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kabunushi

01/04/26 4:25 PM

#806926 RE: QL300 #806923

But the financial events as of the acquisition in late 2025 shouldn't be reflected in 2024, should they? And BTW, the 2024 Advent statement clearly states that the write-off was taken and reflects that in the balance sheet and income statements. And if the AP liability by NWBO is written off for whatever strange reason that might be, that has financial consequences to NWBO. Also, the acquisition agreement didn't say any AP will get written off; it specifically says the current balance has to be paid.

The main question is why it should be written off under any circumstances; it's most definitely collectable as NWBO continues to be solvent. They are quite able to borrow what they need.