Jacobs issues Going Concern warning

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anonymous

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From Novavax 10k: "Given our current cash position and cash flow forecast, and significant uncertainties related to 2023 revenue, funding from the U.S. government, and our pending arbitration with Gavi, substantial doubt exists regarding our ability to continue as a going concern through one year from the date that the financial statements included in this Annual Report were issued."
 






anonymous said:
From Novavax 10k: "Given our current cash position and cash flow forecast, and significant uncertainties related to 2023 revenue, funding from the U.S. government, and our pending arbitration with Gavi, substantial doubt exists regarding our ability to continue as a going concern through one year from the date that the financial statements included in this Annual Report were issued."
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Says the CEO with a degree from SUNY
 












anonymous said:
Says the CEO with a degree from SUNY
Click to expand...

I'm not a huge fan of Jacobs, but are you implying that he is wrong because he doesn't have a degree from an elite school?

Perhaps you should look at the company's balance sheet $1.7b in current assets, $2.5b in current liabilities one doesn't need to be a financial genius to know that isn't sustainable.
 
























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