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Posted On: 09/12/2018 12:15:51 PM
Post# of 72440
bejamin a lot to read in that 10k. You probably glanced over it.
Fiscal 2018 compared to Fiscal 2017 - Other expense, net increased during fiscal 2018 primarily related to the increase in other expense of $2,218,000. The commitment fee allocated to the future milestone funding of $2.2 million was fully expensed under Other Expenses, because it is unlikely that the Company will achieve any of the three milestones by September 30, 2018. (see Note 13 to the accompanying financial statements).
We won't need these freaking milestones anyway. OM IBD is going to pave the way.
ALANC How early was the 10k?
Fiscal 2018 compared to Fiscal 2017 - Other expense, net increased during fiscal 2018 primarily related to the increase in other expense of $2,218,000. The commitment fee allocated to the future milestone funding of $2.2 million was fully expensed under Other Expenses, because it is unlikely that the Company will achieve any of the three milestones by September 30, 2018. (see Note 13 to the accompanying financial statements).
We won't need these freaking milestones anyway. OM IBD is going to pave the way.
ALANC How early was the 10k?
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