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: $1.95M. Running result $1.95M. Aerospace: $1.16M. Industrial: $685K. Research One: $113K.
- Cost of revenue: −$1.62M. Running result $329K.
- Gross profit: $329K. Running result $329K.
- Research and development: −$685K. Running result −$356K.
- Selling: −$232K. Running result −$588K.
- General and administrative: −$971K. Running result −$1.56M.
- Operating income: −$1.56M. Running result −$1.56M.
- Other income: $187K. Running result −$1.37M.
- Pre-tax loss: −$1.37M. Running result −$1.37M.
- Income tax benefit: $0. Running result −$1.37M.
- Discontinued operations (net of tax): $13.94M. Running result $12.57M.
- Net income: $12.57M. Running result $12.57M.