What should I talk about for Results of Operations on the Financial page?

The 'Results of Operations' section should include:

• Detailed historical results of operations, including expenses
• COGS and any other notable details for each year
• Discussion of whether historical results and cash flows are representative of what investors should expect in the future

If your company has no operating history, you should explain how long you can operate without revenue, what key expenses those estimates are based on, any anticipated operational or capital resource challenges, and any upcoming events or milestones expected to materially impact your business.

You can view a comprehensive sample here.