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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Comment by Deepinvestoron Feb 12, 2016 10:49am
155 Views
Post# 24552315

RE:am I missing something ........

RE:am I missing something ........
vega509 wrote: reading through the financial statement

$ 8.2M net profit
$13.1M licensing revenue (is this one time only)
$ 3.6M non-cash gain from estimate of conditionally repayable government assistance


if the licensing is one time, and the repayable debt adjustment not fixed in stone as it may be adjusted up or down, I see a loss of $8.5M for the period, (8.2-13.1-3.6)

am I reading this wrong??


I'm assuming you do not know the definition of "licensing revenue". So here it is:

https://www.investopedia.com/terms/l/licensing-revenue.asp
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