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: $169.47M. Running result $169.47M. Revenue: $169.47M.
- Cost of revenue: −$89.01M. Running result $80.46M.
- Gross profit: $80.46M. Running result $80.46M.
- Sales and marketing expenses (include transactions with related parties of RMB7,218, RMB11,274 and RMB12,283 for the years ended December 31, 2018, 2019 and 2020, respectively): −$123.23M. Running result −$42.77M.
- Research and development expenses (include transactions with related parties of RMB18,992, RMB19,594 and RMB27,768 for the years ended December 31, 2018, 2019 and 2020, respectively): −$19.61M. Running result −$62.38M.
- General and administrative expenses (include transactions with related parties of RMB5,921, RMB4,075 and RMB13,818 for the years ended December 31, 2018, 2019 and 2020, respectively): −$6.95M. Running result −$69.33M.
- Operating income: −$69.33M. Running result −$69.33M.
- Other income: $816.43K. Running result −$68.51M.
- Pre-tax loss: −$68.51M. Running result −$68.51M.
- Income tax expense: −$75.79K. Running result −$68.59M.
- Net loss: −$68.59M. Running result −$68.59M.
