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Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	11	21	48	54	24	20	16	16	16	14
Cost of revenue	4	6	14	19	13	11	11	9	9	7
Net interest income	–	–	(0)	0	(0)	(0)	(2)	–	–	–
Gross profit	7	14	34	35	11	9	6	7	7	7
Research and development	1	1	2	6	3	1	0	0	0	0
Selling, general and administrative	13	16	22	46	31	26	12	10	9	8
Total operating expenses	20	19	24	52	34	27	12	–	–	–
Operating income	(13)	(5)	10	(17)	(23)	(18)	(7)	3	(2)	(0)
Interest expense	1	1	0	–	–	0	1	–	0	1
Other non-operating income (expense)	(1)	(1)	(0)	–	–	–	(2)	(0)	(0)	(0)
Income before taxes	(14)	(5)	10	(17)	(23)	(16)	(8)	3	(2)	(1)
Income tax expense	0	(0)	0	(1)	(0)	(0)	(0)	(0)	(0)	0
Net income from continuing operations	(14)	(5)	10	(17)	(22)	(16)	(8)	3	(2)	(1)
Net income	(14)	(5)	10	(17)	(22)	(16)	(8)	3	(2)	(1)
Net income to common shareholders	–	–	–	–	–	(16)	(9)	3	(2)	–