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: $148K. Running result $148K. Revenue: $148K.
- Cost of revenue: $0. Running result $148K.
- Gross profit: $148K. Running result $148K.
- Research and development cost: −$39.38M. Running result −$39.23M.
- General and administrative: −$11.66M. Running result −$50.89M.
- Operating income: −$50.89M. Running result −$50.89M.
- Other expense: −$1.58M. Running result −$52.46M.
- Pre-tax loss: −$52.46M. Running result −$52.46M.
- Income tax benefit: $0. Running result −$52.46M.
- Net loss: −$52.46M. Running result −$52.46M.