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: $1.47M. Running result $1.47M. Contract Revenue: $354K. License And Royalty Revenue: $18K. Product Revenue: $1.1M.
- Cost of revenue: −$831K. Running result $642K.
- Gross profit: $642K. Running result $642K.
- Research and development expense: −$15.7M. Running result −$15.06M.
- Sales, marketing, general and administrative expense: −$9.21M. Running result −$24.27M.
- Gain on disposal of fixed assets: −$60K. Running result −$24.33M.
- Other operating benefit: $120K. Running result −$24.21M.
- Operating income: −$24.21M. Running result −$24.21M.
- Other expense: −$12.55M. Running result −$36.76M.
- Pre-tax loss: −$36.76M. Running result −$36.76M.
- Income tax expense: −$181K. Running result −$36.94M.
- Net loss: −$36.94M. Running result −$36.94M.