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: $160.31M. Running result $160.31M. Revenue: $160.31M.
- Cost of revenue: −$95.97M. Running result $64.34M.
- Gross profit: $64.34M. Running result $64.34M.
- Vessel operating expenses (notes 14b and 14c): −$40.1M. Running result $24.25M.
- Time-charter hire expenses (note 10): −$5.16M. Running result $19.08M.
- Depreciation and amortization: −$26.67M. Running result −$7.58M.
- General and administrative expenses (note 14b): −$9.47M. Running result −$17.05M.
- Write-down and loss on sale of assets (note 19): $4.27M. Running result −$12.78M.
- Restructuring charges (note 20): $0. Running result −$12.78M.
- Other operating costs: −$8.54M. Running result −$21.32M.
- Operating income: −$21.32M. Running result −$21.32M.
- Other expense: −$18.19M. Running result −$39.52M.
- Pre-tax loss: −$39.52M. Running result −$39.52M.
- Income tax expense: −$291K. Running result −$39.81M.
- Net loss: −$39.81M. Running result −$39.81M.
