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QQUEST PATENT RESEARCH CORPORATION

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QUEST PATENT RESEARCH CORPORATION

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Income statement waterfall. Revenue $2M. Net result −$2.12M. A thin axis line marks the loss-zone boundary.

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: $2M. Running result $2M. Revenue: $2M.
  • Cost of revenue: −$2.35M. Running result −$348.21K.
  • Gross loss: −$348.21K. Running result −$348.21K.
  • Selling, general and administrative expenses: −$1.14M. Running result −$1.49M.
  • Operating income: −$1.49M. Running result −$1.49M.
  • Other expense: −$298.15K. Running result −$1.79M.
  • Pre-tax loss: −$1.79M. Running result −$1.79M.
  • Income tax expense: −$330K. Running result −$2.12M.
  • Net loss: −$2.12M. Running result −$2.12M.