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: $415K. Running result $415K. Revenue: $415K.
- Cost of revenue: $0. Running result $415K.
- Gross profit: $415K. Running result $415K.
- Property operating expenses: −$26K. Running result $389K.
- Real estate taxes: $0. Running result $389K.
- General and administrative: −$1.08M. Running result −$688K.
- Pension related costs: $264K. Running result −$424K.
- Depreciation and amortization: −$1K. Running result −$425K.
- Other operating costs: −$1K. Running result −$426K.
- Operating income: −$425K. Running result −$425K.
- Pre-tax loss: −$425K. Running result −$425K.
- Income tax expense: −$27K. Running result −$452K.
- Net loss: −$452K. Running result −$452K.