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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10Q? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934FOR THE QUARTERLY PERIOD ENDED
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In thousands except share refers to the formatting convention used in financial statements that presents numeric data in thousands, excluding the number of shares outstanding.
Companies that prepare their financial statements in accordance with generally accepted accounting principles (GAAP) and are required to disclose certain information publicly are required to file in thousands except share.
To fill out in thousands except share, divide all monetary values by 1,000 and provide detailed notes that clarify the total shares outstanding separately.
The purpose is to simplify the presentation of financial data, making it easier for users to interpret the information without calculating large figures.
Companies must report total revenues, expenses, net income, and any other significant financial metrics in thousands, ensuring that the share count is indicated separately.
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