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: $16K. Running result $16K. Revenue: $16K.
- Cost of revenue: $0. Running result $16K.
- Gross profit: $16K. Running result $16K.
- Selling, general and administrative expense [Note 5]: −$537.07K. Running result −$521.07K.
- Operating income: −$521.07K. Running result −$521.07K.
- Other income: $38.95K. Running result −$482.12K.
- Pre-tax loss: −$482.12K. Running result −$482.12K.
- Income tax benefit: $0. Running result −$482.12K.
- Net loss: −$482.12K. Running result −$482.12K.