The Accountant
Active Member
BTW, we have to see if they reserve something for CEO compensation. That can really hurt gaap bottomline.
At the moment I am going to estimate Q2 Stock Based Compensation (SBC) to be equal to Q1.
Elon's CEO Award vesting will increase SBC by $22m (see excerpt from Q1 10Q below) but I am assuming this will be offset by the freezing of new stock option awards recently announced by Tesla. I will drill more into this when I work on my Q2 forecast.
If the first tranche under the 2018 CEO Performance Award vests during the second quarter of 2020 as currently expected, the remaining unamortized expense of $22 million for that tranche, which was expected to be recognized in the third quarter of 2020 as determined on the grant date, would be accelerated into the second quarter of 2020
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