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: $405K. Running result $405K. Revenue: $405K.
- Cost of revenue: $0. Running result $405K.
- Gross profit: $405K. Running result $405K.
- Research and development expenses: −$6.69M. Running result −$6.29M.
- General and administrative expenses: −$3.66M. Running result −$9.95M.
- Operating income: −$9.95M. Running result −$9.95M.
- Other income: $122K. Running result −$9.83M.
- Pre-tax loss: −$9.83M. Running result −$9.83M.
- Income tax benefit: $0. Running result −$9.83M.
- Net loss: −$9.83M. Running result −$9.83M.