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: $1M. Running result $1M. Revenue: $1M.
- Cost of revenue: $0. Running result $1M.
- Gross profit: $1M. Running result $1M.
- Research and development: −$62.91M. Running result −$61.91M.
- General and administrative: −$15.75M. Running result −$77.66M.
- Acquired in-process research and development: −$30M. Running result −$107.66M.
- Operating income: −$107.66M. Running result −$107.66M.
- Other expense: −$3.68M. Running result −$111.34M.
- Pre-tax loss: −$111.34M. Running result −$111.34M.
- Income tax expense: −$114K. Running result −$111.46M.
- Net loss: −$111.46M. Running result −$111.46M.