4 ms·
We should be glad that public companies are forced to comply with FASB and issue GAAP financials that (since 2004) mandate that stock-based compensation be clas
by otoburb 6y ago
We should be glad that public companies are forced to comply with FASB and issue GAAP financials that (since 2004) mandate that stock-based compensation be classified as a non-cash expense. By definition, non-GAAP figures are up to the company to specify and state, which indeed means that investors should be actively updating their own models when making investment decisions if looking at non-GAAP.