Trying to reconcile the refund to the R&D expense. Does anyone know how its determined?
I've listed another biotech that seems to spend less and get back more. They are US based as well.
AVR
$1.4 Million "refund"
$22 Million spend on R & D
ATH
$3.9 Million Tax "refund
13.3 R & S expense
Trying to reconcile the refund to the R&D expense. Does anyone...
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