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: $41K. Running result $41K. Management Fee: $15K. Rent: $26K.
- Cost of revenue: $0. Running result $41K.
- Gross profit: $41K. Running result $41K.
- Operating expenses: −$13K. Running result $28K.
- Corporate general and administrative: −$129K. Running result −$101K.
- Operating income: −$101K. Running result −$101K.
- Other income: $35K. Running result −$66K.
- Pre-tax loss: −$66K. Running result −$66K.
- Income tax benefit: $0. Running result −$66K.
- Net loss: −$66K. Running result −$66K.
