Replies to post #93596 on MyDx Inc. (fka MYDX)

[RadioSilent]

You're making the assumption that the tooling isn't "complete," or isn't usable. Under those scenarios you would, indeed, write the tooling asset off.

But if the tooling is being used in production, then it's a fixed asset just like any other, and would be depreciated. You wouldn't see the asset amount decreasing over time.