InCoax Networks AB activates development costs
The InCoax Networks AB Board now assess fulfilment of criteria for activation of development costs according to the K3 requirements. As a result, development costs directly related to the development and testing of specified and unique products will be reported as immaterial fixed assets.The Board's assessment is based on the fact that InCoax now sees a clear demand for the company's products and together with Operator customers can make a better forecast for the future sales of both the current product line and the new one that is under development in close collaboration with a major Tier-