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: $3M. Running result $3M. Revenue: $3M.
- Cost of revenue: $0. Running result $3M.
- Gross profit: $3M. Running result $3M.
- Research and development: −$15.34M. Running result −$12.34M.
- General and administrative: −$10.28M. Running result −$22.62M.
- Operating income: −$22.62M. Running result −$22.62M.
- Other income: $2.43M. Running result −$20.19M.
- Pre-tax loss: −$20.19M. Running result −$20.19M.
- Income tax benefit: $0. Running result −$20.19M.
- Net loss: −$20.19M. Running result −$20.19M.