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: $1.5M. Running result $1.5M. Revenue: $1.5M.
- Cost of revenue: −$765.55K. Running result $732K.
- Gross profit: $732K. Running result $732K.
- Selling, general and administrative: −$1.14M. Running result −$410.65K.
- Professional fees: −$554.86K. Running result −$965.51K.
- Acquisition costs: $0. Running result −$965.51K.
- Impairment of equity and cost method investment: $0. Running result −$965.51K.
- Operating income: −$965.51K. Running result −$965.51K.
- Other expense: −$3.64M. Running result −$4.6M.
- Pre-tax loss: −$4.6M. Running result −$4.6M.
- Income tax benefit: $0. Running result −$4.6M.
- Net loss: −$4.6M. Running result −$4.6M.