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Income Statement · Annual · Millions · USD

Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	75	48	56	64	87	108	106	146	223	299
Cost of revenue	64	45	42	54	–	95	97	110	161	208
Net interest income	–	–	–	–	–	–	–	–	–	–
Gross profit	11	4	14	9	–	13	9	35	62	91
Realized investment gains (losses)	0	0	–	–	–	–	–	–	–	–
Research and development	13	12	10	10	–	10	9	8	11	16
Selling, general and administrative	26	23	22	23	–	27	29	32	43	58
Policy acquisition costs	0	0	–	–	–	–	–	–	–	–
Total operating expenses	–	36	(20)	33	–	35	42	47	63	80
Operating income	(28)	(32)	34	(23)	(23)	(21)	(33)	(11)	(1)	11
Interest expense	–	–	–	–	–	–	–	–	–	–
Other non-operating income (expense)	0	(3)	2	0	–	(0)	(0)	(1)	(0)	(1)
Income before taxes	(26)	(33)	33	(17)	(24)	(21)	(35)	(11)	2	17
Income tax expense	1	(0)	6	0	(1)	(2)	0	0	(4)	(117)
Net income from continuing operations	(27)	(33)	27	(17)	(23)	(19)	(35)	(11)	6	134
Net income	(27)	(33)	27	(17)	(23)	(19)	(35)	(11)	6	134
Net income to common shareholders	–	–	–	(22)	(23)	–	–	–	–	–