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: $88K. Running result $88K. Revenue: $88K.
- Cost of revenue: −$25K. Running result $63K.
- Gross profit: $63K. Running result $63K.
- Research and development: −$16.59M. Running result −$16.53M.
- Selling, general and administrative: −$5.83M. Running result −$22.36M.
- Operating income: −$22.36M. Running result −$22.36M.
- Other expense: −$1.4M. Running result −$23.76M.
- Pre-tax loss: −$23.76M. Running result −$23.76M.
- Income tax benefit: $0. Running result −$23.76M.
- Net loss: −$23.76M. Running result −$23.76M.