Alas I think the current inventory can not be capi
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Posted On: 03/21/2019 4:28:02 PM
Alas I think the current inventory can not be capitalized.
The current inventory can not be capitalized, cydy stated that themselves in latest Q10 (because BLA not yet filed).
So any costs regarding this inventory is taken into account in the profit and loss account.
It will not be possible to capitalize current inventory later (when BLA is filed) as written down pre launch inventory can not be written back up once approval is obtained.
Factually we’ve got written down inventory so it would be against accounting rules to put these on the balance sheet (on cost basis) even if future economic benefit is probable.
(See your own posted screenshots).
The current inventory can not be capitalized, cydy stated that themselves in latest Q10 (because BLA not yet filed).
So any costs regarding this inventory is taken into account in the profit and loss account.
It will not be possible to capitalize current inventory later (when BLA is filed) as written down pre launch inventory can not be written back up once approval is obtained.
Factually we’ve got written down inventory so it would be against accounting rules to put these on the balance sheet (on cost basis) even if future economic benefit is probable.
(See your own posted screenshots).
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