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: $4M. Running result $4M. Revenue: $4M.
- Cost of revenue: −$2.98M. Running result $1.01M.
- Gross profit: $1.01M. Running result $1.01M.
- Research and development expenses: −$348K. Running result $665K.
- Selling and marketing expenses: −$184K. Running result $481K.
- General and administrative expenses: −$3.59M. Running result −$3.11M.
- General and administrative expenses of consolidated variable interest entities: −$266K. Running result −$3.38M.
- Operating income: −$3.38M. Running result −$3.38M.
- Other expense: −$82.51M. Running result −$85.88M.
- Pre-tax loss: −$85.88M. Running result −$85.88M.
- Income tax benefit: $190K. Running result −$85.69M.
- Net loss: −$81.43M. Running result −$81.43M.
