RE:RE:RE:goodbye Clara "Based on the expected sales proceeds on June 30, 2024, the Company has determined that the net book value of Clara is recoverable, and no impairment has been recorded in connection with the reclassification."
That may be so but there has already been an $11.2M impairment - see 2023 year-end report.
"The Company identified an impairment indicator for the Company's Clara sales platform and completed an impairment test based on the fair value less cost of disposal expected to be derived from the platform. An impairment was recognized on the intangible asset by $11.2 million in Q4 2023."
It's going to be interesting to see who the buyer is, what the price is, what any conditions of sale are, and so on.