The new company is yet to lodge its post-merger consolidated financial statements with SEC. So, those misinformation should be cleared up after that. Some people mentioned here before that, under the US accounting practices, BARDA contract funding would be recorded as Revenue or assets on the balance sheet? If that is true, it will interesting to see what the balance sheet will look like for the new company.
"Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of Biota.
The financial statements required by Item 9.01(a) of Form 8-K will be filed by amendment to this Current Report on Form 8-K no later than January 25,
2013.
(b) Pro Forma Financial Information.
The financial statements required by Item 9.01(b) of Form 8-K will be filed by amendment to this Current Report on Form 8-K no later than January 25,
2013."
http://biz.yahoo.com/e/121115/bota8-k.html
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