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: $538.67K. Running result $538.67K. Revenue: $538.67K.
- Cost of revenue: −$238.46K. Running result $300.22K.
- Gross profit: $300.22K. Running result $300.22K.
- General and administrative expenses: −$310.58K. Running result −$10.36K.
- Research and development: −$73.21K. Running result −$83.58K.
- Consulting fees (see Note 4): −$2.15M. Running result −$2.24M.
- Legal and accounting fees: −$5.77K. Running result −$2.24M.
- Audit fees: −$17.5K. Running result −$2.26M.
- Depreciation and amortization expense: −$23.38K. Running result −$2.28M.
- Operating income: −$2.28M. Running result −$2.28M.
- Other expense: −$1.16M. Running result −$3.44M.
- Pre-tax loss: −$3.44M. Running result −$3.44M.
- Income tax benefit: $0. Running result −$3.44M.
- Net loss: −$3.44M. Running result −$3.44M.
