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: $770K. Running result $770K. Revenue: $770K.
- Cost of revenue: −$203K. Running result $567K.
- Gross profit: $567K. Running result $567K.
- Research and development: −$377K. Running result $190K.
- Selling, general and administrative: −$2.05M. Running result −$1.86M.
- Operating income: −$1.86M. Running result −$1.86M.
- Other income: $30K. Running result −$1.83M.
- Pre-tax loss: −$1.83M. Running result −$1.83M.
- Income tax benefit: $0. Running result −$1.83M.
- Net loss: −$1.83M. Running result −$1.83M.