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Novra Technologies Inc V.NVI

Alternate Symbol(s):  NVRVF

Novra Technologies Inc. is a Canada-based company, which is an international technology provider of products, systems and services for the distribution of multimedia broadband content. The Company, through its subsidiaries, offers a product portfolio, including hardware, software and services. Its products include hardware and software tailored for advanced applications in key vertical markets: video, radio, and data distribution, digital cinema and digital signage. Its areas of expertise and added value include encryption, next-generation hybrid networks (satellite/terrestrial/cloud) and efficient bandwidth utilization. It also provides products and solutions for the IP datacasting, IPTV and digital signage markets. It specializes in the transmission and reception of IP traffic over satellite, cable and terrestrial communication links. Its products include S401-DVB-S2X; S400-DVB-S2; S300V-Video; S300CA-Conditional Access; S300N-NOAAPORT; S300E-EUMETSAT; S300D, and others.


TSXV:NVI - Post by User

Comment by Ciaoon Sep 12, 2024 6:56pm
70 Views
Post# 36221330

RE:Accounting for Convertible Debt agreement

RE:Accounting for Convertible Debt agreement"Here is how to record a convertible note on the balance sheet: Classify the convertible note as a long-term liability on the balance sheet. The note represents a future obligation to repay the debt or convert it into equity shares. Record the full face value of the note under long-term liabilities."

https://www.vintti.com/blog/convertible-securities-accounting-treatment#:~:text=Here%20is%20how%20to%20record,note%20under%20long%2Dterm%20liabilities.


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