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: $500K. Running result $500K. Revenue: $500K.
- Cost of revenue: $0. Running result $500K.
- Gross profit: $500K. Running result $500K.
- Research and development: −$7.4M. Running result −$6.9M.
- General and administrative: −$4.8M. Running result −$11.7M.
- Operating income: −$11.7M. Running result −$11.7M.
- Other income: $1.12M. Running result −$10.57M.
- Pre-tax loss: −$10.57M. Running result −$10.57M.
- Income tax benefit: $0. Running result −$10.57M.
- Net loss: −$10.57M. Running result −$10.57M.
