CBAK Energy Technology, Inc. CBAT Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Government Grants
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Government Grants at other companies
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Where this comes from
Reported directly by CBAK Energy Technology, Inc. in its filing.
Tagged under the XBRL concept cbat:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredGovernmentGrants.
The official record: CBAK Energy Technology, Inc.’s 10-Q, filed November 9, 2023, on SEC EDGAR. View the filing →
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Questions, answered.
- What is CBAK Energy Technology, Inc.'s business combination recognized identifiable assets acquired and liabilities assumed deferred government grants?
- CBAK Energy Technology, Inc. (CBAT) reported business combination recognized identifiable assets acquired and liabilities assumed deferred government grants of -$290.79K in Q3 2023.
- What does business combination recognized identifiable assets acquired and liabilities assumed deferred government grants mean?
- This represents the fair value of deferred government grants acquired as part of a business combination. It reflects the portion of government assistance that remains to be recognized as income over the useful life of the related assets or performance obligations. Monitoring this helps investors understand future non-operating income streams and the company's reliance on state-supported incentives.