Sentences with phrase «operating loss carryforwards»

Even though VaxGen does not have substantial operations, Value Investors for Change believes that the Company has valuable assets, consisting of cash and net operating loss carryforwards («NOLs»).

«We ended 2008 with $ 88 million of cash and investments on hand, have a clinically active attractive Phase II development asset, and over $ 500 million in net operating loss carryforwards (NOLs).

· Tiberius» offer still would eliminate the use of MathStar's $ 140 million net operating loss carryforwards, which could shield taxes on more than $ 10 in earnings per share, if MathStar attains sufficient profitable operations in the future;

· Tiberius» offer still would eliminate the use of MathStar's $ 140 million net operating loss carryforwards, which could shield taxes on more than $ 10 in earnings per share, if MathStar attains sufficient profitable operations in the future; and

From the 10 - K... «At December 31, 2008, VaxGen had U.S. federal and California net operating loss carryforwards of $ 168.5 million and $ 166.5 million, respectively.»

MathStar Inc's (OTC: MATH) board has rejected the $ 1.04 per share cash merger offer from PureChoice, Inc. because «the $ 1.04 per share price is less than the liquidation value of MathStar, including the value from any technology sale, and, in the Merger, MathStar's shareholders would derive no value from MathStar's net operating loss carryforwards.»

In the event that it is determined that we have in the past experienced an ownership change, or if we experience one or more ownership changes as a result of this offering or future transactions in our stock, then we may be limited in our ability to use our net operating loss carryforwards and other tax assets to reduce taxes owed on the net taxable income that we earn.

As of December 31, 2012, we had U.S. federal net operating loss carryforwards of approximately $ 298.8 million and state net operating loss carryforwards of approximately $ 216.7 million.

For more information, see «Risk Factors — Our ability to utilize our net operating loss carryforwards and certain other tax attributes may be limited» elsewhere in this prospectus.

Any limitations on the ability to use our net operating loss carryforwards and other tax assets could seriously harm our business.

Under Sections 382 and 383 of the Internal Revenue Code of 1986, as amended, or the Code, if a corporation undergoes an «ownership change,» the corporation's ability to use its pre-change net operating loss carryforwards and other pre-change tax attributes, such as research tax credits, to offset its post-change income and taxes may be limited.

We offset our federal and state taxable income through the utilization of net operating loss carryforwards.

The Company has a net operating loss carryforward of approximately $ 103,723 available to offset future taxable income through 2028.

Not exact matches

Deductions by C corporations are limited to 10 % of taxable income without regard to net operating loss and capital loss carrybacks, and carryforward is for five years.

Immediate taxable income would would be distributable, but since loss carryforwards can be paired with the capital gains, one of the main obstacles to buying back REIT CDO debt is eliminated (i.e., where to come up with the cash to pay required REIT dividends on «phantom» taxable income that is suddenly higher than actual operating cash flow?