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: $105K. Running result $105K. Revenue: $105K.
- Cost of revenue: $0. Running result $105K.
- Gross profit: $105K. Running result $105K.
- Research and development: −$2.14M. Running result −$2.04M.
- General and administrative: −$1.15M. Running result −$3.18M.
- Operating income: −$3.18M. Running result −$3.18M.
- Other income: $20K. Running result −$3.16M.
- Pre-tax loss: −$3.16M. Running result −$3.16M.
- Income tax benefit: $0. Running result −$3.16M.
- Net loss: −$3.16M. Running result −$3.16M.