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: $620K. Running result $620K. Revenue: $620K.
Cost of revenue: −$1.03M. Running result −$406K.
Gross loss: −$406K. Running result −$406K.
Operating costs: −$1.02M. Running result −$1.42M.
Operating income: −$1.42M. Running result −$1.42M.
Other income: $867K. Running result −$557K.
Pre-tax loss: −$557K. Running result −$557K.
Income tax benefit: $0. Running result −$557K.
Net loss: −$557K. Running result −$557K.

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Income statement waterfall. Revenue $620K. Net result −$557K. A thin axis line marks the loss-zone boundary.

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: $620K. Running result $620K. Revenue: $620K.
Cost of revenue: −$1.03M. Running result −$406K.
Gross loss: −$406K. Running result −$406K.
Operating costs: −$1.02M. Running result −$1.42M.
Operating income: −$1.42M. Running result −$1.42M.
Other income: $867K. Running result −$557K.
Pre-tax loss: −$557K. Running result −$557K.
Income tax benefit: $0. Running result −$557K.
Net loss: −$557K. Running result −$557K.