in October.