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Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	33	26	29	34	37	36	42	40	38	45
Cost of revenue	6	5	6	7	9	9	9	6	7	7
Gross profit	27	21	23	27	29	27	33	33	31	38
Realized investment gains (losses)	–	–	–	–	–	–	–	–	0	(0)
Research and development	3	4	8	7	6	6	7	6	5	6
Selling, general and administrative	23	23	24	25	25	25	27	29	28	31
Operating income	(1)	(9)	(11)	(9)	(6)	(8)	(6)	(10)	(6)	(3)
Interest expense	0	0	0	0	0	0	1	1	1	0
Interest and investment income	0	0	1	0	0	0	0	0	0	0
Income before taxes	(1)	(9)	(11)	(9)	(7)	(6)	(6)	(6)	(6)	(3)
Income tax expense	(0)	4	0	(0)	0	0	0	0	(0)	0
Net income from continuing operations	(1)	(13)	(11)	(9)	(7)	(6)	(6)	(6)	(6)	(3)
Net income	(1)	(8)	(7)	(4)	(3)	(4)	(6)	(6)	(6)	(3)