Bullboard - Stock Discussion Forum Spectral Medical Inc T.EDT

Alternate Symbol(s): EDTXF

Spectral develops devices for unmet medical needs. Sepsis occurs in 1.7M Americans/year causing 250K deaths, often caused by endotoxin. Our devices measure and remove endotoxin from the bloodstream. An FDA confirmatory trial is underway. Dialco, a Spectral sub, offers SAMI, a novel instrument for renal replacement, cleared by FDA. Dialco is seeking FDA approval for DIMI a unique home dialysis... see more

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Spectral Medical Inc > Tax loss

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Post by daviking on Aug 24, 2022 1:18am

Tax loss

If a company buys Spectal outright, what Tax Losses do they 'inherit"?

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Comment by TechOne on Aug 24, 2022 2:33am

Not 100% sure but share holder equity is a pathetic $ 2.2 million and the deficit is $ 101.2 million so that tells you the tale more or less of what the potential write-off could be.. I do hope some of the lower priced options and warrants get exercised and we don't have to chase cheap financing.. If the insiders chose not to exercise the lower priced papers, that is not ...more

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