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: $2.96M. Running result $2.96M. Collaboration Revenue: $880K. Grant: $2.08M.
- Cost of revenue: $0. Running result $2.96M.
- Gross profit: $2.96M. Running result $2.96M.
- Research and development, net: −$17.52M. Running result −$14.56M.
- General and administrative: −$10.99M. Running result −$25.55M.
- Operating income: −$25.55M. Running result −$25.55M.
- Other income: $1.76M. Running result −$23.79M.
- Pre-tax loss: −$23.79M. Running result −$23.79M.
- Income tax benefit: $0. Running result −$23.79M.
- Net loss: −$23.79M. Running result −$23.79M.