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: $16M. Running result $16M. Hauling: $1.52M. Other: $21.6K. Scrap Metal Recycling: $14.45M.
- Cost of revenue: −$9.94M. Running result $6.06M.
- Gross profit: $6.06M. Running result $6.06M.
- Advertising: −$16.92K. Running result $6.04M.
- Payroll and related expenses: −$3.11M. Running result $2.94M.
- Rent, utilities and property maintenance ($0 and $48,056; $0 and $123,319 to related party, respectively): −$260.43K. Running result $2.68M.
- Hauling and equipment maintenance: −$2.17M. Running result $502.59K.
- Depreciation and amortization expense: −$2.22M. Running result −$1.71M.
- Consulting, accounting and legal: −$325.79K. Running result −$2.04M.
- Other general and administrative expenses: −$806.5K. Running result −$2.85M.
- Operating income: −$2.85M. Running result −$2.85M.
- Other expense: −$394.66K. Running result −$3.24M.
- Pre-tax loss: −$3.24M. Running result −$3.24M.
- Income tax benefit: $0. Running result −$3.24M.
- Net loss: −$3.24M. Running result −$3.24M.
