Loading company

Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	–	–	–	0	10	0	10	0	0	0
Research and development	43	30	20	14	17	23	43	42	54	60
Total operating expenses	58	47	33	23	26	34	57	55	68	78
Operating income	(58)	(47)	(33)	(23)	(16)	(34)	(46)	(55)	(68)	(78)
Other non-operating income (expense)	0	(1)	(2)	(1)	(0)	0	1	5	4	4
Income before taxes	(58)	(48)	(35)	(24)	(16)	(34)	(45)	(50)	(64)	(74)
Income tax expense	(0)	–	0	0	0	0	0	0	0	0
Net income from continuing operations	(58)	–	(35)	(24)	(16)	(34)	(45)	(50)	(64)	(74)
Net income	(58)	(48)	(35)	(16)	(16)	(34)	(45)	(50)	(64)	(74)
Net income to common shareholders	(58)	(48)	–	–	–	–	–	–	–	–