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: $12.97M. Running result $12.97M. Revenue: $12.97M.
Cost of revenue: −$13.82M. Running result −$845K.
Gross loss: −$845K. Running result −$845K.
Costs and expenses: $12.71M. Running result $11.87M.
Pre-tax income: $11.87M. Running result $11.87M.
Pre-tax income: $11.87M. Running result $11.87M.
Income tax benefit: $967K. Running result $12.83M.
Net income: $10.9M. Running result $10.9M.

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Income statement waterfall. Revenue $12.97M. Net result $10.9M. A thin axis line marks the loss-zone boundary.

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: $12.97M. Running result $12.97M. Revenue: $12.97M.
Cost of revenue: −$13.82M. Running result −$845K.
Gross loss: −$845K. Running result −$845K.
Costs and expenses: $12.71M. Running result $11.87M.
Pre-tax income: $11.87M. Running result $11.87M.
Pre-tax income: $11.87M. Running result $11.87M.
Income tax benefit: $967K. Running result $12.83M.
Net income: $10.9M. Running result $10.9M.