4 ms·
This is just GAAP, right? If you know what Gross Profit is - negative Gross Profit is a fine concept. Why have a separate line item & term for positive and neg
by onlyrealcuzzo 4y ago
This is just GAAP, right?
If you know what Gross Profit is - negative Gross Profit is a fine concept. Why have a separate line item & term for positive and negative?
- RC_ITR 4y agoIf you look on their 10-Q/K's, Rivian refers to 'Net Loss' instead of 'Net Income.' The line items can be changed in that way and it still qualifies for GAAP.