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: $23.03M. Running result $23.03M. Orthobiologics: $17.36M. Spinal Implant: $5.67M.
- Cost of revenue: −$9.7M. Running result $13.33M.
- Gross profit: $13.33M. Running result $13.33M.
- General and administrative: −$6.44M. Running result $6.89M.
- Sales and marketing: −$10.37M. Running result −$3.47M.
- Research and development: −$695K. Running result −$4.17M.
- Write-off of distribution agreement deposit: −$5M. Running result −$9.17M.
- Operating income: −$9.17M. Running result −$9.17M.
- Other expense: −$171K. Running result −$9.34M.
- Pre-tax loss: −$9.34M. Running result −$9.34M.
- Income tax expense: −$73K. Running result −$9.41M.
- Net loss: −$9.41M. Running result −$9.41M.
