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: $2.77M. Running result $2.77M. Revenue: $2.77M.
- Cost of revenue: $0. Running result $2.77M.
- Gross profit: $2.77M. Running result $2.77M.
- Research and development expense: −$16.27M. Running result −$13.51M.
- General and administrative expense: −$4.1M. Running result −$17.6M.
- Operating income: −$17.6M. Running result −$17.6M.
- Other income: $380K. Running result −$17.22M.
- Pre-tax loss: −$17.22M. Running result −$17.22M.
- Income tax expense: −$60K. Running result −$17.28M.
- Net loss: −$17.28M. Running result −$17.28M.