XIDE » Topics » Fresh Start accounting adjustments

This excerpt taken from the XIDE 10-K filed Jun 29, 2005.

Fresh Start accounting adjustments

 

As a result of our adoption of Fresh Start accounting, upon consummation of the Plan on the Effective Date, the Company recorded certain adjustments to assets and liabilities to reflect their fair values. The Fresh Start adjustments resulted in a gain of $228,371.

 

This excerpt taken from the XIDE 10-Q filed Feb 14, 2005.

Fresh Start accounting adjustments

 

As a result of our adoption of Fresh Start accounting, upon consummation of the Plan on the Effective Date, the Company recorded certain adjustments to assets and liabilities to reflect their fair values. The Fresh Start adjustments resulted in a gain of $228,371.

 

EXCERPTS ON THIS PAGE:

10-K
Jun 29, 2005
10-Q
Feb 14, 2005
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