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: $9.12M. Running result $9.12M. Revenue: $9.12M.
- Cost of revenue: −$9.16M. Running result −$46K.
- Gross loss: −$46K. Running result −$46K.
- Selling, administrative and engineering expense (including related party amounts of $1,154 and $2,307 for the three and six months ended June 30, 2026, respectively, and $1,331 and $2,735 for the three and six months ended June 30, 2025, respectively; see Note 12): −$17.97M. Running result −$18.01M.
- Operating income: −$18.01M. Running result −$18.01M.
- Other expense: −$123K. Running result −$18.14M.
- Pre-tax loss: −$18.14M. Running result −$18.14M.
- Income tax expense: −$76K. Running result −$18.21M.
- Net loss: −$18.21M. Running result −$18.21M.
