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: $4.06B. Running result $4.06B. Revenue: $4.06B.
- Cost of revenue: −$1.76B. Running result $2.3B.
- Gross profit: $2.3B. Running result $2.3B.
- Sales and marketing expenses (including services received from a related party of nil, nil and RMB4,166,230 (US$638,503) for the years ended December 31, 2018, 2019 and 2020, respectively): −$2.25B. Running result $47.32M.
- General and administrative expenses: −$62.1M. Running result −$14.78M.
- Research and development expenses (including services received from related parties of RMB223,732, RMB873,288 and RMB1,850,321 (US$283,574) for the years ended December 31, 2018, 2019 and 2020, respectively): −$298.77M. Running result −$313.55M.
- Operating income: −$313.55M. Running result −$313.55M.
- Other income: $102.81M. Running result −$210.75M.
- Pre-tax loss: −$210.75M. Running result −$210.75M.
- Income tax benefit: $0. Running result −$210.75M.
- Net loss: −$210.75M. Running result −$210.75M.
