AVII » Topics » Accounts Receivable

These excerpts taken from the AVII 10-K filed Mar 10, 2009.

Accounts Receivable

 

Accounts receivable are stated at invoiced amount and do not bear interest as they are due within twelve months. Because a majority of accounts receivable are from the U.S. government, an allowance for doubtful accounts receivable is not considered necessary. Amounts included in accounts receivable are as follows:

 

As of December 31,

 

2008

 

2007

 

 

 

 

 

 

 

Research contract

 

$

4,971,495

 

$

2,837,615

 

Grant

 

 

11,899

 

Miscellaneous

 

 

20,246

 

 

 

 

 

 

 

Accounts receivable

 

$

4,971,495

 

$

2,869,760

 

 

Accounts Receivable



 



Accounts receivable are stated at invoiced amount
and do not bear interest as they are due within twelve months. Because a
majority of accounts receivable are from the U.S. government, an allowance for
doubtful accounts receivable is not considered necessary. Amounts included in
accounts receivable are as follows:



 

































































As of December 31,



 



2008



 



2007



 



 



 



 



 



 



 



Research contract



 



$



4,971,495



 



$



2,837,615



 



Grant



 





 



11,899



 



Miscellaneous



 





 



20,246



 



 



 



 



 



 



 



Accounts receivable



 



$



4,971,495



 



$



2,869,760



 




 



These excerpts taken from the AVII 10-K filed Mar 17, 2008.

Accounts Receivable

 

Accounts receivable is stated at invoiced amount and do not bear interest. An allowance for doubtful accounts receivable is not necessary since the collectability of individual accounts receivable is known by the company. Amounts included in accounts receivable are as follows:

 

As of December 31,

 

2007

 

2006

 

 

 

 

 

 

 

Research contract

 

$

2,837,615

 

$

45,846

 

Grant

 

11,899

 

5,652

 

Miscellaneous

 

20,246

 

 

 

 

 

 

 

 

Accounts receivable

 

$

2,869,760

 

$

51,498

 

 

Accounts Receivable



 



Accounts receivable is stated at invoiced amount and do not bear
interest. An allowance for doubtful accounts receivable is not necessary since
the collectability of individual accounts receivable is known by the company.
Amounts included in accounts receivable are as follows:



 



































































As of December 31,



 



2007



 



2006



 



 



 



 



 



 



 



Research contract



 



$



2,837,615



 



$



45,846



 



Grant



 



11,899



 



5,652



 



Miscellaneous



 



20,246



 





 



 



 



 



 



 



 



Accounts receivable



 



$



2,869,760



 



$



51,498



 






 



This excerpt taken from the AVII 10-K filed Nov 5, 2007.

Accounts Receivable

 

Accounts receivable is stated at invoiced amount and do not bear interest. An allowance for doubtful accounts receivable is not necessary since the collect ability of individual accounts receivable is known by the company. Amounts included in accounts receivable are as follows:

 

As of December 31,

 

2006

 

2005

 

 

 

 

 

 

 

Research contract

 

$

45,846

 

$

1,200,000

 

Grant

 

5,652

 

36,446

 

 

 

 

 

 

 

Accounts receivable

 

$

51,498

 

$

1,236,446

 

 

This excerpt taken from the AVII 10-K filed Mar 16, 2007.

Accounts Receivable

Accounts receivable is stated at invoiced amount and do not bear interest. An allowance for doubtful accounts receivable is not necessary since the collect ability of individual accounts receivable is known by the company. Amounts included in accounts receivable are as follows:

As of December 31,

 

2006

 

2005

 

 

 

 

 

 

 

Research contract

 

$

45,846

 

$

1,200,000

 

Grant

 

5,652

 

36,446

 

 

 

 

 

 

 

Accounts receivable

 

$

51,498

 

$

1,236,446

 

 

This excerpt taken from the AVII 10-K filed Mar 16, 2006.

Accounts Receivable

 

Accounts receivable is stated at cost. An allowance for doubtful accounts receivable is not necessary since the collect ability of individual accounts receivable is known by the company. Amounts included in accounts receivable are as follows:

 

As of December 31,

 

2005

 

2004

 

 

 

 

 

 

 

Research contract

 

$

1,200,000

 

 

Grant

 

36,446

 

$

276,437

 

Interest

 

 

72,226

 

Miscellaneous

 

 

20,000

 

 

 

 

 

 

 

Accounts receivable

 

$

1,236,446

 

$

368,663

 

 

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