Income statement waterfall. Green diagonal stripes add to the running result, red diagonal stripes subtract from it, and a thin axis line marks the loss-zone boundary.
- Revenue: $1.66M. Running result $1.66M. Revenue: $1.66M.
- Cost of revenue: −$772K. Running result $885K.
- Gross profit: $885K. Running result $885K.
- Selling, general and administrative, including stock-based compensation of $14 and $33 for the three months ended June 30, 2026 and 2025, respectively, $1,726 and $869 for the six months ended June 30, 2026 and 2025, respectively: −$1.44M. Running result −$556K.
- Research and development: −$332K. Running result −$888K.
- Operating income: −$888K. Running result −$888K.
- Other expense: −$124K. Running result −$1.01M.
- Pre-tax loss: −$1.01M. Running result −$1.01M.
- Income tax benefit: $0. Running result −$1.01M.
- Net loss: −$1.01M. Running result −$1.01M.