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: $190K. Running result $190K. Grant Revenue: $180K. Service Revenue: $10K.
- Cost of revenue: −$15K. Running result $175K.
- Gross profit: $175K. Running result $175K.
- Research and development: −$9.61M. Running result −$9.44M.
- Selling, general and administrative: −$6.33M. Running result −$15.76M.
- Operating income: −$15.76M. Running result −$15.76M.
- Other income: $1.29M. Running result −$14.47M.
- Pre-tax loss: −$14.47M. Running result −$14.47M.
- Income tax benefit: $0. Running result −$14.47M.
- Net loss: −$14.47M. Running result −$14.47M.