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: $994K. Running result $994K. Revenue: $994K.
- Cost of revenue: $0. Running result $994K.
- Gross profit: $994K. Running result $994K.
- Research and development: −$8.51M. Running result −$7.51M.
- Selling, general, and administrative: −$5.41M. Running result −$12.93M.
- Goodwill impairment: $0. Running result −$12.93M.
- Operating income: −$12.93M. Running result −$12.93M.
- Other expense: −$9.21M. Running result −$22.14M.
- Pre-tax loss: −$22.14M. Running result −$22.14M.
- Income tax expense: −$6K. Running result −$22.15M.
- Net loss: −$22.15M. Running result −$22.15M.