RE:Question on financials reporting “Mark to Market” in investopedia and there you will find your answer and with this 67% increase in throughput for Generation 1 of the nano reactor to be realized in Generation 2 and so on..., we will all live much wealthier if you’ve INVESTED legitimately and be happily ever after grateful for having the acumen to invest in such a gem.
If one is to be intuitive and recognize the sewing the seeds of doubt by entities in a surreptitiously clandestine manner.. and sell... wellllllllllll... that’s on them because all of us cannot be in the business of legislating stupidity. Know what I’m sayin’ HomeyClause?
ClubberLang01 wrote: Can someone explain what is rationale for choosing to use change in fair market value of their ownership interest in HPQ as a line item on income statement. Like, PYR revenues were $17M last year but then the change in value in HPQ added $44M. B that's just due to change in share price....not actual revenue or income. So instead of a $1.3M loss it's $40++M "total revenue". I thought it was more typical to include actual profit from ownership interests in other companies (which in this case would be a loss). I just don't understand why you would choose to include the change in market value of a related penny stock which is highly volatile and that has little or no revenue at present. And while it helps to make it appear revenue/EPS at Pyro was better than actual, what happens in Q1 2021 when HPQ share price has plummeted....will Pyro show a similar loss on income statement due to adjustment in fair market value of HPQ?
I just would've thought Pyro would record the investment at book value on balance sheet and then include any % of net income or loss on their income statement based on their ownership (and perhaps make adjustments due to impairment or goodwill on the balance sheet).