Ribbon finance the market capitalization of Ribbon

The market capitalization of Ribbon Finance stands at around $220M, with analysts eyeing a possible retest of $0.32 if Bitcoin sustains above $65K and altcoins follow momentum trends. But by then, he and Richard were already on their way to cashing out. Tax Effect of Non-GAAP Adjustments The Non-GAAP income tax provision is presented based on an estimated tax rate applied against forecasted annual non-GAAP income. The Non-GAAP income tax provision assumes no available net operating losses or valuation allowances for the U.S. because of reporting significant cumulative non-GAAP income over the past several years. The Company is reporting its non-GAAP quarterly income taxes by computing an annual rate for the Company and applying that single rate (rather than multiple rates by jurisdiction) to its consolidated quarterly results. The Company expects that this methodology will provide a consistent rate throughout the year and allow investors to better understand the impact of income taxes on its results. Due to the methodology applied to its estimated annual tax rate, the Company's estimated tax rate on non-GAAP income will differ from its GAAP tax rate and from its actual tax liabilities. Ribbon Finance saw a rise in whale transactions this week, with over $1.2M in large trades, an indicator of institutional positioning ahead of possible governance updates. Market sentiment remains cautiously optimistic.