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: $5.56M. Running result $5.56M. Revenue: $5.56M.
- Cost of revenue: −$5.89M. Running result −$329.15K.
- Gross loss: −$329.15K. Running result −$329.15K.
- Selling, General and Administrative Expenses: −$1.86M. Running result −$2.19M.
- Gain on Involuntary Conversions (Note 5): $0. Running result −$2.19M.
- Operating income: −$2.19M. Running result −$2.19M.
- Other expense: −$206.77K. Running result −$2.4M.
- Pre-tax loss: −$2.4M. Running result −$2.4M.
- Income tax benefit: $126.35K. Running result −$2.27M.
- Net loss: −$2.27M. Running result −$2.27M.